News Listings

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

The Medium and Small Practitioners Advisory Committee held a meeting on January 29, 2025, and discussed Financial Statement Concepts, the Detailed Review of ASPE, and more. Read the meeting notes for full details!

The AcSB discussed Provisions – Targeted Improvements, Relief from Recognition of Intangible Assets and Amortization of Goodwill, the Preface, and more. Read the Decision Summary for full details.

The AcSB is exploring the potential impacts of climate change on businesses and financial reporting under Accounting Standards for Private Enterprises (ASPE).

In this third installment, we dive into climate-related factors and its potential impacts on financial instruments, including fair value measurement, as well as consolidation and control.

This ongoing series equips organizations with the insights needed to navigate climate-related matters—and financial reporting under ASPE.

The AcSB discussed Agriculture, Pension Plans, its Annual and Strategic Plans, and more. Read the Decision Summary for full details.

The AcSB wants your feedback on its proposed amendments to Section 3840, Related Party Transactions. These proposed narrow-scope amendments address accounting for a combination between enterprises or businesses under common control. Submit your comments by February 14, 2025. 

The AcSB discussed Subsequent Measurement of Goodwill and Acquired Intangibles, Equity Method, Detailed Review of ASPE, Agriculture and Inventories, its Annual Plan, and more. Read the Decision Summary for full details. 

The Group discussed Accounting for Debt Modifications, Year-end Financial Reporting Reminders, and more. Read the meeting report for full details!

The AcSB discussed Subsequent Measurement of Goodwill and Acquired Intangibles, Contributions, Financial Statement Concepts, Improvements to Presentation and Disclosure of Investments for Pension Plans, and more. Read the Decision Summary for full details.

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, including topics such as the Detailed Review of ASPE, Goodwill and Intangibles, Financial Statement Concepts, and Climate-Related Risks and Opportunities.