News Listings

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.

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.

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.

The Council met on February 23, 2023, to discuss the activities of the AcSB, PSAB, and related matters. Read the full report for more information.

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. 

AcSOC is pleased to announce new members and re-appointed members to the Council, PSAB, and the AcSB. We also wish to thank those retiring for their dedicated service. Read the appointments page for full details.

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.

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.

The Council met on June 2-3, 2022, to discuss the activities of the AcSB, PSAB, and related matters. Read the full report for more information.

The Accounting Standards Oversight Council (AcSOC) is pleased to announce that Armand Capisciolto, FCPA, FCA, current interim Accounting Standards Board (AcSB) Chair, will be appointed as permanent Chair effective May 1, 2023.