Decision Summary April 9, 2018

This summary of Accounting Standards Board (AcSB) decisions has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussion on projects, which may change after further deliberations by the AcSB. Decisions to publish Handbook material are final only after a formal ballot process.

IFRS® Standards

User Advisory Council

The Board received feedback on the discussions at a recent User Advisory Council meeting. The topics covered included rate-regulated activities and hybrid pension plans.

Standards for Private Enterprises


The Board considered decision trees and other materials illustrating the key concepts in the proposals in Section 3041, Agriculture, that will be included in the forthcoming exposure draft. The Board also considered its communication and consultation plans for the exposure draft and asked the staff to consider alternative timing for roundtable consultations. The Board plans to publish the exposure draft no later than the third quarter of 2018.

Due Process

AcSB 2017-2018 Performance Report

The Board approved its performance report for the operating year ended on March 31, 2018, after considering input from the Accounting Standards Oversight Council’s (AcSOC) Performance Review Committee. AcSOC will receive this report in June 2018 to enable it to assess the Board’s performance for the 2017-2018 operating year.