Accounting Standards for Private Enterprises

Overview

Active Projects

Agriculture

The AcSB is deliberating feedback on its Exposure Draft

Consultation on Priorities for Part II

The AcSB set its project priorities in its 2018-2019 Annual Plan

Income Taxes

Exposure Draft issued September 7, 2018

Public outreach is underway

Comment letters are due by December 5, 2018

Investments

Exposure Draft issued September 7, 2018

Public outreach is underway

Comments letters are due by December 5, 2018

Revenue

Developing consultation plan

CPA Canada Handbook

CPA Canada Handbook – Accounting, Part II contains all the accounting standards for private enterprises, set by the AcSB. Its available in print and online.

News


January 18, 2019 News
Webinar – AcSB Framework for Reporting Performance Measures

Are you a preparer, director, practitioner, investor or contributor who reports, oversees, assesses or uses performance measures? Learn how you can help improve the quality of performance measures by leveraging this Framework. Join in on February 27, 2019 (English) or March 1, 2019 (French).

January 15, 2019 Meeting Summary
AcSB Decision Summary – December 12, 2018

The Board discussed a number of topics, including Financial Instruments with Characteristics of Equity, Insurance Contracts, Revenue, Agriculture, Employee Future Benefits, the Board’s 2019-2020 Annual Plan, and the activities of the Not-for-Profit Advisory Committee and Private Enterprises Advisory Committee.

December 14, 2018 Meeting Summary
Private Enterprise Advisory Committee Notes – November 27, 2018

At its recent meeting, the Committee discussed a number of topics including Revenue, Financial Instruments – Hedging, Financial Statement Concepts, Agriculture, Related Party Transactions, Removal of Part V and the proposed compilations standard.