AcSB

IFRS® Discussion Group

About the Discussion Group

The Accounting Standards Board (AcSB) established the IFRS® Discussion Group in November 2009 to implement and maintain a regular public forum to discuss issues that arise in Canada when applying IFRS Standards.

Staff Contact(s)

Sean Wang, CPA, CA, CFA

Principal, Accounting Standards Board

Search Past Meeting Topics

Use our searchable database to find out if the IFRS Discussion Group has discussed a topic that you need information about! 

Submit an Issue

Did you know you can submit an issue to us for possible discussion at an upcoming meeting?

Meetings

The Group normally meets three times a year. Discussions regarding issues arising from the application of IFRS Standards are held in public and conducted in English.  Audio webcasts of the Group’s discussion for each agenda topic are generally available online the week following the meeting. A report on the public meeting will be made available after each meeting.

Discussions of the Group to provide advice to the AcSB on potential changes to IFRS Standards are generally held in private. 

For upcoming meetings, visit the AcSB calendar.

 

Upcoming meetings & events

See all upcoming meetings and events
April 14 - May 6, 2020 Virtual Roundtable Discussions – Stakeholder Views Sought on IFRS® Standards Exposure Draft, General Presentation and Disclosures April 14, 2020 – 2:00pm to 4:00pm EST (French) April 21, 2020 – 2:00pm to 4:00pm EST (English) May 6, 2020 – 1:00pm to 3:00pm EST (English)

Attend a virtual roundtable between April and May 2020 to provide your feedback on the IASB’s Exposure Draft, General Presentation and Disclosures. This is your chance to share your views directly with the AcSB! A French-language option is also available.

May 27, 2020 IFRS® Discussion Group Meeting – May 27, 2020 TBD Toronto, ON

Stay tuned for details!

September 23, 2020 IFRS® Discussion Group Meeting – September 23, 2020 TBD

Stay tuned for details!

Meeting & event summaries

See all meetings & events summaries
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.

December 12, 2019 IFRS® Discussion Group Meeting Report – December 12, 2019

The Group discussed topics such as lease term and useful life of leasehold improvements, application of definition of lease to a surface right, and impacts of climate change on financial reporting. Read about the views expressed by Group members for helpful tips on these and other topics.

September 25, 2019 IFRS® Discussion Group Meeting Report – September 25, 2019

The Group discussed topics such as accounting for sale-lease back transactions with variable payments, and application issues from an asset acquisition. Read about the views expressed by Group members for helpful tips on these and other topics.   

Members and Participants

The Group consists of:

  • a Chair, who is a member of the AcSB; 
  • a Vice-Chair; and
  • 15 to 25 other members with a range of backgrounds and experience, including preparers, users and auditors of financial reports prepared in accordance with IFRS Standards. 

Members are generally appointed for a three-year term, renewable once.

In addition to members, the AcSB’s Chair and Director, Accounting Standards, attend the Group’s meetings. Several other individuals participate in the meetings, including:

  • Representatives of the Canadian Securities Administrators:
    • Anita Cyr – British Columbia Securities Commission
    • Mark Pinch – Ontario Securities Commission

Others may be invited to participate in meetings on an ad hoc basis to contribute to discussions on particular issues. An individual who submits an issue can participate in the Group’s discussion of that issue.

 

Guy Jones

FCPA, FCA
Ernst & Young LLP
Toronto, ON
Chair and Member, IFRS Interpretations Committee

Gabriela Kegalj

FCPA, FCA
KPMG LLP
Toronto, ON
Vice-Chair

Andrew Gill

CPA auditor, CA
Bombardier Inc.
Montréal, QC
Member(s)

Brian Li

CPA, CA
Central 1 Credit Union
Vancouver, BC
Member(s)

Cathy Louladakis

CPA auditor, CA
PSP Investments
Montréal, QC
Member(s)

Christine Fraser

CPA, CA
Pembina Pipeline Corporation
Member(s)

Christopher Boland

CPA, CA, CMA
Chris Boland Professional Corporation
Ottawa, ON
Member(s)

Craig Cross

CPA, CA
RSM Canada LLP
Toronto, ON
Member(s)

Erin Rao

CPA, CA
Erin Rao, CPA, Consulting Services
Surrey, BC
Member(s)

Glen McFarland

CPA, CA
McGovern Hurley LLP
Toronto, ON
Member(s)

Irene Wiecek

FCPA, FCA
University of Toronto/Institute for Management & Innovation
Mississauga, ON
Member(s)

Jeffrey Glassford

CPA, CA
Ernst & Young LLP
Toronto, ON
Member(s)

Katie Kerrigan

CPA, CA
Office of the Auditor General of Canada
Ottawa, ON
Member(s)

Katie Quinn

CPA, CA
Grant Thornton LLP
Mississauga, ON
Member(s)

Kerry Danyluk

CPA, CA
Deloitte LLP
Toronto, ON
Member(s)

Lucie Lavoie

CPA auditrice, CA
Mazars, S.E.N.C.R.L.
Montréal, QC
Member(s)

Malcolm Mckay

CPA, CA
Nutrien
Calgary, AB
Member(s)

Marie-France Mayer

CPA auditrice, CA
Caisse de dépôt et placement du Québec
Montréal, QC
Member(s)

Mikaela Taylor

CPA, CA
BDO Canada LLP
Vancouver, BC
Member(s)

Patrick Courval

CN Investment Division
Montréal, QC
Member(s)

Sean Cable

CPA, CA
PricewaterhouseCoopers LLP
Toronto, ON
Member(s)

Shane Hilkowitz

CPA, CA
MNP LLP
Mississauga, ON
Member(s)

Wael El Abed

CPA, CA
TD Bank
Toronto, ON
Member(s)