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May 14, 2025

Meeting Summary

IFRS® Accounting Standards Discussion Group Meeting Report – May 14, 2025

The Group discussed Financial Reporting Considerations Related to Tariffs, Disclosures about Management-defined Performance Measures under IFRS 18 Presentation and Disclosure in Financial Statements, and more. Read the meeting report for full details!

May 13, 2025

Meeting Summary

AcSB Decision Summary – May 13, 2025

The AcSB discussed the Detailed Review of Accounting Standards for Private Enterprises, Related Party Combinations, and more. Read the decision summary for full details.

April 22, 2025

Meeting Summary

AcSB Decision Summary – April 22, 2025

The AcSB discussed Pension Plans, Due Process, Performance Report, and more. Read the decision summary for full details.

April 3, 2025

Resource, Guidance

What You Need to Know about Effects of Climate-related Risks and Opportunities on ASPE Financial Statements: Awareness Document

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

In this fourth and final installment, we dive into climate-related impacts on agricultural inventories and productive biological assets, disposal of long-lived assets and discontinued operations, leases, and economic dependence.

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


April 1, 2025

News

Appointments, Reappointments, and Retirements – RASOC

RASOC is pleased to announce the appointments and reappointments for the AASB, the AcSB, PSAB, and the Oversight Council. We also wish to thank those retiring for their dedicated service. Read the appointments page for full details.

March 31, 2025

News

AcSB Annual Plan 2025-2026

The AcSB’s Annual Plan describes the Board’s key activities and project milestones set for 2025-2026. Read about our progress on objectives from our 2022-2027 Strategic Plan, including our work to enhance the relevance of financial and non-financial reporting information.

March 18-19, 2025

Meeting Summary

AcSB Decision Summary – March 18-19, 2025

The Accounting Standards Board discussed Relief from Recognition of Intangible Assets and Amortization of Goodwill, Detailed Review of ASPE,  Contributions,  Financial Statement Concepts, and more. Read the decision summary for full details.

March 4, 2025

News

IFRS® Accounting Standards Discussion Group – Request for Issues

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.

February 21, 2025

Meeting Summary, Webpage

Medium and Small Practitioners Advisory Committee Meeting Notes – January 29, 2025

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!

February 11, 2025

Meeting Summary, Webpage

AcSB Decision Summary – February 11, 2025

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.