News Listings

How do new or amended IFRS^® Accounting Standards make their way into the CPA Canada Handbook – Accounting? Find out via this overview of the due process activities we completed in support of changes made to Part I of the Handbook in 2025.

The Group discussed the application of Section PS 1202, Financial Statement Presentation, and the International Public Sector Accounting Standards Board’s Exposure Draft 97, IPSAS Practice Statement, Making Materiality Judgements. Read the meeting report for full details. 

Are you a Canadian private enterprise, not-for-profit organization, pension plan, an advisor to one, or a user of their financial statements? Watch this recording to learn about current accounting standards projects and recent amendments in Parts II, III, and IV of the CPA Canada Handbook – Accounting.

The AcSB wants your input on its 2027-2032 Draft Strategic Plan! Our proposed strategies focus on fostering meaningful engagement, delivering high-quality accounting standards, supporting effective implementation and application, and expanding international influence. Share your views and help us shape our strategic direction for the next five years!

The AcSB discussed Financial Statement Concepts, Reporting Controlled and Related Entities, Contributions, and more. Read the decision summary for full details.

This In Brief outlines CSSB’s proposed amendments to CSDS 2: GHG Emissions Disclosures, including what is changing, why, and how to provide feedback on the Exposure Draft. Read now.

Explore guidance on audits of less complex entities (LCEs), with resources developed by AASB staff and informed by the AASB’s Audits of Less Complex Entities Working Group.

Explore guidance on audits of less complex entities (LCEs), with resources developed by AASB staff and informed by the AASB’s Audits of Less Complex Entities Working Group.

The Group discussed IFRS 18 Presentation and Disclosure in Financial Statements: Recent tentative agenda decisions issued by the IFRS Interpretations Committee; entities with specified main business activities; and disclosures about management-defined performance measures. The Group also discussed financial reporting considerations arising from current global economic and geopolitical developments. Read the meeting report for full details!

The Public Sector Accounting Board has issued a new standard, Section PS 3251, Employee Benefits. This standard modernizes and consolidates employee benefits guidance for public sector entities. Read the In Brief for a plain and simple overview of the standard’s purpose, scope, and key changes.