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Volunteer Opportunity – IFRS® Accounting Standards Discussion Group

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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.

Apply now

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

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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

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

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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.

Respond now

News Listings

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February 19-20, 2025

Meeting Summary

CSSB Decision summary – February 19-20, 2025

On February 19-20, 2025, the Canadian Sustainability Standards Board met in Montreal to discuss market questions and outreach activities; external environment considerations; the International Sustainability Standards Board’s guidance; the forthcoming Climate-first Guide, and more. For full details, read the decision summary.

February 11, 2025

Meeting Summary, Webpage

AcSB Decision Summary – February 11, 2025

The AcSB discussed Provisions – Targeted Improvements, Relief from Recognition of Intangible Assets and Amortization of Goodwill, the Preface, and more. Read the Decision Summary for full details.

February 5, 2025

Resource, Guidance

What You Need to Know about Effects of Climate-related Risks and Opportunities on ASPE Financial Statements: Awareness Document

The AcSB is exploring the potential impacts of climate change on businesses and financial reporting under Accounting Standards for Private Enterprises (ASPE).

In this third installment, we dive into climate-related factors and its potential impacts on financial instruments, including fair value measurement, as well as consolidation and control.

This ongoing series equips organizations with the insights needed to navigate climate-related matters—and financial reporting under ASPE.

January 23, 2025

Meeting Summary, Webpage

AcSB Decision Summary – January 23, 2025

The AcSB discussed Agriculture, Pension Plans, its Annual and Strategic Plans, and more. Read the Decision Summary for full details.

January 21, 2025

Meeting Summary, Webpage

AASB Decision Summary – January 21, 2025

The Auditing and Assurance Standards Board (AASB) discussed the IAASB’s topic on Listed Entity/Public Interest Entity Track-2, the Compilations of Future-oriented Financial Information, the AASB’s Annual and Strategic Plans, and the Performance Assessment Report. Read the decision summary for more.

January 15-23, 2025

Meeting Summary, Meeting

CSSB Decision summary – January 15, 22-23, 2025

On January 15, 22, and 23, 2025, the CSSB met virtually to discuss its 2025-2026 Annual Plan, 2024-2025 Performance Report, and forthcoming climate-first guide. The Board also explored whether it should introduce an external CSSB Committee, learned about CPA Canada’s approach to developing non-authoritative guidance and opportunities to help the Board’s plans to support the implementation of Canadian Sustainability Disclosure Standards, and agreed to respond to the Exposure Draft, “Proposed Amendments to the IFRS Foundation Due Process Handbook.”

January 14, 2025

Resource, Webinar

On-demand Webinar – Understanding CSDS 1 & CSDS 2: Incorporating Global Sustainability Reporting Standards in the Canadian Context

Watch our on-demand webinar to discover CSDS 1 and 2, Canada’s first sustainability disclosure standards. Learn how we adapt global standards for Canada and get insights into the 2025-2028 Strategic Plan consultation. 

January 7, 2025

Document for Comment

Strategic Plan

The Canadian Sustainability Standards Board (CSSB) is inviting feedback on its 2025-2028 Proposed Strategic Plan, outlining priorities for advancing sustainability disclosure standards in Canada. These priorities will inform the Board’s work plans over the coming years. Review our plan.

December 18, 2024

News

Media Release – Canadian Sustainability Standards Board Releases Landmark Standards to Drive Consistency and Comparability in Sustainability Reporting

The Canadian Sustainability Standards Board (CSSB) has launched its first Canadian Sustainability Disclosure Standards (CSDSs). The release of these standards marks a significant milestone in sustainability disclosure, enabling Canadian organizations to align with a global reporting baseline.

December 18, 2024

News

Canadian Sustainability Disclosure Standards (CSDS 1 and CSDS 2): Now Available

The Canadian Sustainability Standards Board (CSSB) finalized CSDS 1 and CSDS 2, plus its Criteria for Modification Framework. Learn more and access resources to support your reporting.