Accounting Standards for Private Sector Not-for-Profit Organizations

Overview

Active Projects

Combinations – Initial Measurement and Related Disclosures

Continued consultation with the Not-for-Profit Advisory Committee and key stakeholders

Contributions – Revenue Recognition and Related Matters

Public outreach has occurred since June 2013 and is continuing

Consultation with the AcSB’s Not-for-Profit Advisory Committee began in January 2016 and is continuing

CPA Canada Handbook

CPA Canada Handbook – Accounting, Part III contains all the accounting standards for not-for-profit organizations, set by the AcSB. Its available in print and online. 

Follow Part II news

Some NFPOs may need to apply standards found in CPA Canada Handbook – Accounting, Part II. Don't forget to keep up with accounting standards for private enterprises!

News


May 22, 2019 Meeting Summary
Private Enterprise Advisory Committee Notes – May 22, 2019

At its recent meeting, the Committee discussed a number of topics including employee future benefits, amendments to other frameworks, and much more.

May 8, 2019 News
Private Sector NFPOs take note! PSAB’s Government Not-for-Profit Consultation Paper Released

PSAB has issued its Government Not-for-Profit Consultation Paper, open for comment until September 30, 2019. The AcSB encourages our private sector NFPO stakeholders to review this paper and respond as it may be relevant to you.

May 1, 2019 News
Playing a Leadership Role – AcSB 2018-2019 Annual Report

Supporting IFRS® Standards implementation to advance Part II and Part III projects, and to enhance the relevance of financial information for all entities – we played a leadership role to help achieve our goals. Read about the AcSB’s 2018-2019 activities and accomplishments in this year’s Annual Report.