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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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May 18, 2022

Meeting Summary

AASB Decision Summary – May 5, 2022

The Board discussed issues related to the IAASB’s proposed International Standard on Auditing (ISA) 500, Audit Evidence. It also reviewed the first draft of the Exposure Draft on Joint Policy Statement with Auditors and Actuaries and discussed other issues.

May 17, 2022

International Activity

IPSASB Consultation Paper – Natural Resources

PSAB encourages stakeholders to respond to the International Public Sector Accounting Standards Board’s (IPSASB) recently released Consultation Paper, Natural Resources. 

Respond directly to IPSASB by October 17, 2022, to ensure Canadian-specific issues and perspectives are considered related to developing guidance on the recognition, measurement, presentation, and disclosure of natural resources in the public sector. 

Stay tuned for PSAB’s roundtable discussions on this topic, which will bring Canadians together to help inform the Board’s own response to IPSASB.

May 17, 2022

International Activity

IPSASB Consultation Paper – Advancing Public Sector Sustainability Reporting

PSAB encourages stakeholders to respond to the International Public Sector Accounting Standards Board’s (IPSASB) recently released Consultation Paper, Advancing Public Sector Sustainability Reporting. 

Respond directly to IPSASB by September 9, 2022, to ensure Canadian-specific issues and perspectives related to public sector sustainability reporting are considered. 

May 11, 2022

Document for Comment

ISSB Exposure Draft – IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information

The ISSB is consulting on its General Requirements Exposure Draft. We encourage Canadians to share their views on this Exposure Draft directly with the ISSB – and stay tuned for Canadian-specific opportunities to discuss these proposals.

May 11, 2022

Document for Comment

ISSB Exposure Draft – IFRS S2 Climate-related Disclosures

The ISSB is consulting on its Climate-related Disclosures Exposure Draft. We encourage Canadians to share their views on this Exposure Draft directly with the ISSB – and stay tuned for Canadian-specific opportunities to discuss these proposals.

May 10, 2022

Meeting Summary

AcSB Decision Summary – April 26, 2022

The Board discussed Revenue, Sustainability Reporting, Crypto-Asset Activities, AcSB’s Performance Report, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

May 5, 2022

Meeting Summary

AASOC Meeting Minutes – December 16-17, 2021

The Council met on December 16-17, 2021 to discuss the activities of the AASB and related matters. Read the full report for more information.

May 5, 2022

Resource, Other

Basis for Conclusions – Government Not-for-Profit Strategy

PSAB has released its Basis for Conclusions for its Government Not-for-Profit (GNFP) Strategy Decision, which provides an overview of key feedback from stakeholders and how PSAB responded. 

May 4, 2022

News

Readying for the New Future – AcSB Annual Report 2021-2022

In response to the evolving needs of our stakeholders, we made headway on key domestic projects, influenced global discussions, and built a foundation for the future. Read our Annual Report to learn more about our 2021-2022 activities and accomplishments.

May 4, 2022

Meeting Summary

AASOC Meeting Minutes – June 28-29, 2021

The Council met on June 28-29, 2021, to discuss the activities of the AASB and related matters. Read the full report for more information.