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News Listings


June 9, 2023

Resource, Webinar, News

Webinar - CAS 570, Going Concern

Interested in learning more about the proposed changes to CAS 570 and ISA 570? Attend the joint AASB and CPAB webinar, hosted by CPA Canada, to learn about going concern considerations in the current macroeconomic and geopolitical environments, and the recent Exposure Draft on CAS 570, Going Concern. Register to attend the English webinar on June 14, 2023, and the French webinar on June 21, 2023.

June 8, 2023

International Activity, Article

Update – The International Accounting Standards Board (IASB) issues new disclosure requirements for supplier finance arrangements

The IASB issued new disclosure requirements to enhance the transparency of supplier finance arrangements. Read our article to learn about the amendments and the types of transactions that are supplier finance arrangements.

June 7, 2023

Meeting Summary

AASB Decision Summary – May 25, 2023

The AASB discussed issues related to the project to develop a Canadian Standard on Related Services (CSRS) on compilations of future-oriented financial information that will replace AuG-16, Compilation of a Financial Forecast or Projection and held an education session on Sustainability Assurance. Read the Decision Summary for full details. 

June 5, 2023


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 2, 2023

International Activity, News

IASB issues Request for Information, “Post-implementation Review of IFRS 9 Financial Instruments—Impairment”

The IASB published a Request for Information, “Post-implementation Review of IFRS 9 Financial Instruments—Impairment” on the impairment requirements in IFRS 9 and related disclosure requirements in IFRS 7 Financial Instruments: Disclosures. Respond directly to the IASB with your feedback by September 27, 2023. In addition, stay tuned for more information on our virtual roundtables happening this summer to help inform our Board’s response to the IASB.

June 1, 2023


Advancing through Change – AcSB Annual Report 2022-2023

To better meet stakeholders’ different reporting needs, we advanced our strategic commitment to exploring scaling the standards while maintaining our focus on key international and domestic projects. Read our Annual Report to learn more about our 2022-2023 activities and accomplishments.

June 1, 2023


PSAB Annual Report 2022-2023 – Building the Foundation

Building from the groundwork of our 2022-2027 Strategic Plan, PSAB has continued working to strengthen the foundation of Canadian public sector accounting standards, successfully completing several key strategic initiatives. Read about PSAB’s 2022-2023 activities and accomplishments in this year’s Annual Report.

June 1, 2023

Resource, Article

2022 Changes to Part I – AcSB Due Process – Endorsement Activities

How do new or amended IFRS® Accounting Standards make their way into the CPA Canada Handbook – Accounting? Find out via this overview of the due process activities we completed in support of changes made to Part I of the Handbook in 2022.

May 30, 2023


AASB Responds to the IAASB’s Exposure Draft of ISA 500, Audit Evidence

The Board recently submitted a response letter to the IAASB on the Exposure Draft, ISA 500, Audit Evidence. Read the response letter to learn more.

May 30, 2023

Document for Comment, News

AASB Exposure Draft – Proposed Amendments to CAS 570, Going Concern

Share your views on the AASB’s Exposure Draft, “Proposed Amendments to CAS 570, Going Concern”. Read the full proposed standard and the related conforming and consequential amendments, and respond to the Exposure Draft by July 31, 2023.