News Listings

PSAB has issued the Exposure Draft, “Narrow-scope Amendment, SORP-1 Consistency Updates.” Our proposed narrow-scope amendments intend to fix any inconsistencies between existing SORP -1 and the new Conceptual Framework and Reporting Model; provide guidance for new Conceptual Framework and Reporting Model concepts and principles; and update SORP-1 terminology to promote consistency and inclusivity in the CPA Canada Public Sector Accounting Handbook. Submit your feedback by July 24, 2025.

The Public Sector Accounting Discussion Group discussed PSAB’s Exposure Draft, “Intangible Assets, Proposed Section PS 3155” and Accounting for Cryptocurrency. Read the meeting report for full details.

Read the project summary for the AcSB's Evaluating the Preface project to learn more about our research findings and why we decided to conclude our work on this project.

The Group discussed Financial Reporting Considerations Related to Tariffs, Disclosures about Management-defined Performance Measures under IFRS 18 Presentation and Disclosure in Financial Statements, and more. Read the meeting report for full details!

The AcSB discussed the Detailed Review of Accounting Standards for Private Enterprises, Related Party Combinations, and more. Read the decision summary for full details.

The Canadian Sustainability Standards Board (CSSB) has issued CSDS 1 and CSDS 2, aligned with the International Sustainability Standards Board (ISSB)'s IFRS S1 and S2. To support Canadian preparers navigate implementation, we’ve gathered key ISSB resources and guidance—all in one place. Read more.

The CSSB responded to the CSA’s April 23, 2025 decision to pause its climate and diversity disclosure projects. While approaches may evolve, the CSSB remains committed to supporting CSDS 1 and CSDS 2 adoption to help Canadian markets meet rising sustainability disclosure expectations.

The Re-exposure Draft proposes an amendment in CSSA 5000 to ensure practitioners in Canada will be better equipped to provide assurance on sustainability reporting in a manner that considers Indigenous rights. Learn more and respond by July 18, 2025.

The AcSB discussed Pension Plans, Due Process, Performance Report, and more. Read the decision summary for full details.

The Canadian Sustainability Standards Board (CSSB) is pleased to announce the appointment of Wendy Berman as its permanent Chair, effective May 5, 2025.