AcSB

Accounting Standards Board

About the AcSB

The Accounting Standards Board (AcSB) is an independent body with the authority to establish accounting standards for use by all Canadian entities outside the public sector. We serve the public interest by establishing standards for financial reporting by all Canadian private sector entities and by contributing to the development of internationally accepted financial reporting standards. 

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Report Quality Performance Measures

Learn about best practices for preparing non-GAAP and operational measures in the AcSB's Framework for Reporting Performance Measures!

Upcoming meetings & events

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March 3-4, 2020 AcSB Meeting – March 3–4, 2020 8:30 am to 5:00 pm EST Toronto, ON

At its upcoming meeting the Board will consider matters regarding standards for IFRS® Standards, private enterprises, not-for-profit organizations, due process, and more. Read the agenda for full details.

March 9, 2020 Webinar - IFRS® Standards Exposure Draft, General Presentation and Disclosures 12:30pm-1:30pm EST (English)

Do you apply IFRS® Standards? Do you audit or use public company financial statements and performance measures? Learn about changes the IASB is proposing via this webinar. on March 9, 2020 (English) at 12:30 pm (EST) and March 24, 2020 (French) at 2:00pm (EST).

March 10-24, 2020 Roundtable Discussions – Stakeholder views sought on the its Exposure Draft, Combinations March 10, 2020 (1 pm – 3 pm EST), March 24, 2020 (10 am – 12 pm EST) Toronto, ON

The AcSB is holding virtual roundtable discussions to hear your views on its Exposure Draft, Combinations. Discussions are taking place this March, with opportunities to participate in either English or French. Register today!

Meeting & event summaries

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February 18, 2020 AcSB Decision Summary – February 18, 2020

The Board discussed topics such as contributions, ASPE implementation, and its next strategic plan, among others.

January 15, 2020 AcSB Decision Summary – January 15, 2020

The Board discussed topics such as IFRS® Standards, contributions, pension plans, and its next strategic plan, among others.

December 12, 2019 IFRS® Discussion Group Archived Audio Webcast – December 12, 2019

Get a head-start on year-end reporting by listening to the Group’s insightful discussions on hot topics, including lease term determination, climate change and asset impairment, and the impacts of the new leasing standard on inventory and revenue recognition. Tune into opening remarks for updates on topics discussed in previous meetings, such as sale-lease back transactions with variable payments.

News

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March 10, 2020 News
Roundtable Discussions – Stakeholder views sought on the Exposure Draft, Combinations

The AcSB is holding virtual roundtable discussions to hear your views on its Exposure Draft, Combinations. Discussions are taking place this March, with opportunities to participate in either English or French. Register today!

February 27, 2020 Resource
In Brief – IASB Exposure Draft: General Presentation and Disclosures

A plain language and simple overview of the IASB’s Exposure Draft: General Presentation and Disclosures. Learn more about this Exposure Draft and how to have your say!

February 20, 2020 News
Volunteer Opportunity – Private Enterprise Advisory Committee

Do you have an in-depth knowledge of accounting standards for private enterprises and their application? Would you like to help improve Canadian accounting standards for private enterprises? If so, the Accounting Standards Board needs you on its Private Enterprise Advisory Committee! Apply by April 10, 2020.