News Listings

Read our In Brief on the Consultation Paper, “Detailed Review of Accounting Standards for Private Enterprises.” This Consultation Paper seeks to identify the most complex ASPE requirements, where the AcSB’s cost/benefit threshold is not met, and the issue is pervasive among private entities. We want your feedback to ensure we have a complete picture of the issues you’re facing, and that our proposed solutions are practical and effective. Stay informed and help us set future project priorities!

Tell us what you think! Help shape future AcSB Part IV work plans by taking our new survey on potential topics for inclusion by November 4, 2025. Your feedback will help inform our 2026–2027 annual plan and upcoming strategic plan. 

The Reporting and Assurance Standards Oversight Council and the Standard-setting Boards have released their 2024-2025 Annual Reports, highlighting oversight efforts, standards activity, and engagement that demonstrate transparency and accountability. Read the reports to learn more about their respective years in review.

The AcSB discussed Agriculture, Detailed Review of ASPE, Financial Statement Concepts, Part IV Work Plan Survey, IFRS® Accounting Standards Discussion Group topics, and more. Read the Decision Summary for full details.

The IFRS Accounting Standards Discussion Group wants to hear about the challenges you face when applying IFRS Accounting Standards. Submit your issue by July 14, 2025, for consideration as a discussion topic at our September 18, 2025, meeting.

The revised CAS 570, Going Concern, issued on June 1, 2025, brings changes to the auditor's expectations for management’s going concern assessment timeline. Read our joint communication with PSAB and the AcSB for details. 

The AcSB discussed Rate-regulated Activities, the Post-implementation Review of IFRS 16, Dynamic Risk Management, the IASB Fourth Agenda Consultation, Detailed Review of ASPE, Reporting Controlled and Related Entities, Relief from Recognition of Intangible Assets and Amortization of Goodwill, the FASB Agenda Consultation, Sustainability, the AcSB Strategic Plan, Due Process, and more. Read our Decision Summary for full details.

How do new or amended IFRS® Accounting Standards make their way into the CPA Canada Handbook – Accounting? Find out via this overview of the due process activities we completed in support of changes made to Part I of the Handbook in 2024.

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

Read the project summary for the AcSB's Evaluating the Preface project to learn more about our research findings and why we decided to conclude our work on this project.