News Listings

Watch our easy-to-understand video on the global and local initiatives happening in sustainability reporting standards – including the Independent Review Committee on Standard Setting in Canada’s initiative and recommendation to establish a Canadian sustainability standards board – and what this means for Canada.  

The Board discussed Non-current Liabilities with Covenants, Related Party Combinations, Cloud Computing Arrangements, Pension Plans, Independent Standard Setting Review, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

The Committee discussed Strategic Research, Reporting Controlled and Related Entities, the AcSB’s 2022-2023 Annual Plan, and much more. Read the meeting notes for full details.

As we enter a busy time of year for our stakeholders, we want to highlight the importance of consultations being led by the Independent Review Committee on Standard Setting (IRCSS) in Canada. Read the joint statement from our Board Chairs to find out how you can contribute to the future of standard setting in Canada.

Are you a Canadian private enterprise, not-for-profit organization, pension plan or an advisor to one? Watch this webinar to learn about amendments in Part II, III and IV of the CPA Canada Handbook, including topics such as accounting for retractable or mandatorily redeemable shares, not-for-profit combinations, and amendments to pension plan accounting.

The PEAC held a meeting February 9, 2022, and discussed the accounting for related party combination research project, the AcSB’s annual plan, and research related to the AcSB’s 2022-2027 strategic plan. Read the meeting notes for full details!

The IPSASB released Exposure Draft 81, Proposed Update to Conceptual Framework. PSAB encourages stakeholders to send comments directly to the IPSASB by May 31, 2022. If you would like PSAB to consider your feedback in its response, please reply by May 16, 2022.

The AASB discussed stakeholder feedback on Quality Management – Conforming Amendments and received a presentation of feedback from stakeholders related to AASB’s Discussion Paper on Audits of Less Complex Entities. The Board also discussed the IAASB Work Plan for 2022-2023 and provided input to the IAASB’s Working Group project proposal to revise ISA 240 on Fraud as well as issues related to ISA 600 on Group Audits. Read the summary for more details!

The Board discussed Contributions, Subsidiaries without Public Accountability, PIR of IFRS 9, Cloud Computing, the Draft Strategic Plan, the Annual Plan, the Performance Report, the Communications Strategy, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

The Board discussed the 2022-2027 Draft Strategic Plan, Risk Assessment, 2021-2022 Interim Performance Report, 2022-2023 Draft Annual Plan and the Conceptual Framework. Read the Decision Summary for full details.