Skip to main content

AcSOC

News Listings

to

April 1, 2024

News

Canada’s Reporting and Assurance Oversight Councils Announce Transition to Single Oversight Council for Streamlined Standard Setting

Canada’s reporting and assurance oversight councils are pleased to announce the establishment of the Reporting & Assurance Standards Oversight Council (the Oversight Council), an important step towards enhancing standard-setting efficiency and connectivity in Canada.   

March 31, 2024

News

Appointments, Reappointments, and Retirements – AcSOC

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

March 31, 2024

News

Appointments, Reappointments, and Retirements – AcSOC

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

December 19, 2023

News

Canadian Standard Setting Changes Ahead – Independent Review Committee recommendations are moving forward

Next steps are approved, and implementation plans are underway on the recommendations made by the Independent Review Committee on Standard Setting in Canada (IRCSS) in March 2023. Key approvals include setting up an independent legal entity to house standard-setting activities, putting a new funding model in place, and establishing a single oversight council.

August 31, 2023

News

Top 5 FAQs – Independent Review Committee on Standard Setting in Canada Final Report Recommendations

Read these top 5 frequently asked questions as both a reminder and update in advance of coming decisions related to the IRCSS’ Final Report – decisions that will pave the way forward for standard setting in Canada for years to come.

August 3, 2023

News

“Standard setting is a key public interest activity” – A message from our Oversight Council Chairs

Ensuring that standard setting in Canada is adequately resourced and the activities of the AcSB, the AASB, PSAB and the CSSB continue without disruption is of utmost importance, write the Chairs of AASOC and AcSOC, Kevin Nye and Lorraine Moore.


June 5, 2023

News

AcSOC Annual Report 2022-2023 – Grounded in a Sustainable Future

This past year, AcSOC remained flexible to tackle new challenges in the standard-setting space. Together with our partners, we are looking forward to building a sustainable future. Read our Annual Report 2022-2023 to learn more about the work we did, including our oversight of the AcSB and PSAB. 

June 1, 2023

Meeting Summary, Webpage

AcSOC Meeting Minutes – June 1, 2023

The Council met on June 1-2, 2023, to discuss the activities of the AcSB, PSAB, and related matters. Read the full report for more information.

June 1, 2023

Meeting Summary, Webpage

AcSOC Meeting Minutes – June 1, 2023

The Council met on June 1-2, 2023, to discuss the activities of the AcSB, PSAB, and related matters. Read the full report for more information.

March 1, 2023

News

Media Release – Independent review concludes, setting the stage for the future of Canadian accounting, auditing, and sustainability standard setting

The Independent Review Committee on Standard Setting in Canada issued its final recommendations report. The recommendations aim to ensure Canadian accounting and auditing – and now sustainability reporting and assurance – standard setting continues to be independent and internationally recognized. A summary feedback statement will soon be issued, outlining the feedback the committee received during its consultation process.