FRASCanada
April 9, 2024
International Activity
PSAB encourages interested and affected parties to respond to the International Public Sector Accounting Standards Board’s (IPSASB) recently released Exposure Draft 88, Arrangements Conveying Rights over Assets (Amendments to IPSAS 47 and IPSAS 48). Respond directly to IPSASB by May 31, 2024, to ensure Canadian-specific issues and perspectives are considered.
April 8, 2024
Meeting Summary
The Board will discuss the IAASB’s projects on Audit Evidence, Audits of Less Complex Entities, Going Concern, Listed Entity/Public Interest Entity Track-2, IAASB Technology Framework, and Integrated Project. The Board will review a final read, subject to approval, for the AASB’s Annual Report, Due Process, Strategic Plan and Terms of Reference, and discuss issues on the Compilations of Future-Oriented Financial Information. The Board will also review feedback received on the Canadian Exposure Draft on Sustainability Assurance and discuss next steps.
The AASB discussed Going Concern, Listed Entity/Public Interest Entity Track-2, Integrated Project, Technology Position, Audits of Less Complex Entities, Compilations of Future-oriented Financial Information, Sustainability Assurance, and more. Read the decision summary for full details.
April 2, 2024
Meeting Summary, Webpage
The AcSB discussed Financial Instruments with Characteristics of Equity, Climate-related Risks and Opportunities, Subsequent Measurement of Goodwill and Acquired Intangible Assets, Contributions, the Guidance Framework and more. Read the Decision Summary for full details.
April 1, 2024
News
Canada’s reporting and assurance oversight councils are pleased to announce the establishment of the Reporting & Assurance Standards Oversight Council (the Oversight Council), an important step towards enhancing standard-setting efficiency and connectivity in Canada.
March 31, 2024
AcSOC is pleased to announce new members and re-appointed members to the Council, PSAB, and the AcSB. We also wish to thank those retiring for their dedicated service. Read the appointments page for full details.
AcSOC is pleased to announce the appointments and reappointments for the AcSB and PSAB. We also wish to thank those retiring for their dedicated service. Read the appointments page for full details.
AASOC is pleased to announce new members and re-appointed members to the Council and the AASB. We also wish to thank those retiring for their dedicated service. Read the appointments page for full details.
AASOC is pleased to announce new members and reappointed members. We also wish to thank those retiring for their dedicated service. Read the appointments page for full details.