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AcSB

Volunteer Opportunity – AcSB Advisory Committees

November 8, 2024 News, Volunteer Opportunity

Would you like to help improve accounting standards for private enterprises and/or accounting standards for not-for-profit organizations in Canada?

Do you have knowledge of accounting standards and their application for private enterprises and/or not-for-profit organizations? Or do you regularly review or use their statements to make decisions?

If so, the Accounting Standards Board (AcSB) needs you on one of its Advisory Committees! We are currently looking for new members for the:

About the Committees

The committees also advise the AcSB on managing accounting standards for private enterprises and not-for-profit organizations. This includes providing input on the timing of changes to standards and the process of communicating those changes to interested and affected parties.

Committee members are from across the country. Private Enterprise Advisory Committee and Not-for-Profit Advisory Committee members include preparers, financial statement users, and accounting practitioners involved with private enterprise and not-for-profit financial reporting. Members of the Medium and Small Practitioners Advisory Committee include practitioners from medium and small accounting firms specializing in private enterprise and/or not-for-profit financial reporting.

The committees aim to reflect the broad diversity of private and not-for-profit enterprises in Canada. Members are expected to:

  • have knowledge of accounting standards for private enterprises or accounting standards for not-for-profit organizations and their application; or
  • regularly review and use private enterprise or not-for-profit financial statements to support decision-making.

What’s in it for you

  • Shape the standards – help shape accounting standards by sharing your real-world expertise.
  • 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 for private enterprises and not-for-profit organizations 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 committee meetings would qualify as Continuing Professional Development (CPD). Contact your provincial CPA body for any questions about CPD hours.

About the role

The AcSB is recruiting members to start effective April 1, 2025, for a three-year term.

There will be approximately three to four video conference meetings per year, each two to four hours in length.

There will be at least one full-day, in-person meeting per year that will take place in Toronto.

Members are expected to prepare for and participate in all meetings.Out-of-pocket expenses, including travel costs, will be reimbursed.

We value diversity and are committed to cultivating an inclusive, accessible environment where our volunteer base feels respected, valued, and supported and reflects the Canadians we serve.

The AcSB encourages all qualified candidates to apply online. If you require a disability-related accommodation to participate in our volunteer recruitment process, please email us at [email protected] and we’ll be happy to work with you to meet your needs as they relate to interviewing for these volunteer positions. The AcSB encourages all qualified candidates to apply online.

Please specify in your application which committee(s) you are interested in joining. While you are welcome to express interest in multiple committees, successful candidates will be selected to serve on one committee only. This approach ensures that the committees provide the AcSB with a diverse range of perspectives on key issues. 

Staff Contact(s)

Eric English, CPA, CA Principal, Accounting Standards

Apply today!

Applications are due: December 15, 2024