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This In Brief outlines CSSB’s proposed amendments to CSDS 2: GHG Emissions Disclosures, including what is changing, why, and how to provide feedback on the Exposure Draft. Read now.

Explore guidance on audits of less complex entities (LCEs), with resources developed by AASB staff and informed by the AASB’s Audits of Less Complex Entities Working Group.

Explore guidance on audits of less complex entities (LCEs), with resources developed by AASB staff and informed by the AASB’s Audits of Less Complex Entities Working Group.

The Group discussed IFRS 18 Presentation and Disclosure in Financial Statements: Recent tentative agenda decisions issued by the IFRS Interpretations Committee; entities with specified main business activities; and disclosures about management-defined performance measures. The Group also discussed financial reporting considerations arising from current global economic and geopolitical developments. Read the meeting report for full details!

The Public Sector Accounting Board has issued a new standard, Section PS 3251, Employee Benefits. This standard modernizes and consolidates employee benefits guidance for public sector entities. Read the In Brief for a plain and simple overview of the standard’s purpose, scope, and key changes.

At its March 9–10, 2026, Board meeting, the AASB approved CSSA 5000, General Requirements for Sustainability Assurance Engagements. CSSA 5000 is an overarching standard that sets out requirements and application material for the entire sustainability assurance engagement, for both reasonable and limited assurance, and applies to all types of sustainability information, regardless of how that information is presented. CSSA 5000 is effective for assurance engagements on sustainability information reported for periods beginning on or after December 15, 2027, or as at a specific date on or after December 15, 2027. The standard was issued in the CPA Canada Handbook – Assurance on May 1, 2026.

The Canadian Sustainability Standards Board (CSSB) is seeking feedback on ISSB’s Exposure Draft, “Proposed amendments to the SASB Standards and IFRS S2 Industry-based Guidance.” Your input will help ensure Canadian perspectives are reflected in CSSB’s response to the ISSB. Take the survey by June 19, 2026.

The Canadian Sustainability Standards Board (CSSB) seeks feedback on its Exposure Draft, “Proposed Amendments to CSDS 2: Amendments to Greenhouse Gas (GHG) Emissions Disclosures.” Read the Exposure Draft and submit your comments to help guide Canada’s approach to sustainability disclosures. Share your views by July 20, 2026.

The AcSB discussed performance and annual reports, Guidance Framework topics, Contributions, and more. Read the decision summary for full details.

RASOC is pleased to announce the appointments and reappointments for the AASB, the AcSB, the CSSB, PSAB, and the Oversight Council. We also thank retiring members for their dedicated service. Read the appointments page for full details.