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 Board. Decisions to publish Handbook material are final only after a formal ballot process.
The AcSB will respond to changes and reprioritize when necessary, ensuring we can address implementation challenges and provide the information users may need in these unique circumstances.
The AcSB values input and feedback from stakeholders and can be reached anytime through our online form.
Due Process
Strategic Plan
The AcSB discussed its next Strategic Plan, including consideration of the Board’s strategic priorities in light of the current environment. The Board also discussed the Mission Statement, the duration of the next Strategic Plan, and the timeline for issuance. The Board directed staff to start drafting the Strategic Plan.
The AcSB will review a draft of the plan at its meeting in January 2021.
In May 2021, the AcSB plans to issue the Draft Strategic Plan for public comment.