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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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December 15, 2020

News

Comment Deadline Extended – AcSB Consultation Paper, Contributions – Revenue Recognition and Related Maters

The AcSB has extended the deadline to submit a comment letter from December 15, 2020 to December 31, 2020 for the Consultation Paper, Contributions – Revenue Recognition and Related Matters.

December 14, 2020

International Activity

IASB Discussion Paper – Business Combinations under Common Control

How do you account for business combinations under common control? The IASB recently issued its Discussion Paper - Business Combinations under Common Control. It includes proposals that aim to reduce the diversity in practice and improve the transparency and comparability of the reporting on such combinations. Have your say by responding to the IASB directly by September 1, 2021 You can also share your feedback with the AcSB by connecting with the AcSB staff on this project. We will consider your comments prior to finalizing our comment letter.

December 14, 2020

Meeting Summary

AASOC Public Meeting Report – September 30, 2020

The Council met on September 30, 2020 to receive an update on the Board’s activities. Read the full report for more information.

December 14, 2020

Meeting Summary

AASB Decision Summary – December 14, 2020

The Board reviewed draft response letters to the IAASB Discussion Paper on Fraud and Going Concern and the IFRS Foundation Trustees Consultation Paper on Sustainability Reporting. The Board also discussed the recommendations in the Monitoring Group publication Recommendations to Strengthen the International Audit and Ethics Standard Setting System.

December 11, 2020

Meeting Summary

AASOC Public Meeting Report – June 22-23, 2020

The Council met on June 22-23, 2020 to receive an update on the Board’s draft Strategic Plan as well as the Board’s 2019-2020 Performance Report. Read the full report for more information.

December 11, 2020

Meeting Summary

PSAB Decision Summary – December 11, 2020

At its recent meeting, the Board discussed the International Strategy project and PSAB’s response to the Consultation Paper on Sustainability Reporting by the Trustees of the IFRS Foundation. Read the Decision Summary for full details.

December 10, 2020

Meeting Summary

PSAB Decision Summary – December 10, 2020

At its recent meeting, the Board discussed the Employment Benefits project, the 2021-2022 Annual Plan and Risk Assessment, and the Interim Performance Report. Read the Decision Summary for full details.

December 9, 2020

Document for Comment

AcSB Exposure Draft – Lease Liability in a Sale and Leaseback

The AcSB has issued its Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. Stakeholders are encouraged to submit their comments by March 29, 2021.

December 9, 2020

Meeting Summary, Webpage

PSAB Decision Summary – December 9, 2020

At its recent meeting, the Board discussed Public Private Partnerships and Financial Instruments. Read the Decision Summary for full details.

December 9, 2020

Meeting Summary

AcSB Decision Summary – December 2, 2020

The Board discussed Goodwill and Impairment, and Sustainability Reporting. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives