Want to join a network of financial reporting experts to help shape the future of global accounting standards, and get ahead of the curve on hot topics affecting Canadian entities?
Do you have in-depth knowledge of IFRS® Accounting Standards and their application in Canada? Or do you regularly review or use financial statements prepared in accordance with IFRS Accounting Standards to make decisions?
If so, the AcSB needs you on its IFRS® Accounting Standards Discussion Group!
About the Group
The Group acts in an advisory capacity to assist the AcSB in supporting the application of IFRS Accounting Standards in Canada. This is done by:
- maintaining a public forum at which application issues arising from current or future IFRS Accounting Standards are discussed;
- suggesting issues and topics for the AcSB to raise to the International Accounting Standards Board (IASB) or IFRS Interpretations Committee; and
- advising the AcSB on potential changes to IFRS Accounting Standards (e.g., by providing advice on IASB exposure drafts).
Group members are from across the country and have a variety of backgrounds, including financial statement preparers and users, academics, and auditors of large to small entities.
Several other individuals participate in meetings, including representatives of the Canadian Securities Administrators, Canadian members serving on the IFRS Interpretations Committee and members of the IASB and/or its staff.
What’s in it for you
- Get ahead of the curve – bring your own perspectives on the development of IFRS Accounting Standards and learn about impending changes before they impact your business.
- Be in the know – stay current on emerging issues, such as on implementing IFRS 18 Presentation and Disclosure in Financial Statements.
- Gain new perspectives – broaden your understanding of how IFRS Accounting Standards can impact business decisions.
- Give back to your profession – share your in-depth knowledge and experience to contribute to Canada’s prominent role in setting global accounting standards.
- Be a part of a network – form connections with a network of financial reporting experts from across the country.
For Chartered Professional Accountants (CPAs): Preparing for and attending Group meetings qualifies as Continuing Professional Development (CPD). Contact your provincial CPA body for any questions about CPD hours.
About the role
- An ideal candidate will:
- have significant experience preparing or analyzing financial statements prepared in accordance with IFRS Accounting Standards;
- be aware of the challenges that the application of IFRS Accounting Standards is creating in Canadian financial reporting; and
- be able to identify and share issues arising within their own experience, as well as discuss issues identified by others.
- Appointments will be for a three-year term effective April 1, 2027, with the possibility of renewing for a second term.
- Group members are expected to prepare for and participate in:
- two four-hour meetings per year via video conference; and
- one full-day in-person meeting per year that will take place in Toronto.
- The working language of the Group is English.
- Out-of-pocket expenses, including travel costs, will be reimbursed.
How to apply
The AcSB encourages all qualified candidates to apply online.
To be considered for appointment as a Group member, please submit an expression of interest and a CV outlining:
- your interest in this role; and
- your strengths and capabilities relevant to the role.
We value diversity and are committed to cultivating an inclusive, accessible environment where our volunteer base feels respected, valued and supported and is reflective of the Canadians we serve.
If you require a disability related accommodation to participate in our volunteer recruitment process, please email us at [email protected] and we’ll be happy to work with you to meet your needs as they relate to interviewing for these volunteer positions.