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AcSB

Accounting Standards Board

About the AcSB

The Accounting Standards Board (AcSB) is an independent body with the authority to establish accounting standards for use by all Canadian entities outside the public sector. We serve the public interest by establishing standards for financial reporting by all Canadian private sector entities and by contributing to the development of internationally accepted financial reporting standards. 

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Watch Our Video on Scalability

As part of our 2022-2027 Strategic Plan, we committed to exploring scaling the standards for non-listed entities to better meet different reporting needs. Learn more about what Scalability is, how our proposed scalability solutions may affect financial reporting by different types of entities, and why your feedback is so important to us during our consultation period.

Read the transcript from this video.

Meeting & event summaries

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January 23, 2024 AcSB Decision Summary – January 23, 2024

The AcSB discussed Contributions, Subsequent Measurement of Goodwill and Acquired Intangible Assets, Scaling the Standards, the AcSB’s Annual Plan, and more. Read the Decision Summary for full details, including how you can provide feedback on these initiatives.

January 18, 2024 Not-for-Profit Advisory Committee Notes – December 14, 2023

The Committee discussed Contributions, Recognition of intangible assets and amortization of goodwill and more. Read the meeting notes for full details.

December 13, 2023 $name