FRASCanada
March 26, 2021
Resource, Other
This international summary comparison document provides an overview of the differences between the two reporting models. This comparison is helpful given PSAB’s decision to adapt IPSAS principles when developing future standards. Please note: The comment deadline for PSAB’s Exposure Draft, “Financial Statement Presentation, Proposed Section PS 1202” is June 30, 2021.
This international summary comparison document provides an overview of the differences between the two conceptual frameworks. This comparison is helpful given PSAB’s decision to adapt IPSAS principles when developing future standards. Please note: The comment deadline for PSAB’s Exposure Draft, “Conceptual Framework for Financial Reporting in the Canadian Public Sector” is June 30, 2021.
Meeting Summary
At its recent meeting, the Board discussed the 2022+ Strategic Plan, the PSA Discussion Group, and other matters. Read the Decision Summary for full details.
March 25, 2021
At its recent meeting, the Board discussed the Employee Benefits project and the approval of the related exposure draft. Read the Decision Summary for full details.
March 18, 2021
News
We are pleased to announce new members and re-appointed members, and thank those retiring, to the Council and the AASB. See the appointments page for full details.
March 17, 2021
AASOC is pleased to announce it has approved the appointment of Bob Bosshard, CPA, CA, ICD.D, as the new chair of the AASB. Bob will begin his three-year term as the AASB chair on July 1, 2021. Read more about his background and how it will serve the AASB as it navigates through this pivotal time.
March 15, 2021
Document for Comment
The AcSB has issued its Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. Canadian stakeholders are encouraged to submit their comments by June 30, 2021.
We are pleased to announce new members and re-appointed members, and thank those retiring, to the Council, the AcSB and PSAB. See the appointments page for full details.