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Join us for a virtual roundtable discussion on the AcSB’s Consultation Paper, “Improvements to Section 4450, Reporting Controlled and Related Entities by Not-for-Profit Organizations.” Our French roundtable is October 28, 2026, and our English roundtable is October 29, 2026. Don’t miss your chance to share your feedback with our team. Register now to save your spot!

Are you a Canadian private enterprise, not-for-profit organization, pension plan, an advisor to one, or a user of their financial statements? Join this webinar to learn about current accounting standards projects and recent amendments in Parts II, III, and IV of the CPA Canada Handbook – Accounting. Register for the French webinar on November 24, 2026, or the English webinar on November 26, 2026.

The AcSB is seeking feedback on proposed amendments to Section 3856, Financial Instruments. The proposed narrow-scope amendments would introduce an accounting policy choice associated with the derecognition of financial liabilities. Submit your comments by January 22, 2027.

The IASB amended IAS 28 to reduce diversity in applying the fair value option, particularly in the insurance sector. The amendments clarify that entities whose main business activity is investing in specified assets are “similar entities.” The amendments have been incorporated into Part I of the CPA Canada Handbook and apply when an entity adopts IFRS 18.

Would you like to help improve accounting standards for private enterprises and/or not-for-profit organizations in Canada? The AcSB is seeking new members for four Advisory Committees: the Private Enterprise Advisory Committee, Not-for-Profit Advisory Committee, Medium and Small Practitioners Advisory Committee, and Canadian Private Enterprise User Advisory Committee. Apply to join one by December 15, 2026.

The IFRS Accounting Standards Discussion Group wants to hear about the challenges you face when applying IFRS Accounting Standards. Submit your issue by October 16, 2026, for consideration as a discussion topic at our December 8, 2026, meeting.

The AcSB discussed 2026-2027 Package of Minor Amendments, Non-traditional Pension Plans, Contributions, and more. Read the decision summary for full details.

The Group discussed IFRS 18 Presentation and Disclosure in Financial Statements: Management-defined Performance Measures – Public Communications, IFRS 18: Management-defined Performance Measures – Hypothetical Income and Expenses, IAS 28 Investments in Associates and Joint Ventures: Election to Measure Investments in Associates or Joint Ventures at Fair Value Through Profit or Loss, and more. Read the meeting report for full details!

The AcSB is seeking feedback on its Consultation Paper, “Improvements to Section 4450, Reporting Controlled and Related Entities by Not-for-Profit Organizations,” including our proposals to: identify and assess relationships with related and controlled entities; enhance definitions of control and significant influence; and strengthen disclosure requirements for users to better understand these relationships. Read more and submit your comments by February 26, 2027.

The AcSB wants your views on our proposed improvements to Section 4450, including a new control model to evaluate relationships between NFPOs, changes to the definition of “significant influence,” clarification of relationships with profit-oriented enterprises, and an enhanced disclosure framework. Read our In Brief for an overview of key proposals and more on how you can respond.