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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 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 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 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 – September 28, 2021

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

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.

April 29, 2022

News

AcSB 2022-2027 Strategic Plan Feedback Statement

Learn how the AcSB developed and approved its 2022-2027 Strategic Plan – including conclusions reached on the significant comments received during our consultation process.

April 26, 2022

News

Update: AASB approves revised CAS 600, Special Considerations - Audits of Group Financial Statements

At the March 7-8, 2022, Board meeting, the AASB approved CAS 600, Special Considerations – Audits of Group Financial Statements (Including the Work of Component Auditors), subject to the PIOB’s due process approval. The PIOB has now confirmed due process for ISA 600 (revised) and the IAASB has released ISA 600 (revised). CAS 600 will become effective for audits of group financial statements for periods beginning on or after December 15, 2023. CAS 600 is anticipated to be issued in the Handbook in August 2022.