FRASCanada
April 3, 2025
Resource, Guidance
The AcSB is exploring the potential impacts of climate change on businesses and financial reporting under Accounting Standards for Private Enterprises (ASPE).
In this fourth and final installment, we dive into climate-related impacts on agricultural inventories and productive biological assets, disposal of long-lived assets and discontinued operations, leases, and economic dependence.
This ongoing series equips organizations with the insights needed to navigate climate-related matters—and financial reporting under ASPE.
April 1, 2025
Resource, Other
The AASB’s 2026-2029 Strategic Plan is built on considering the changing environment and the diverse needs of our interested and affected parties. Our five strategic goals guide us in serving the public interest by setting high-quality standards and supporting their effective application to address the evolving needs of Canadian interested and affected parties. Read more.
News
RASOC is pleased to announce the appointments and reappointments for the AASB, the AcSB, PSAB, and the Oversight Council. We also wish to thank those retiring for their dedicated service. Read the appointments page for full details.
March 31, 2025
PSAB will continue to develop relevant, high-quality public sector accounting standards. We will advance key projects like Intangible Assets and Employee Benefits. As we drive our key strategies forward, obtaining feedback from our advisory groups will remain a priority for our Board. Read more about our next steps and how we will support our initiatives in our 2025-2026 Annual Plan.
The AcSB’s Annual Plan describes the Board’s key activities and project milestones set for 2025-2026. Read about our progress on objectives from our 2022-2027 Strategic Plan, including our work to enhance the relevance of financial and non-financial reporting information.
The CSSB’s 2025-2026 Annual Plan is based on its proposed strategic priorities that focus on advancing Canada’s role in global sustainability disclosure; building collaborative partnerships with First Nations, Metis, and Inuit Peoples; and supporting the implementation of the Canadian Sustainability Disclosure Standards. Read more.
The 2025-2026 Annual Plan marks the first year under the AASB’s 2026-2029 Strategic Plan. Read about our key activities for the year ahead and how the Board will advance its strategic goals.
March 26, 2025
Meeting Summary
On March 26, 2025, the Canadian Sustainability Standards Board met to discuss updates on the 2025-2028 Strategic Plan consultation, the Indigenous Peoples Priority Committee, the Climate-first Guide, and the Board’s response to the IFRS Foundation’s Exposure Draft. For full details, read the decision summary.
March 26-27, 2025
PSAB approved its SORP-1 Narrow Scope Amendment Exposure Draft, Annual Report, Annual Plan, and project proposal for the GNFP Contributions and Financial Statement Presentation Project. The Board also received updates from the Public Sector Discussion Group and the Indigenous Advisory Group. Read our Decision Summary for full details.
March 18-19, 2025
The Accounting Standards Board discussed Relief from Recognition of Intangible Assets and Amortization of Goodwill, Detailed Review of ASPE, Contributions, Financial Statement Concepts, and more. Read the decision summary for full details.