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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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February 27, 2020

Meeting Summary

AcSB Decision Summary – February 18, 2020

The Board discussed topics such as contributions, ASPE implementation, and its next strategic plan, among others.

February 10, 2020

International Activity

IASB Request for Information – 2019 Comprehensive Review of the IFRS for SMEs Standard

The IASB has published a Request for Information to seek views on whether and how to align the IFRS for SMEs Standard with the full IFRS Standards. Stakeholders are encouraged to respond by July 27, 2020.

February 5, 2020

News

Submit an Issue – The Public Sector Accounting Discussion Group wants to hear from you!

The Group’s next meeting will be held in Toronto and accessible via livestream on April 24, 2020. Check out our Submit an Issue page to find out how you can submit issues relating to the application of the PSA Handbook. Submissions due by March 6, 2020. And don’t forget to watch our brief video while you’re there!

February 5, 2020

International Activity

IASB issues Classification of Liabilities as Current or Non-Current (Amendments to IAS 1)

The amendments clarify one of the criteria for classifying a liability as non-current – that is, the right to defer settlement for at least 12 months after the reporting date. The AcSB will incorporate the amendments into the CPA Canada Handbook upon completion of its due process activities.

February 3-4, 2020

Meeting Summary

AASOC Public Meeting Report – February 3-4, 2020

At its public meeting in Toronto, the Council discussed the activities of the AASB and other related matters. The Council also received an update on the activities of its Performance Review Committee, as well as the Independence Standing Committee. Read the full report for more information.

January 31, 2020

News

Video – Public Sector Accounting Discussion Group’s Submit an Issue

Have you ever been puzzled by an accounting issue and you’re looking for insight? You might want to consider submitting an issue to the PSA DG! Watch this short video that walks you through the process to prepare and submit your issue for discussion. 

January 31, 2020

Resource, Guidance

Compilation Engagements – Resources to help you get ready

Learn more about the key features of the new standard on compilation engagements and the resources available to effectively implement this standard and understand the impact of the changes. Go to this page to get the full details.

January 29, 2020

Resource, Guidance

AASB Video – Compilation Engagements: A new standard

The AASB is issuing a new standard on compilation engagements and its impact will be felt by practitioners, entities of compiled financial information and users. Watch this brief video, featuring the Chair of the AASB, to learn all about it.

January 29, 2020

Meeting Summary

AcSB Decision Summary – January 15, 2020

The Board discussed topics such as IFRS® Standards, contributions, pension plans, and its next strategic plan, among others.

January 23-24, 2020

Meeting Summary

AASB Decision Summary – January 23-24, 2020

The Board discussed Agreed-upon Procedures, Quality Management, and its Strategic Plan for 2021-onwards. It also reviewed a second draft of its 2020-2021 Annual Plan. Read the Decision Summary for full details.