News Listings

The Board discussed its draft response to the IAASB’s Discussion Paper for Audits of Less Complex Entities and key issues related to Compilation Engagements. Read the summary for full details.

AcSB Exposure Draft – Disclosure of Accounting Policies (Proposed amendments to IAS 1 and IFRS Practice Statement 2)

The AcSB has issued its Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. Stakeholders are encouraged to submit their comments by November 29, 2019.

At its upcoming meeting the Board will consider matters regarding IFRS^® Standards, standards for private enterprises, not-for-profit organizations, and due process, among others.

Learn about financial reporting issues affecting First Nations and how public sector accounting standards evolve to address their unique needs. Register now and tune in on October 10, 2019 (English) at 12:30 p.m.

IPSASB released an Exposure Draft proposing minor amendments to IPSAS in order to address issues raised by stakeholders. Canadian stakeholders can send comments to IPSASB until September 30, 2019. Read the exposure draft for full details.

The IASB has issued an Exposure Draft proposing amendments to IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2 Making Materiality Judgements. Canadian stakeholders are encouraged to submit their comments to the IASB by November 29, 2019.

The IASB has issued an Exposure Draft proposing amendments to IAS 12 Income Taxes. Canadian stakeholders are encouraged to submit their comments to the IASB by November 14, 2019.

On July 18, 2019, Linda Mezon, AcSB Chair, moderated a panel discussion on IFRS 17. Watch the video recording and download the slides to learn more about the conversations around the proposed amendments to the standard.

With the theme of Lead.Connect.Innovate., this year's conference agenda promises cutting edge ideas, best practices and thought leadership, along with the regular technical and regulatory updates. Speakers include PSAB’s own Michael Puskaric, Director, and Charles-Antoine St-Jean, Chair, who will provide an update on PSAB’s projects and initiatives. The conference is held on October 28 and 29 in Ottawa. Visit the page for more details or to register.

The Group discussed topics such as timing of applying agenda decisions and determining lease payments under IFRS 16. Read about the views expressed by Group members for helpful tips and to stay up to date on past issues such as accounting for cryptocurrencies.