News Listings

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.

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.

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.

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.