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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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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.

January 21, 2020

News

Withdrawal of Part V from the CPA Canada Handbook – Accounting

As of March 1, 2020, Part V, also known as pre-changeover accounting standards, will be removed from the Handbook. Read more for additional information, and to find out what this means for stakeholders and preparers.

January 15, 2020

International Activity

News Release – Representatives of the Accounting Standards Board of Canada and the Accounting Standards Board of Japan Hold Meeting in Toronto

Representatives of the AcSB and the Accounting Standards Board of Japan (ASBJ) met on January 13, 2020 in Toronto. This meeting was the first bilateral meeting between the AcSB and the ASBJ. Both Boards introduced their respective financial reporting frameworks and activities, and exchanged views on the opportunities for cooperation. 

January 15, 2020

Document for Comment

AcSB Exposure Draft – General Presentation and Disclosures

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 June 30, 2020.

January 7, 2020

News

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

The AcSB is monitoring the IASB’s 2019 comprehensive review of the IFRS for SMEs Standard. As part of the review, the IASB is developing a Request for Information, expected to be issued in the first quarter of 2020.