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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.   

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.

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.

February 9, 2023

Meeting Summary, Webpage

AcSOC Meeting Minutes – February 17-18, 2022

The Council met on February 17-18, 2022, to discuss the activities of the AcSB, PSAB, and related matters. Read the full report for more information.

July 20, 2022

News, Article

Appointment – AcSOC selects interim AcSB Chair

The Council is pleased to announce that current Vice-Chair, Armand Capisciolto, FCPA, FCA, will serve as AcSB’s interim Chair from September 1, 2022 to December 31, 2022. Armand will continue in his role with BDO Canada, LLP, while he serves his interim tenure. The permanent AcSB Chair is expected to be announced by the fall.

August 30, 2021

Meeting Summary

AcSOC Public Meeting Report – February 11-12, 2021

The Council met on February 11-12, 2021 to receive an update on the Boards’ activities. Read the full report for more information. 

June 3, 2021

Meeting Summary

AcSOC Public Meeting Report – October 29-30, 2020

The Council met on October 29-30, 2020 to receive an update on the Boards’ activities. Read the full report for more information.

January 21, 2021

International Activity

Board and Oversight Council responses to IFRS sustainability consultation paper

This article provides highlights from comment letters written by Boards and Councils responding to the IFRS Foundation Trustees Consultation Paper on Sustainability Reporting.

November 6, 2020

News

Media Release – New chair appointed to Canada’s Public Sector Accounting Board

Former assistant auditor general Clyde MacLellan takes helm of the Public Sector Accounting Board, effective November 1, 2020 for a five-year term.