IFRS® Accounting Standards

AcSB Strategic Plan

Summary

Strategic plans set out the broad strategic objectives that will guide the Accounting Standards Board (AcSB) in achieving its public interest mandate over a multi-year period. The AcSB decides on the strategic objectives after extensive consultation.

The AcSB’s 2022-2027 Strategic Plan is effective until March 31, 2027. The Board is undertaking this project to develop its next strategic plan, which will incorporate input from interested and affected parties.

Staff Contact(s)

Katharine Christopoulos, CPA, CA Director, Accounting Standards Board

+1 416 204 3270

[email protected]

Project Status

Information gathering

Completed
Approving project

The AcSB has developed proposed strategies for 2027-2032
Engaging communities

The AcSB issued its Consultation Paper, “Advancing Accounting Standards Together – 2027-2032 Draft Strategic Plan” in May 2026

The AcSB is conducting public outreach from June to September 2026

Consultation Paper
Deliberating feedback
Final pronouncement

AcSB Consultation Paper – Advancing Accounting Standards Together – 2027-2032 Draft Strategic Plan

Share your views on the AcSB’s proposed five-year strategic plan to help shape its strategic direction.

Take the survey

Virtual Roundtable Discussions – Share your views on the AcSB’s 2027-2032 Draft Strategic Plan

Register for our virtual roundtables on the 2027-2032 Draft Strategic Plan, taking place July 21, 22, and 23, 2026.

News

May 26, 2026

Resource, Webinar

Webinar – Domestic Accounting Standards Update (Spring 2026)

Are you a Canadian private enterprise, not-for-profit organization, pension plan, an advisor to one, or a user of their financial statements? Join this webinar to learn about current accounting standards projects and recent amendments in Parts II, III, and IV of the CPA Canada Handbook – Accounting. Register now for our English webinar on May 26, 2026, or our French webinar on June 4, 2026.

May 21, 2026

Document for Comment

AcSB Consultation Paper – Advancing Accounting Standards Together – 2027-2032 Draft Strategic Plan

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!

Meeting & event summaries

January 22, 2026

AcSB Decision Summary – January 22, 2026

The AcSB discussed the feedback from specific advisory committees on its potential strategies and a revised draft of its next strategic plan.

The AcSB will present its draft strategic plan to the Reporting & Assurance Standards Oversight Council in February 2026. After considering the Council’s input, the Board expects to issue its draft strategic plan for comment in the second quarter of 2026.

October 21, 2025

AcSB Decision Summary – November 12-13, 2025

The AcSB discussed a preliminary draft of its next strategic plan and directed staff to seek input from specific advisory committees on its potential strategies.

The AcSB will consider its advisory committees’ input and continue discussing an updated draft at its January 2026 meeting. The Board expects to issue its draft strategic plan for comment in the second quarter of 2026.

October 20, 2025

AcSB Decision Summary – September 16-17, 2025

The AcSB continued its discussions relating to the development of its next strategic plan. The Board discussed its core strategies, potential revisions to its vision and mission statements, and other aspects of the plan.

The AcSB will review a preliminary draft of its next strategic plan at its November 2025 meeting.

October 19, 2025

AcSB Decision Summary – June 11-12, 2025

The AcSB received education sessions on the following topics:

the Public Sector Accounting Board’s International Strategy;
the IFRS for SMEs Accounting Standard;
the local generally accepted accounting principles (GAAP) of the Financial Reporting Council in the U.K.; and
the IFR4NPO project and the development of the International Non-Profit Accounting Standards.

These sessions were intended to inform the AcSB on the activities of other standard setters and how standards are evolving. No decisions were made.

October 18, 2025

AcSB Decision Summary – January 23, 2025

The AcSB conducted preliminary discussions related to its next Strategic Plan. No decisions were made.

Disclaimer

This project summary has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussions on this project, which may change after further Board deliberations. Decisions to publish Handbook material are final only after a formal voting process.