AcSOC

Accounting Standards Oversight Council

About AcSOC

The Accounting Standards Oversight Council (AcSOC) is an independent, volunteer body established in 2000 to serve the public interest by overseeing and providing input into the activities of the Accounting Standards Board (AcSB). In 2003, AcSOC started overseeing and providing input into the activities of the Public Sector Accounting Board (PSAB).

Contact AcSOC

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Shape AcSOC's Agenda

Do you have a burning financial reporting issue? If so, we want to hear from you!

Observe an AcSOC meeting

Did you know AcSOC meetings are open to the public? Register as an in-person or livestream observer for a front row seat!

Upcoming meetings & events

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October 17-18, 2019 AcSOC Meeting – October 17-18, 2019 Thursday, October 17, 2019 – 9:00 am to 5:00 pm (ET) Friday, October 18, 2019 – 9:00 am to 12:00 pm (ET) Toronto, Ontario

Attend the upcoming AcSOC meeting in person or virtually via livestream! You can see and hear the meeting discussion in real-time, no matter where you are in the world. The Council will discuss a number of topics, including the Chair’s reports on the many activities of the AcSB and PSAB. Register today!

Meeting & event summaries

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February 21-22, 2019 AcSOC Report on Public Meeting – February 21-22, 2019

At its recent meeting in Toronto, the Council discussed the activities of the AcSB, PSAB, and other related matters. The Council also heard an update on the activities of its Performance Review Committee and its Nominating and Governance Committee. Read the full report for more information.

January 11, 2019 AcSOC Report on Public Meeting – October 25-26, 2018

At its recent meeting the Council discussed topics including, the Framework for Reporting Performance Measures, Non-GAAP and Other Financial Matters, Province of Ontario Rate-regulated Accounting Issue, AcSOC Risk Assessment, and the activities of AcSB and PSAB.

June 7-8, 2018 Report on Public Meeting – June 7-8, 2018

At its recent meeting the Council discussed topics including, AcSOC Risk Assessment, Framework for Reporting Performance Measures, Province of Ontario Accounting Issues, Sustainability Standards Accounting Board, Cryptocurrencies and Blockchain, the activities of AcSB and PSAB, and other related matters.

News

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August 29, 2019 News
Volunteer Opportunity – Public Sector Accounting Board

AcSOC is looking for new PSAB members! Are you interested in driving public sector accounting standard-setting in Canada? Do you want to help in ensuring that these standards are set in the public interest? Then we want to hear from you. Submit your résumé by September 30, 2019 to apply to become a member.

July 22, 2019 News
Volunteer Opportunity – The Accounting Standards Oversight Council Needs You

The Accounting Standards Oversight Council (AcSOC) is looking for new members. If you are interested in working with and debating issues of public interest and financial reporting with other prominent members of the Canadian business, professional, and government community, then submit your résumé by August 30, 2019 to apply to become a member.

May 15, 2019 News
AcSOC 2018-2019 Annual Report – Leading by Example

By listening to our stakeholders, performing a risk assessment review and enhancing the relevance of financial reporting, we are leading by example. Read more about the work we did over the past year and our oversight of the Accounting Standards Board and Public Sector Accounting Board.