News Listings

On March 26, 2026, the International Sustainability Standards Board (ISSB) issued the Exposure Draft, “Proposed amendments to the SASB Standards and IFRS S2 Industry-based Guidance.” The CSSB invites Canadian feedback on the proposed amendments to inform our response to the ISSB. Learn how to share your views with the CSSB by June 19, 2026. 

On March 26, 2026, the International Sustainability Standards Board issued the Exposure Draft, “Proposed amendments to the SASB Standards and IFRS S2 Industry-based Guidance.” The Canadian Sustainability Standards Board invites First Nations, Métis, and Inuit Peoples to provide feedback on the proposed amendments, including the Indigenous Rights and Community Relations disclosure metric, to inform our response to the ISSB. Learn how to share your views by June 19, 2026.

Did you know that the AcSB created a transition resource group to support the implementation of IFRS 20 Regulatory Assets and Regulatory Liabilities in Canada? We want to hear from you! If you are facing challenges, submit your issue for consideration. The Group discusses Canadian implementation issues that meet its agenda criteria. 

Join the AcSB for a virtual roundtable discussion on the AcSB’s Consultation Paper, “Advancing Accounting Standards Together – 2027-2032 Draft Strategic Plan.” English sessions will take place July 21 and July 23, 2026. The French session will take place on July 22, 2026. Don’t miss your chance to share your feedback with us. Register now to save your spot!

What challenges and opportunities lie ahead for financial reporting? In two panel discussions hosted by the AcSB on June 3, 2026, standard setters, regulators, preparers, and users shared perspectives on implementing IFRS 18 Presentation and Disclosure in Financial Statements and the evolving future of corporate reporting. Key themes included improving comparability, the role of management-defined performance measures, technology's impact on reporting, and the importance of balancing innovation with stability. Read our article for key takeaways and access the on-demand recordings and transcripts for full details on the sessions.

The AcSB discussed Detailed Review of Accounting Standards for Public Enterprises, Guidance Framework, Package of Minor Amendments, and Derecognition of Financial Liabilities. Read the decision summary for full details.

RASOC is pleased to announce appointments for the AASB, and PSAB. Read the appointments page for full details.

The IFRS Accounting Standards Discussion Group wants to hear about the challenges you face when applying IFRS Accounting Standards. Submit your issue by July 17, 2026, for consideration as a discussion topic at our September 17, 2026, meeting.

The Board approved CSRS 4250, Compilation Engagements on Future-oriented Financial Information and Pro Forma, at its March 9–10, 2026, meeting. The new standard replaces AuG-16, Compilation of a Financial Forecast or Projection, and is effective for compilation engagement reports dated on or after July 1, 2028. It was issued in the CPA Canada Handbook – Assurance on June 19, 2026. Read more about the project.

The Public Sector Accounting Discussion Group wants to hear about emerging issues or CPA Canada Public Sector Accounting (PSA) Handbook application issues encountered when applying Public Sector Accounting Standards. Submit an issue for consideration by August 7, 2026.