Academic Advisory Committee
The purpose of the Academic Advisory Committee is to ensure that the AcSB is fully informed of academic research in areas relevant to setting accounting standards, and that academic research programs benefiting the standard-setting process are developed on a timely basis.
Agriculture Advisory Group
The Agriculture Advisory Group advises the AcSB on application matters related to Section 3041, Agriculture. The Group will assist the AcSB with assessing whether a post-implementation review will be needed in the future for this new agriculture standard.
Crypto-asset Working Group
The objective of the Crypto-asset Working Group (CWG) is to advise and support the AcSB in its research associated with the accounting for and disclosure of crypto-asset activities. The CWG also advises the AcSB on application matters related to the accounting for crypto-asset activities.
IFRS® Accounting Standards Discussion Group
The IFRS® Accounting Standards Discussion Group is a regular public forum to discuss issues that arise in Canada when applying IFRS® Accounting Standards. The IFRS Accounting Standards Discussion Group’s mandate was expanded to include assisting the Board in influencing the development of IFRS Accounting Standards (for example, providing advice on potential changes to IFRS Accounting Standards).
IFRS Interpretations Committee Member Support Group
The IFRS Interpretations Committee Member Support Group supports the Canadian member(s) of the IASB’s IFRS Interpretations Committee (IFRIC) by providing Canadian views, insights, analysis and background on implementation issues.
Insurance Transition Resource Group
The AcSB Insurance Transition Resource Group advises the AcSB on application matters related to IFRS 17 Insurance Contracts and as needed, on the development of other IFRS Accounting Standards. The Group will assist the AcSB with contributing to the IASB’s work, including the future post-implementation review of IFRS 17.
Not-For-Profit Advisory Committee
The Not-for-Profit Advisory Committee acts in an advisory capacity to the AcSB and assists the AcSB in maintaining and improving accounting standards for not-for-profit organizations in the private sector.
Pension Plan Advisory Committee
The Advisory Committee acts in an advisory capacity to the AcSB and assists the AcSB in maintaining and improving accounting standards for pension plans in Part IV of the CPA Canada Handbook.
Private Enterprise Advisory Committee
The Private Enterprise Advisory Committee assists the AcSB in maintaining and improving accounting standards for private enterprises.
Small Practitioners Working Group
The Small Practitioners Working Group assists the AcSB with its strategic work related to the Preface of the CPA Canada Handbook and how to improve the relevance of accounting standards for Canadian financial statement preparers and users through scaling the standards.
User Advisory Committee
The User Advisory Committee helps to increase financial statement user participation in the accounting standard-setting process. The objective of accounting standards is to meet the needs of users of financial statements by providing the information they require to make informed decisions.