FRASCanada
January 7, 2025
Document for Comment
The Canadian Sustainability Standards Board (CSSB) is inviting feedback on its 2025-2028 Proposed Strategic Plan, outlining priorities for advancing sustainability disclosure standards in Canada. These priorities will inform the Board’s work plans over the coming years. Review our plan.
December 18, 2024
News
The Canadian Sustainability Standards Board (CSSB) finalized CSDS 1 and CSDS 2, plus its Criteria for Modification Framework. Learn more and access resources to support your reporting.
The Canadian Sustainability Standards Board (CSSB) has launched its first Canadian Sustainability Disclosure Standards (CSDSs). The release of these standards marks a significant milestone in sustainability disclosure, enabling Canadian organizations to align with a global reporting baseline.
December 17, 2024
Volunteer Opportunity, News
Help the AASB address issues and challenges related to modernizing several International Standards on Auditing (ISAs). We want to revise these standards to reflect how advancements in technology are affecting auditors’ work. Our new Audit Evidence and Risk Response Advisory Group will explore ISA 330, The Auditor's Responses to Assessed Risks; ISA 500, Audit Evidence; and ISA 520, Analytical Procedures. Don’t miss your chance to be a part of this exciting work! Apply by January 31, 2025.
December 16, 2024
The AcSB wants your feedback on its proposed amendments to Section 3840, Related Party Transactions. These proposed narrow-scope amendments address accounting for a combination between enterprises or businesses under common control. Submit your comments by February 14, 2025.
Meeting Summary, Webpage
The Not-for-Profit Advisory Committee discussed Contributions, Financial Statement Concepts, and the AcSB’s 2025-2026 Annual Plan.
December 12, 2024
Meeting Summary
The AcSB discussed Subsequent Measurement of Goodwill and Acquired Intangibles, Equity Method, Detailed Review of ASPE, Agriculture and Inventories, its Annual Plan, and more. Read the Decision Summary for full details.
December 11-12, 2024
PSAB discussed the Indigenous Advisory Group, Annual Improvements, Government Not-for-Profit projects, the 2024-2025 Performance Report and 2025-2026 Annual Plan, Public Sector Accounting Discussion Group, Statement of Recommended Practice 1, Financial Statement Discussion & Analysis, and the Intangible Assets Project and more. Read the Decision Summary for full details.
December 9 - January 15, 2025
Meeting, News
Join the AcSB for a virtual roundtable discussion (in English) to learn about the IASB’s Exposure Draft, “Provisions – Targeted Improvements.” Don’t miss this chance to share your feedback directly with us to help inform our response to the IASB. Register now to save your spot!
December 3, 2024
Watch the video recording of our Group’s December meeting. Agenda topics included IFRS 9 Financial Instruments, focusing on accounting for debt modifications amid falling interest rates, along with various year-end financial reporting reminders. Don’t miss out on the latest IFRS news! Watch our meeting for a limited time, on demand.