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).

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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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June 6-7, 2019 AcSOC Meeting – June 6-7, 2019 June 6, 2019 – 9:00 am to 5:00 pm (MDT) June 7, 2019 – 8:30 am to 12:30 pm (MDT) Edmonton, Alberta

Attend the upcoming AcSOC meeting in person! The Council will discuss a number of topics, including the Chairs’ reports on the many activities of the AcSB and PSAB. Register today!

Meeting & event summaries

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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.

March 1-2, 2018 Report on Public Meeting – March 1-2, 2018

At its recent meeting the Council discussed a number of topics including, Relevance of Audited Financial Statements to Analysts, Public Private Partnerships, AcSOC Risk Assessment, the activities of AcSB and PSAB, as well as other related matters.

News

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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.

March 25, 2019 News
Appointments – AcSOC, AcSB and PSAB

AcSOC is pleased to announce appointments, as well as retirements and reappointments, to the Council, AcSB and PSAB.

February 13, 2019 News
Media Release – AcSB Chair’s Term Extended

AcSOC is pleased to announce the extension of the term of the current AcSB Chair, Linda F. Mezon, FCPA, FCA, CPA (MI), CGMA until June 30, 2023. This is a two-year extension that will ensure continuity at a time of significant activity in accounting standard setting, both globally and in Canada.