Skip to main content

Top Stories




Volunteer Opportunity – IFRS® Accounting Standards Discussion Group

Rows of white chairs with one red chair front and centre

Want to help shape the future of global accounting standards? Join the AcSB’s IFRS® Accounting Standards Discussion Group to connect with financial reporting experts, stay ahead of emerging issues, share your expertise, and help inform standard setting in Canada and beyond. Apply by October 30, 2026.

 
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.

 
 
AASB 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

Don't miss the opportunity to shape Canadian auditing standards. The AASB is seeking feedback on proposed revisions to CAS 330, The Auditor’s Responses to Assessed Risks, CAS 500, Audit Evidence, and CAS 520, Analytical Procedures. This is your opportunity to share your perspective and ensure it is reflected in the final standards. Submit your comments by November 2, 2026.

News Listings

to

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.

November 18, 2016

Meeting Summary

PSA Discussion Group – Report on November 18, 2016 Meeting

Read the report for details about the discussions at the Group’s November 2016 meeting.

August 22, 2016

News

PSAB Matters Article – Staying the Course on Government Transfers

This article discusses our rationale to stay the course on Section PS 3410, Government Transfers.

June 24, 2016

Meeting Summary

PSA Discussion Group – Report on March 3, 2016 Meeting

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

February 3, 2016

Meeting Summary

PSA Discussion Group – Report on October 27, 2015 Meeting

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