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Call for Applications: Standardsco Chair and Board of Directors

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Standardsco, a newly established federal not-for-profit corporation, will be formed in response to the recommendations of the Independent Review Committee on Standard Setting in Canada. The Standardsco Search Committee is currently seeking qualified individuals to join our Inaugural Board of Directors, including the pivotal role of Chair. In partnership with the leadership advisory firm Odgers Berndtson, the Standardsco Search Committee encourages interested candidates to apply promptly.

Roundtable: AASB Exposure Draft on CSRS 4250 – Compilation Engagements

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Join the AASB on November 12 in English and November 14 in French, for an engaging overview of its Exposure Draft on the proposed standard. Discover key concepts, share your feedback directly with the board, and help shape the future of this important project.

 
New Topics: Climate-related matters and ASPE Financial Statements

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The AcSB's latest installment on climate change matters and ASPE financial statements, tackles the topics of property, plant, and equipment (PPE), impairment of long-lived assets, and contingent liabilities. Learn how to navigate these climate-related matters using ASPE.

News Listings

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October 21, 2024

Resource

Feedback Statement – Criteria for Modification, CSDS 1 and CSDS 2

The Canadian Sustainability Standards Board (CSSB) is pleased to announce the release of its Feedback Statement summarizing the responses received from its extensive public consultation on Canada’s first-ever sustainability disclosure standards. Read about who responded and what they said. Stay tuned for a separate report based on Indigenous participation and feedback related to Indigenous matters.

October 17, 2024

News, Document for Comment

PSAB Re-exposure Draft – Employee Benefits, Proposed Section PS 3251

PSAB has issued the Re-exposure Draft, “Employee Benefits, Proposed Section 3251.” This limited re-exposure focuses on amendments to discount rate principles of the Exposure Draft issued in July 2021, including assessing funding status and sensitivity analysis disclosure requirements. Don’t miss your chance to review these amendments and send us your feedback by January 20, 2025.

October 17, 2024

Webinar, International Activity, News

Webinar – PSAB’s Re-exposure Draft, “Employee Benefits, Proposed Section PS 3251”

Learn about key proposals in PSAB’s recently issued Re-exposure Draft “Employee Benefits, Proposed Section PS 3251”! Join us for a live webinar on November 13, 2024, and find out how we’re responding to your feedback on discount rate amendments. This webinar will be conducted in English with simultaneous translation to French. Register now and stay informed about how upcoming changes could impact you.

October 17, 2024

Resource, In Brief

In Brief – A plain and simple overview of PSAB’s Re-exposure Draft, “Employee Benefits, Proposed Section PS 3251”

PSAB has issued the Re-exposure Draft, “Employee Benefits, Proposed Section PS 3251.” This Re-exposure Draft focuses on amendments to previously exposed discount rate principles for defined benefit plans. Read our In Brief to learn more about the proposals and how you can provide your input.

October 10, 2024

Resource

What You Need to Know about Proposed Canadian Standard on Related Services (CSRS) 4250, Compilation Engagements on Future-oriented Financial Information and Pro Forma

Short on time but want to know how this change impacts you as a practitioner, a user of FOFI or pro forma, management, or a staff member charged with governance? Read our educational guide for more details! 

October 9, 2024

News, International Activity

IAASB Approves International Standard on Sustainability Assurance (ISSA) 5000, General Requirements for Sustainability Assurance Engagements

The IAASB approved International Standard on Sustainability Assurance (ISSA) 5000, General Requirements for Sustainability Assurance Engagements. Find out what’s next for sustainability assurance in Canada.  

October 3, 2024

News

IFRS® Accounting Standards Discussion Group – Request for Issues

The IFRS Accounting Standards Discussion Group wants to hear about the challenges you face when applying IFRS Accounting Standards. Submit your issue by October 11, 2024, for consideration as a discussion topic at our December 3, 2024, meeting.

September 30, 2024

News

Call for Applications – Inaugural Standardsco Chair and Board of Directors

Standardsco, a newly established federal not-for-profit corporation, has been formed in response to the recommendations of the Independent Review Committee on Standard Setting in Canada. The Standardsco Search Committee is currently seeking qualified individuals to join our Inaugural Board of Directors, including the pivotal role of Chair. In partnership with the leadership advisory firm Odgers Berndtson, the Standardsco Search Committee encourages interested candidates to apply promptly. 

September 25, 2024

News

Volunteer Opportunity – Field-test Selected Requirements in the AASB’s Exposure Draft, “Proposed Canadian Standard on Related Services (CSRS) 4250, Compilation Engagements on Future-oriented Financial Information and Pro Forma”

Calling all practitioners! We need your expertise to shape the future of CSRS 4250. Join us in field-testing selected requirements from our new Exposure Draft. Your insights are crucial as we determine whether our proposals are both implementable and understandable. Be part of the standard’s development and help us ensure we meet your needs. Don't miss your opportunity to contribute! Register by October 18, 2024, to make your voice heard.

September 25, 2024

Document for Comment, News

AASB Exposure Draft, “Proposed Canadian Standard on Related Services (CSRS), Compilation Engagements on Future-oriented Financial Information and Pro Forma”

Our new Exposure Draft, “Proposed CSRS 4250, Compilation Engagements on Future-oriented Financial Information and Pro Forma,” is out now, and we want to hear your views! Your feedback is integral to our consultation process and will help us determine the next steps as we advance our project. Don’t miss your opportunity to have your voice heard. Respond to our proposals by January 7, 2025.