Standards for Private Enterprises

WHAT'S NEW

Private Enterprise Advisory Committee Notes – September 11, 2018
September 26, 2018. At its recent meeting, the Committee discussed a number of topics including Revenue, Financial Instruments – Hedging, Pensions, Combinations, Related Party Transactions, Removal of Part V, and the Framework for Financial Reporting.

Volunteer Opportunity – Academic Advisory Council
September 19, 2018. The AcSB is currently seeking new members for its Academic Advisory Council, engaged in empirical, survey-based or experimental research. If you are interested, please submit your curriculum vitae by October 31, 2018.

AcSB Exposure Draft – Investments
September 7, 2018. The AcSB has issued an Exposure Draft to clarify the applicability of the cost-method guidance in Section 3051, Investments. Stakeholders are encouraged to submit their comments by December 5, 2018.

AcSB Exposure Draft – Income Taxes
September 7, 2018. The AcSB has issued an Exposure Draft that revises and updates Section 3465, Income Taxes, to remove an outdated example and requires future income tax assets and liabilities to be presented as non-current. Stakeholders are encouraged to submit their comments by December 5, 2018.

Webinar – ASPE Exposure Draft on Agriculture
August 27, 2018. Learn about the AcSB’s proposals and how they will affect the financial reporting of agricultural producers applying Part II of the Handbook. Tune in on September 17, 2018 (English) or October 2, 2018 (French).

In Brief – A plain and simple overview of the AcSB’s Exposure Draft on Agriculture
August 24, 2018. This In Brief provides a plain and simple overview of how the AcSB’s proposals in its Exposure Draft, Agriculture will affect the financial reporting of agricultural producers.

New Revenue Project Approved – Narrow Scope Amendments
August 24, 2018. The AcSB approved a project to address issues raised by stakeholders who account for revenue using Part II or Part III of the Handbook. The project aims to provide additional guidance in Section 3400, Revenue, in Part II on five topics.

Not-for-Profit Advisory Committee Notes – July 5, 2018
August 23, 2018. At its recent meeting, the Committee discussed a number of topics including: Contributions, Agriculture, Part II activities, Implementation Guidance, Draft Framework for Reporting Performance Measures, Member Survey Results, and Public Sector Accounting Board Update.

Work with us! Seeking a new Accounting Standards principal
August 16, 2018. We are looking for a highly skilled, energetic, and committed new team member to advise and carry out the plans of the AcSB. Apply today!

Video – Linda Mezon launches the Draft Framework for Reporting Performance Measures
August 15, 2018. On June 14, 2018, the AcSB’s Draft Framework for Reporting Performance Measures was released. Watch this video to hear Linda Mezon’s presentation that launched this initiative, which took place at the 2018 FEI Canada Annual Conference.

Roundtable Discussions – Stakeholder Views Sought on the Agriculture Exposure Draft
August 7, 2018. The AcSB is holding roundtable discussions to hear your views on its Exposure Draft, Agriculture. Discussions are taking place in cities this fall across the country. Complete the registration form to attend the roundtable of your choice!

Deadline Extension – Draft Framework for Reporting Performance Measures
August 1, 2018. The AcSB decided to extend the comment deadline from September 17, 2018 to October 1, 2018! This will help ensure you have more time to provide your feedback, whether through our survey, feedback sessions or by email. We look forward to hearing from you!

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