News Listings

The AcSB discussed IFRS Interpretations Committee’s Tentative Agenda Decisions, Contributions, Revenue, Insurance and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

Long-time Canadian Accounting Standards Board (AcSB) Chair Linda Mezon-Hutter, FCPA, FCA, CPA (MI), CGMA will be joining the International Accounting Standards Board (IASB) as a member in September 2022. Read the media announcement.

The Committee discussed Contributions, Cloud Computing Arrangements, Revenue, and much more. Read the meeting notes for full details.

The PEAC held a meeting on May 10, 2022, and discussed the AcSB’s Exposure Draft on Cloud Computing Arrangements, Accounting for Related Party Combinations research project, a Revenue application issue, and more. Read the meeting notes for full details.

The Board discussed Revenue, Sustainability Reporting, Crypto-Asset Activities, AcSB’s Performance Report, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

In response to the evolving needs of our stakeholders, we made headway on key domestic projects, influenced global discussions, and built a foundation for the future. Read our Annual Report to learn more about our 2021-2022 activities and accomplishments.

Learn how the AcSB developed and approved its 2022-2027 Strategic Plan – including conclusions reached on the significant comments received during our consultation process.

Read our In Brief for an overview of Exposure Draft, Customer’s Accounting for Cloud Computing Arrangements. The proposals aim to simplify the accounting for cloud computing arrangements while ensuring entities can provide relevant information to their users. Share your feedback by attending our virtual roundtable on June 1 or June 7, and by submitting a comment by June 20, 2022. 

The Board discussed Related Party Combinations, Cloud Computing Arrangements, Contributions, Financial Statement Concepts, the AcSB’s Annual Plan, Sustainability Reporting, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

The AcSB has issued its final 2022-2027 Strategic Plan. The Plan is focused on enhancing the relevance of financial information and supporting the improvement of non-financial information reported to stakeholders. Read the Plan to learn more about our strategic objectives for the next five years.