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

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Are the proposed changes practical and effective? Join an upcoming AASB roundtable to discuss the Exposure Draft, Proposed Revisions to the Canadian Auditing Standards (CASs) for Audit Evidence and Risk Response. Your feedback on the proposed changes to CAS 330, CAS 500, and CAS 520 will help inform standards that work for Canadians. Register for the English session on October 7, 2026, or the French session on October 13, 2026.

Register 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

 
 
 
 
PSAB Survey: 2027-2032 Draft Strategic Plan

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The future of public sector financial reporting starts with your input. Review PSAB's Draft Strategic Plan and share your views on proposed strategies to advance high-quality accounting standards, strengthen relationships with interested and affected parties and standard setters, and support forward-looking reporting. Complete our survey by October 15, 2026.

Respond now

News Listings

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April 13, 2022

Meeting Summary

AcSB Decision Summary – March 23-24, 2022

The Board discussed Related Party Combinations, Cloud Computing Arrangements, Contributions, Financial Statement Concepts, the AcSB’s Annual Plan, Sustainability Reporting, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

April 12, 2022

Meeting Summary

AASB Decision Summary – March 7-8, 2022

The AASB approved Quality Management – Conforming Amendments and CAS 600, Special Considerations – Audits of Group Financial Statements (including the work of Component Auditors) and the related conforming amendments. The Board also provided IAASB members with input from Canada on issues related to Audit Evidence, Fraud, Going Concern, and Listed Entity and Public Interest Entity. The Board approved its 2022-2023 Annual Plan and its 2021-2022 Performance Assessment. Read the summary for more details!

March 31, 2022

News

Accounting Standards in Canada – Enhancing Relevance – AcSB 2022-2027 Strategic Plan

The AcSB has issued its final 2022-2027 Strategic Plan. The Plan is focused on enhancing the relevance of financial information and supporting the improvement of non-financial information reported to stakeholders. Read the Plan to learn more about our strategic objectives for the next five years.

March 29, 2022

News

Appointments, Reappointments, and Retirements – AASOC

AASOC is pleased to announce new members, re-appointed members, and thank those who are retiring. Read the appointments page for full details.

March 29, 2022

News

Appointments, Reappointments, and Retirements – AASOC

AASOC is pleased to announce new members, re-appointed members, and thank those who are retiring. Read the appointments page for full details.

March 29, 2022

News

Appointments, Reappointments, and Retirements – AcSOC

AcSOC is pleased to announce new members and re-appointed members to the Council, PSAB and the AcSB. As well, we wish to thank those retiring for their dedicated service. Read the appointments page for full details.

March 29, 2022

News

Appointments, Reappointments, and Retirements – AcSOC

AcSOC is pleased to announce new members and re-appointed members to the Council, PSAB and the AcSB. As well, we wish to thank those retiring for their dedicated service. Read the appointments page for full details.

March 17, 2022

Document for Comment

AcSB Exposure Draft – Customer’s Accounting for Cloud Computing Arrangements

Share your views on the proposed Accounting Guideline applicable to private enterprises and not-for-profit organizations. The proposals take a pragmatic approach by providing accounting policy choices to address a range of stakeholders’ concerns when accounting for cloud computing arrangements. They also clarify the application of existing Sections. Submit your comments by June 20, 2022. 

March 17, 2022

News

Making sense of it all – Sustainability reporting standards

Watch our easy-to-understand video on the global and local initiatives happening in sustainability reporting standards – including the Independent Review Committee on Standard Setting in Canada’s initiative and recommendation to establish a Canadian sustainability standards board – and what this means for Canada.  

March 8, 2022

Meeting Summary

AcSB Decision Summary – February 23, 2022

The Board discussed Non-current Liabilities with Covenants, Related Party Combinations, Cloud Computing Arrangements, Pension Plans, Independent Standard Setting Review, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.