News Listings

Join the AcSB for a virtual roundtable discussion (in English) to learn about the IASB’s Exposure Draft, “Provisions – Targeted Improvements.” Don’t miss this chance to share your feedback directly with us to help inform our response to the IASB. Register now to save your spot!

Watch the video recording of our Group’s December meeting. Agenda topics included IFRS 9 Financial Instruments, focusing on accounting for debt modifications amid falling interest rates, along with various year-end financial reporting reminders. Don’t miss out on the latest IFRS news! Watch our meeting for a limited time, on demand.

The Canadian Sustainability Standards Board (CSSB) is proud to release Indigenous Matters: What We Heard. This document acknowledges Indigenous participation and feedback related to Indigenous matters during the public consultation on Canada’s first sustainability disclosure standards in 2024. It also reinforces the CSSB’s commitment to building new pathways to support integrating Indigenous perspectives into the standard-setting process.

Read our In Brief for more on the key aspects of PSAB’s new Reporting Model in Section PS 1202, Financial Statement Presentation. Learn about changes from Section PS 1201, Financial Statement Presentation, and find out how these amendments will impact users. The new Reporting Model takes effect for fiscal years beginning on or after April 1, 2026. Check out our In Brief and related resources to ensure you’re ready for the transition!

The Private Enterprise Advisory Committee held a meeting on November 13, 2024, and discussed Relief from the Recognition of Intangible Assets and Amortization of Goodwill, Detailed Review of Accounting Standards for Private Enterprises, the Annual Plan, and Agriculture. Read the meeting notes for full details!

Learn about key proposals in PSAB’s recently issued Re-exposure Draft “Employee Benefits, Proposed Section PS 3251”! Join us for a live webinar on November 13, 2024, and find out how we’re responding to your feedback on discount rate amendments. This webinar will be conducted in English with simultaneous translation to French. Register now and stay informed about how upcoming changes could impact you.

The CSSB serves the public interest by establishing high-quality sustainability disclosure standards to ensure clear, consistent, and comparable reporting. The Reporting & Assurance Standards Oversight Council is currently seeking qualified candidates for the position of a new, permanent Chair of the CSSB. In partnership with the leadership advisory firm Odgers Berndtson, we invite interested individuals to apply promptly.  

Are you interested in helping shape accounting standards for private enterprises and/or not-for-profit organizations in Canada? The Accounting Standards Board (AcSB) is looking for new members to join its advisory committees! Apply to be a member of the Private Enterprise Advisory Committee, the Not-for-Profit Advisory Committee, or the Medium and Small Practitioners Advisory Committee (formerly Small Practitioners Working Group) by December 15, 2024.

Are you a Canadian private enterprise, not-for-profit organization, pension plan, an advisor to one, or a user of their financial statements? Register for our upcoming webinar to learn about current accounting standards projects and recent amendments in Parts II, III, and IV of the CPA Canada Handbook – Accounting. Join us on November 6, 2024 (English) or November 12, 2024 (French). 

The AcSB issued its Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. If you would like your feedback considered prior to the AcSB finalizing its comment letter, please respond by January 8, 2025.