News Listings

This past year saw continued global challenges with impacts on standard-setting in Canada. Both AASOC and the AASB strived to remain agile and efficient in the changing landscape. Read our 2021-2022 Annual Report to learn more about the work we did, including our oversight of the AASB.

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 Board discussed issues related to the IAASB’s proposed International Standard on Auditing (ISA) 500, Audit Evidence. It also reviewed the first draft of the Exposure Draft on Joint Policy Statement with Auditors and Actuaries and discussed other issues.

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.

The Council met on December 16-17, 2021 to discuss the activities of the AASB and related matters. Read the full report for more information.

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.

The Council met on June 28-29, 2021, to discuss the activities of the AASB and related matters. Read the full report for more information.