AcSB

News Listings

to

February 27, 2019

Meeting Summary

Webinar – AcSB Framework for Reporting Performance Measures

Are you a preparer, director, practitioner, investor or contributor who reports, oversees, assesses or uses performance measures? Learn how you can help improve the quality of performance measures by leveraging this Framework. Join in on February 27, 2019 (English) or March 1, 2019 (French).

February 19, 2019

News

AcSB Response Financial Instruments with Characteristics of Equity

On January 15, 2019, the AcSB responded to the International Accounting Standards Board’s (IASB) Discussion Paper, “Financial Instruments with Characteristics of Equity”, which seeks to address the current application challenges with IAS 32 Financial Instruments: Presentation. Read our letter to understand the matters we raised to the IASB for further consideration.

February 15, 2019

News

IASB Project Report and Feedback Statement – Post-implementation Review of IFRS 13 Fair Value Measurement

The IASB has issued its Project Report and Feedback Statement on the post-implementation review of IFRS 13. Overall, the IASB concluded that IFRS 13 is working as intended and that no further work on the project is required.

February 15, 2019

Resource

A Podcast Series – AcSB in Conversation

Listen to members of the AcSB discuss key topics relevant to IFRS Standards, Accounting Standards for Private Enterprises, and Not-for-Profit Organizations. Discussions also include updates on the AcSB’s current projects and its many activities.

February 14, 2019

Meeting Summary

IFRS® Discussion Group Meeting Report – January 10, 2019

The Group discussed topics such as 2019 interim disclosure considerations related to IFRS 16, credit enhancements and related party loans. Read about the views expressed by Group members for helpful tips and stay up-to-date on past issues such as accounting for asset retirement obligations.

February 13, 2019

News

Media Release – AcSB Chair’s Term Extended

AcSOC is pleased to announce the extension of the term of the current AcSB Chair, Linda F. Mezon, FCPA, FCA, CPA (MI), CGMA until June 30, 2023. This is a two-year extension that will ensure continuity at a time of significant activity in accounting standard setting, both globally and in Canada.

February 8, 2019

Meeting Summary

IFRS® Discussion Group Meeting Report (IFRS 3 Topic) – January 10, 2019

The Group discussed whether the amendments to IFRS 3 associated with the definition of a business can be early adopted by entities. This topic may be relevant to an entity’s 2018 year-end reporting period. Check back mid-February for the summary on the other topics discussed at the Group’s January 2019 meeting!

February 8, 2019

Resource

Extractive Activities — AcSB Research Update

Get a plain and simple overview of the results of the AcSB’s research on the accounting challenges faced in extractive sector. We also outline developments since the IASB Discussion Paper, Extractive Activities was published in 2010. Our findings are to assist the IASB in identifying topics it should consider as it starts research on extractive activities.

February 1, 2019

News

Volunteer Opportunity — Not-for-Profit Advisory Committee

Do you have an in-depth knowledge of accounting standards for private sector not-for-profit organizations, and of their application? Are you interested in helping improve accounting standards for private sector not-for-profit organizations? If so, the AcSB needs you on its Not-for-Profit Advisory Committee! Apply by March 15, 2019.

January 24, 2019

Meeting Summary

AcSB Decision Summary – January 15, 2019

The Board discussed topics such as Contributions, Combinations, Revenue, Insurance Contracts, Related Party Transactions, and the Board’s 2019-2020 Annual Plan and 2018-2019 Performance Report, among others.