Skip to main content

Top Stories



AASB Virtual Roundtable – Exposure Draft, “Proposed Revisions to the Canadian Auditing Standards for Audit Evidence and Risk Response”

Close up of people wearing suits stacking wooden blocks on a tabletop

Are the proposed changes practical and effective? Join an upcoming AASB roundtable to discuss the Exposure Draft, Proposed Revisions to the Canadian Auditing Standards (CASs) for Audit Evidence and Risk Response. Your feedback on the proposed changes to CAS 330, CAS 500, and CAS 520 will help inform standards that work for Canadians. Register for the English session on October 7, 2026, or the French session on October 13, 2026.

Register now

 
AcSB Virtual Roundtable – Consultation Paper, “Improvements to Section 4450, Reporting Controlled and Related Entities by Not-for-Profit Organizations”

A hand traces a glowing digital pathway beside a search icon, symbolizing quick access to key information

How should not-for-profit organizations report their relationships with controlled and related entities? Join the AcSB for a virtual roundtable discussion on its Consultation Paper, Improvements to Section 4450, Reporting Controlled and Related Entities by Not-for-Profit Organizations. Gain insight into the proposed changes, discuss potential impacts on not-for-profit organizations, and share your perspective directly with the Board. Participate in the French session on October 28, 2026, or the English session on October 29, 2026.

Respond now

 
 
 
 
PSAB Survey: 2027-2032 Draft Strategic Plan

Chess pieces inside different sized circles on a table

The future of public sector financial reporting starts with your input. Review PSAB's Draft Strategic Plan and share your views on proposed strategies to advance high-quality accounting standards, strengthen relationships with interested and affected parties and standard setters, and support forward-looking reporting. Complete our survey by October 15, 2026.

Respond now

News Listings

to

July 19, 2017

News

IFRS Discussion Group – Report on May 30, 2017 Meeting

Read the report for details about the Group’s discussions.

June 26, 2017

International Activity

IASB Exposure Draft – Property, Plant and Equipment—Proceeds before Intended Use (Proposed amendments to IAS 16)

The IASB has issued an Exposure Draft proposing amendments to IAS 16 Property, Plant and Equipment. Canadian stakeholders are encouraged to submit their comments to the IASB by October 19, 2017.

May 23, 2017

International Activity

Final Standard – Insurance Contracts

The IASB has issued IFRS 17 Insurance Contracts, which replaces interim standard IFRS 4 and applies to all types of insurance contracts. IFRS 17 is effective for annual periods beginning on or after January 1, 2021 with earlier application permitted for companies that also apply IFRS 9 and IFRS 15.

May 19, 2017

News

AASB Operating Plan – 2017-2018

The Operating Plan sets out the AASB’s objectives and planned activities along with other initiatives to be undertaken in 2017-2018.

May 1, 2017

International Activity

IAASB Exposure Draft – Auditing Accounting Estimates and Related Disclosures (Proposed amendments to ISA 540)

The International Auditing and Assurance Standards Board (IAASB) has issued an Exposure Draft on ISA 540 (Revised). Significant changes in how auditors evaluate accounting estimates and related disclosures have been proposed. Stakeholders are invited to provide comments by August 1, 2017.

March 15, 2017

Meeting Summary

PSA Discussion Group – Report on March 15, 2017 Meeting

Read the report for details about the discussions at the Group’s most recent meeting.

February 21, 2017

News

IFRS Discussion Group – Report on November 29, 2016 Meeting

Read the report for details about the Group’s discussions. Listen to the audio recordings to hear the Group’s full discussion.

January 13, 2017

International Activity

Canadian Member Appointed – International Accounting Standards Board

Professor Tom Scott has been appointed as a member of the IASB with an initial five-year term commencing in April 2017. He most recently acted as Director and a Professor of Accounting at the School of Accounting and Finance, University of Waterloo. Tom was an AcSB member from 2003 to 2011.

January 13, 2017

International Activity

Canadian Member Appointed – International Accounting Standards Board

Professor Tom Scott has been appointed as a member of the IASB with an initial five-year term commencing in April 2017. He most recently acted as Director and a Professor of Accounting at the School of Accounting and Finance, University of Waterloo. Tom was an AcSB member from 2003 to 2011.

January 13, 2017

International Activity

Canadian Member Appointed – International Accounting Standards Board

Professor Tom Scott has been appointed as a member of the IASB with an initial five-year term commencing in April 2017. He most recently acted as Director and a Professor of Accounting at the School of Accounting and Finance, University of Waterloo. Tom was an AcSB member from 2003 to 2011.