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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.

 
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.

 
 
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.

News Listings

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July 5, 2019

News

Article – Reviewing PSAB’s Approach to International Public Sector Accounting Standards

PSAB’s second consultation paper on its international strategy is out for comment until September 30, 2019. The paper clarifies and refines the four options originally presented in the first paper. Read the article and have your say on Canada’s public sector accounting international strategy.

June 27, 2019

International Activity

IASB Exposure Draft – Amendments to IFRS 17

The IASB has issued an Exposure Draft proposing amendments to IFRS 17 Insurance Contracts. Canadian stakeholders are encouraged to submit their comments to the IASB by September 25, 2019.

June 25, 2019

Meeting Summary

AASB Decision Summary — June 25, 2019 Conference Call

The Board discussed the draft responses to the IAASB’s Exposure Draft “Quality Management at the Firm and Engagement Level, Including Engagement Quality Reviews.” Read the Summary for full details.

June 25, 2019

News

Join us! AASB Discussion Group – Finalizing the new Compilation Engagements standard

The AASB is currently working on analyzing the feedback received on our Exposure Draft, Compilation Engagements to finalize a new standard. But we need your help to get to the finish line! Join the AASB Discussion Group - Finalizing the new Compilation Engagements standard, where AASB Principal, Svetlana Berger, will be sharing information, asking questions, and moderating discussion to help us get to a final standard that works for you, our stakeholders.

June 20-21, 2019

Meeting Summary

PSAB Decision Summary – June 20-21, 2019

At its recent meeting, the Board discussed, reviewed and made decisions on number of topics, including Conceptual Framework and Reporting Model, Public Private Partnership and 2018-2019 Annual Improvements. Read the summary for full details.

June 19, 2019

News

AASB 2018-2019 Annual Report – Serving the Public Interest by Effectively Responding to Stakeholder Needs

The way we manage our activities and meet challenges is constantly guided by ensuring that we serve the public interest. We do this by effectively responding to the needs of stakeholders. Read about the AASB’s 2018-2019 activities and accomplishments in this year’s Annual Report.

June 18, 2019

Meeting Summary

AcSB Decision Summary – June 18, 2019

The Board discussed topics such as IFRS® Standards, Employee Future Benefits, Combinations, and Contributions, among others.

June 14, 2019

International Activity

IASB Exposure Draft – Reference to the Conceptual Framework (Proposed amendments to IFRS 3)

The IASB has issued an Exposure Draft proposing amendments to IFRS 3 Business Combinations. Canadian stakeholders are encouraged to submit their comments to the IASB by September 27, 2019.

June 13-14, 2019

Meeting Summary

AASOC Public Meeting Report – June 13-14, 2019

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 the Performance Review Committee and the Nominating and Governance Committee. Read the full report for more information.

June 10-11, 2019

Meeting Summary

AASB Decision Summary – June 10 -11, 2019 Meeting

The Board discussed several topics during this two-day meeting including, Identifying and Assessing the Risk of Material Misstatement, Public Sector Auditing Standards, Compilation Engagements, and Quality Management. Read the Decision Summary for full details.