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Call for Applications: Standardsco Chair and Board of Directors

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Standardsco, a newly established federal not-for-profit corporation, will be formed in response to the recommendations of the Independent Review Committee on Standard Setting in Canada. The Standardsco Search Committee is currently seeking qualified individuals to join our Inaugural Board of Directors, including the pivotal role of Chair. In partnership with the leadership advisory firm Odgers Berndtson, the Standardsco Search Committee encourages interested candidates to apply promptly.

Roundtable: AASB Exposure Draft on CSRS 4250 – Compilation Engagements

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Join the AASB on November 12 in English and November 14 in French, for an engaging overview of its Exposure Draft on the proposed standard. Discover key concepts, share your feedback directly with the board, and help shape the future of this important project.

 
New Topics: Climate-related matters and ASPE Financial Statements

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The AcSB's latest installment on climate change matters and ASPE financial statements, tackles the topics of property, plant, and equipment (PPE), impairment of long-lived assets, and contingent liabilities. Learn how to navigate these climate-related matters using ASPE.

News Listings

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November 6-12, 2018

Resource, Meeting

Webinar – Domestic Accounting Standards Update (Fall 2024)

Are you a Canadian private enterprise, not-for-profit organization, pension plan, an advisor to one, or a user of their financial statements? Register for our upcoming webinar to learn about current accounting standards projects and recent amendments in Parts II, III, and IV of the CPA Canada Handbook – Accounting. Join us on November 6, 2024 (English) or November 12, 2024 (French). 

October 30, 2024

Document for Comment, International Activity, News

AcSB Exposure Draft – Equity Method of Accounting – IAS 28 Investments in Associates and Joint Ventures (revised 202x)

The AcSB issued its Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. If you would like your feedback considered prior to the AcSB finalizing its comment letter, please respond by January 8, 2025.

October 22, 2024

News, Volunteer Opportunity

Volunteer Opportunity – PSAB’s Cloud Computing Task Force

Join a network of experts and stay ahead of the curve on an important topic in public sector accounting! Apply now for our Cloud Computing Task Force and help develop guidance for cloud computing arrangements in the public sector. Applications are due December 18, 2024.

October 22, 2024

News

Media Release – Canadian Sustainability Standards Board Releases Feedback Statement on Proposed Sustainability Disclosure Standards

The CSSB has released its Feedback Statement summarizing the responses received from its extensive public consultation on Canada’s first-ever sustainability disclosure standards. CSDS 1 and CSDS 2 are now set for release in December 2024.

October 21, 2024

Resource

Feedback Statement – Criteria for Modification, CSDS 1 and CSDS 2

The Canadian Sustainability Standards Board (CSSB) is pleased to announce the release of its Feedback Statement summarizing the responses received from its extensive public consultation on Canada’s first-ever sustainability disclosure standards. Read about who responded and what they said. Stay tuned for a separate report based on Indigenous participation and feedback related to Indigenous matters.

October 17, 2024

Resource, In Brief

In Brief – A plain and simple overview of PSAB’s Re-exposure Draft, “Employee Benefits, Proposed Section PS 3251”

PSAB has issued the Re-exposure Draft, “Employee Benefits, Proposed Section PS 3251.” This Re-exposure Draft focuses on amendments to previously exposed discount rate principles for defined benefit plans. Read our In Brief to learn more about the proposals and how you can provide your input.

October 16, 2024

Meeting Summary

AcSB Decision Summary – October 16, 2024

The AcSB discussed the Equity Method, Related Party Combinations, Climate-related and Other Uncertainties in Financial Statements, the Annual Plan, and more. Read the Decision Summary for full details.

October 10, 2024

Resource

What You Need to Know about Proposed Canadian Standard on Related Services (CSRS) 4250, Compilation Engagements on Future-oriented Financial Information and Pro Forma

Short on time but want to know how this change impacts you as a practitioner, a user of FOFI or pro forma, management, or a staff member charged with governance? Read our educational guide for more details! 

October 8, 2024

Meeting Summary

Private Enterprise Advisory Committee Notes – October 8, 2024

The Committee held a meeting on October 8, 2024, and discussed Financial Statement Concepts, Related Party Combinations, ASPE Climate Awareness, and more. Read the meeting notes for full details!

October 3, 2024

News

IFRS® Accounting Standards Discussion Group – Request for Issues

The IFRS Accounting Standards Discussion Group wants to hear about the challenges you face when applying IFRS Accounting Standards. Submit your issue by October 11, 2024, for consideration as a discussion topic at our December 3, 2024, meeting.