About the Committee
This Group will help the AcSB improve the relevance of accounting standards by:
- providing a better understanding of the challenges of applying accounting standards to small and medium-sized entities.
- establishing whether the current suite of standards is meeting the needs of its stakeholders across Canada.
In addition, the Group will provide feedback on the Board’s strategic work related to the preface of the CPA Canada Handbook. The AcSB is seeking members that reflect the broad diversity of practitioners and firms in Canada.
Ideal candidates to join the Group will:
- have a working knowledge of Canadian accounting standards for private enterprises or Canadian accounting standards for not-for-profit organizations, and their application;
- have knowledge and experience in preparing, interpreting and/or auditing financial statements of organizations across a broad range of industries; and
- be aware of the challenges and complexity that application of the standards may create in Canadian financial reporting for entities of various sizes.
What’s in it for you
- Shape the standards – share your real-world expertise and help influence accounting standard setting in Canada.
- Be in the know – learn about impending changes or emerging issues in financial reporting before they impact your organization or clients.
- Gain new perspectives – learn from other experts and broaden your understanding of the application of accounting standards.
- Give back to your profession – bring your own perspectives and contribute to the improvement of financial reporting in Canada.
- Be part of a network – form connections with Committee members representing a range of experiences and locations across the country.
For Chartered Professional Accountants (CPAs): Preparing for and attending meetings would qualify as Continuing Professional Development (CPD). Contact your provincial CPA body for any questions about CPD hours.
About the role
- The Small Practitioners Working Group is expected to convene starting April 1, 2023, and has its first formal meeting in May 2023.
- There will be approximately two to four video conference meetings per year, each approximately two hours in length. Consideration will be given to practitioners’ busy seasons when scheduling meetings.
- Members are expected to prepare and participate in all meetings.
- Out-of-pocket expenses if any will be reimbursed.
- The working language of the Committee is English.
We are specifically seeking applicants from small and medium-sized accounting firms that prepare, review or audit financial statements prepared in accordance with Canadian accounting standards for private enterprises and Canadian accounting standards for not-for-profit organizations. Sole practitioners with experience across a broad range of industries are encouraged to apply.
We value diversity and are committed to cultivating an inclusive, accessible environment where our volunteer base feels respected, valued and supported and is reflective of the Canadians we serve. If you require a disability related accommodation to participate in our volunteer recruitment process, please email us at [email protected] and we will be happy to work with you to meet your needs as they relate to interviewing for this volunteer position.
The AcSB encourages all qualified candidates to apply online. To be considered for appointment as a Group member, please provide an expression of interest and a CV outlining the following:
- Your interest in this role
- Your strengths and capabilities relevant to the role