AcSB Decision Summary – May 26, 2020
The Board discussed topics such as its Exposure Draft, “Combinations – Initial Measurements and Related Disclosures”, its planned 2020-2021 activities in light of the COVID-19 pandemic – plus much more. Read the Decision Summary for full details.
AcSB Decision Summary – May 13, 2020
The Board discussed topics such as IFRS® Standards on Interest Rate Benchmark Reform and Leases, stakeholder feedback on its Exposure Draft, “Employee Future Benefits – Use of a Funding Valuation”, and an appropriate comment deadline for its recently released Consultation Paper “Contributions – Revenue Recognition and Related Matters” – plus much more. Read the Decision Summary for full details.
AcSB Decision Summary – April 15, 2020
The Board discussed the evolving situation related to the COVID-19 pandemic. A number of decisions were made in order to best support our stakeholders during this challenging and uncertain time, including: deferring January 1, 2020 and 2021 effective dates by one year for Part II standards and maintaining our current comment deadline of May 15, 2020 for the Exposure Draft, Combinations - Initial Measurements and Related Disclosures. Read the Decision Summary for more details.
AcSB Decision Summary – March 3-4, 2020
The Board discussed topics such as IFRS Standards, employee future benefits, related party transaction, standards for pension plans, and its next strategic plan, among others. Read the Decision Summary for full details.
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.
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.