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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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April 1, 2021

News

Just released! AcSB 2021-2022 Annual Plan

This Annual Plan sets out the Board’s key activities and project milestones in 2021-2022, including the IASB’s project on Rate Regulated Activities and domestic projects such as cloud computing, contributions and pension plans. Read the plan for full details.

March 31, 2021

Resource, Webinar

Webinar – Exploring PSAB’s Exposure Draft, “Financial Statement Presentation, Proposed Section PS 1202”

Learn more about key proposals in PSAB’s Exposure Draft “Financial Statement Presentation, Proposed Section PS 1202.” Watch the recorded English or French webinar. Comments on this Consultation Paper are due June 30, 2021.

March 29, 2021

Resource, Webinar

Webinar – Exploring PSAB’s Exposure Draft, “The Conceptual Framework for Financial Reporting in the Public Sector”

Learn more about key proposals in PSAB’s Exposure Draft “The Conceptual Framework for Financial Reporting in the Public Sector.” Watch the recorded English or French webinar. Comments on this Consultation Paper are due June 30, 2021.

March 26, 2021

News

Handbook Update – 2021 Annual Improvements

The AcSB has issued the 2021 annual improvements to accounting standards for private enterprises and accounting standards for not-for-profit organizations. These amendments are effective for fiscal years beginning on or after January 1, 2022 with earlier application permitted.

March 26, 2021

Resource, Other

International Summary Comparison: PSAB’s Proposals for a Revised Reporting Model and IPSASB’s Existing Reporting Model

This international summary comparison document provides an overview of the differences between the two reporting models. This comparison is helpful given PSAB’s decision to adapt IPSAS principles when developing future standards. Please note: The comment deadline for PSAB’s Exposure Draft, “Financial Statement Presentation, Proposed Section PS 1202” is June 30, 2021. 

March 26, 2021

Resource, Other

International Summary Comparison: PSAB’s Proposals for a Revised Conceptual Framework and IPSASB’s Existing Conceptual Framework

This international summary comparison document provides an overview of the differences between the two conceptual frameworks. This comparison is helpful given PSAB’s decision to adapt IPSAS principles when developing future standards. Please note: The comment deadline for PSAB’s Exposure Draft, “Conceptual Framework for Financial Reporting in the Canadian Public Sector” is June 30, 2021.

March 26, 2021

Meeting Summary

PSAB Decision Summary – March 26, 2021

At its recent meeting, the Board discussed the 2022+ Strategic Plan, the PSA Discussion Group, and other matters. Read the Decision Summary for full details.

March 25, 2021

Meeting Summary

PSAB Decision Summary – March 25, 2021

At its recent meeting, the Board discussed the Employee Benefits project and the approval of the related exposure draft. Read the Decision Summary for full details.

March 18, 2021

News

Appointments – AASOC and the AASB

We are pleased to announce new members and re-appointed members, and thank those retiring, to the Council and the AASB. See the appointments page for full details.

March 18, 2021

News

Appointments – AASOC and the AASB

We are pleased to announce new members and re-appointed members, and thank those retiring, to the Council and the AASB. See the appointments page for full details.