The Group helps the AcSB identify challenges with selecting accounting frameworks based on the Preface of the Handbook and how to scale the standards to improve relevance and useability for Canadian stakeholders.
The Group consists of:
- a Chair, who is appointed by the AcSB; and
- other members familiar with Canadian accounting standards for private enterprises and not-for-profit organizations and the challenges that the application of those standards may create in Canadian financial reporting.
Members are appointed for an initial three-year term and are eligible for reappointment or extension at the discretion of the AcSB Chair.
Working Group members are experts who reflect the broad diversity of practitioners and small firms in Canada.