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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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March 21-22, 2019

Meeting Summary

PSAB Decision Summary – March 21-22, 2019

At its recent meeting, the Board discussed, reviewed, and made decisions on number of topics, including International Strategy, Government Not-for-Profit Strategy, and liability for contaminated sites. Read the summary for full details on what was discussed.

March 19, 2019

International Activity

IFRS® Foundation Project Summary – Discount Rates in IFRS Standards

IFRS Foundation staff have issued a Project Summary that provides an overview of research considered by the IASB from 2014 to 2017 on Discount Rates in IFRS Standards. Outputs of this project consist of research findings and a summary listing matters that the IASB staff will consider in the future when developing recommendations for the IASB on present value measurement requirements.

March 15, 2019

Resource, Other

One-page Summary – The Framework for Reporting Performance Measures

Read this summary for an overview of the type of guidance in the Framework and to learn why all parities in financial reporting need get involved!

March 12, 2019

International Activity

IAASB Consultation Paper – Extended External Reporting Assurance

The IAASB issued an interim Consultation Paper, including the first part of draft guidance for practitioners applying ISAE 3000 (Revised), Assurance Engagements Other than Audits of Reviews of Historical Financial Information to EER assurance engagements. This interim paper will assist the IAASB to develop guidance that they are working to publish in the second phase of this project. Stakeholders are encouraged to respond to the IAASB by July 21, 2019.

March 12, 2019

International Activity

IAASB Proposals – 2020-2023 Strategy and 2020-2021 Work Plan now out for comment

The IAASB released its Proposed Strategy for 2020-2023 and Work Plan for 2020-2021. The Work Plan highlights the IAASB’s commitment to completing significant projects currently underway, while balancing the needs of all stakeholders. Stakeholders are encouraged to respond to the IAASB by June 4, 2019.

March 12, 2019

News

On-Demand Webinar – AcSB Framework for Reporting Performance Measures

Are you a preparer, director, practitioner, investor or contributor who reports, oversees, assesses or uses performance measures? Watch the webinar to learn how you can help improve the quality of performance measures by leveraging this Framework.

March 12, 2019

News

Quality Management at the Firm and Engagement Level, Including Engagement Quality Reviews

The IAASB issued three Exposure Drafts addressing quality management at the firm and engagement level, including engagement quality reviews, as well as an overall explanatory memorandum, FAQs and draft examples for proposed ISQM 1. Stakeholders are invited to comment by July 1, 2019. Visit the news page for full details.

March 6-7, 2019

Meeting Summary

AcSB Decision Summary – March 6-7, 2019

The Board discussed topics such as Agriculture, Financial Statement Concepts, Employee Future Benefits, Combinations and Financial Instruments – Hedging, among others.

March 4-5, 2019

Meeting Summary

AASB Decision Summary — March 4-5, 2019

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 the AASB’s 2019-2020 Annual Plan. Read the Decision Summary for full details.

February 21-22, 2019

Meeting Summary

AcSOC Public Meeting Report – February 21-22, 2019

At its recent meeting in Toronto, the Council discussed the activities of the AcSB, PSAB, and other related matters. The Council also heard an update on the activities of its Performance Review Committee and its Nominating and Governance Committee. Read the full report for more information.