Decision Summary October 19, 2017

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

IFRS® Discussion Group

The Board received feedback on the discussions at a recent meeting of its IFRS Discussion Group.

Due Process and Governance


The Board received an update on the initiatives underway to improve its communications to engage stakeholders, and posed pertinent questions. In response to feedback from AcSB stakeholders, these initiatives include improvements in writing document and website content so that it can be understood clearly and quickly, growing the use of social media and redesigning the Board’s website.

AcSB Due Process

The Board approved a report to the Accounting Standards Oversight Council on its compliance with due process.


Read about Board recommendations made to influence the development of IFRS® Standards and enhance the global comparability of financial reporting outcomes, including U.S. GAAP, in the Board’s Responses to IASB Documents for Comment and Responses to Other Documents for Comment.