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June 21-23, 2023

Meeting Summary

AcSB Decision Summary – June 21-22, 2023

The AcSB discussed Crypto-asset Activities, Cash Flow Reporting, Related Party Combinations, Revenue, Insurance Contracts with Cash Surrender Value, and more. Read the Decision Summary for full details, including how you can provide feedback on Board initiatives.


June 8, 2023

International Activity, Article

Update – The International Accounting Standards Board (IASB) issues new disclosure requirements for supplier finance arrangements

The IASB issued new disclosure requirements to enhance the transparency of supplier finance arrangements. Read our article to learn about the amendments and the types of transactions that are supplier finance arrangements.

June 1, 2023

News

Advancing through Change – AcSB Annual Report 2022-2023

To better meet stakeholders’ different reporting needs, we advanced our strategic commitment to exploring scaling the standards while maintaining our focus on key international and domestic projects. Read our Annual Report to learn more about our 2022-2023 activities and accomplishments.

June 1, 2023

Resource, Article

2022 Changes to Part I – AcSB Due Process – Endorsement Activities

How do new or amended IFRS® Accounting Standards make their way into the CPA Canada Handbook – Accounting? Find out via this overview of the due process activities we completed in support of changes made to Part I of the Handbook in 2022.


May 25, 2023

Meeting Summary

IFRS® Accounting Standards Discussion Group Meeting Report – May 25, 2023

The Group discussed Accounting for Lending Crypto Assets, Accounting for Earn-in Expenditures Prior to Acquisition of a Mining Interest, Accounting for the Development of Carbon Credits that will Ultimately be Sold, and more. Read the meeting report for full details!


May 24, 2023

Meeting Summary

AcSB Decision Summary – May 24, 2023

The AcSB discussed Sustainability, Domestic Implications of International Tax Reform, Related Party Combinations, Pension Plans, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

May 24, 2023

Webinar, Resource, Video

On-demand Webinar – AcSB Exposure Draft – Contributions – Revenue Recognition and Related Matters

Watch the AcSB’s recorded webinar to learn more about the proposals in our Exposure Draft, “Contributions – Revenue Recognition and Related Matters,” and how they may affect financial reporting by not-for-profit organizations. We also present different ways you can share your feedback throughout our consultation period.

May 17, 2023

Meeting Summary

Not-for-Profit Advisory Committee Notes – May 2, 2023

The Committee discussed Revenue, Reporting Controlled and Related Entities, Insurance Contracts with a Cash Surrender Value, and more. Read the meeting notes for full details.

May 5, 2023

Meeting Summary

AcSB Decision Summary – April 25, 2023

The AcSB discussed Insurance Contracts with a Cash Surrender Value, Pension Plans, the AcSB’s Performance Report and Annual Report, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

May 3, 2023

Meeting Summary, Webpage

Private Enterprise Advisory Committee Notes – May 3, 2023

The Committee held a meeting on May 3, 2023, and discussed Revenue Application Issues, Upfront Non-refundable Fees or Payments, Related Party Combinations, and International Tax Reform. Read the meeting notes for full details!