Accounting Standards for Private Enterprises

Overview

Active Projects

Employee Future Benefits – Use of a Funding Valuation

The AcSB is deliberating feedback on its Exposure Draft

Financial Statement Concepts

The AcSB approved the project in March 2019.

Related Party Transactions

Research underway on related party combinations

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


April 1, 2020 News
AcSB 2020–2021 Annual Plan

This Annual Plan sets out the Board’s key activities and project milestones in 2020-2021, helping to achieve the objectives in the last year of its five-year strategic plan. Read the plan for full details.

March 3-4, 2020 Meeting Summary
AcSB Decision Summary – March 3-4, 2020

The Board discussed topics such as IFRS Standards, employee future benefits, related party transaction, standards for pension plans, and its next strategic plan, among others. Read the Decision Summary for full details.

February 20, 2020 News
Volunteer Opportunity – Private Enterprise Advisory Committee

Do you have an in-depth knowledge of accounting standards for private enterprises and their application? Would you like to help improve Canadian accounting standards for private enterprises? If so, the Accounting Standards Board needs you on its Private Enterprise Advisory Committee! Application due date extended to May 8, 2020.