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December 2-3, 2019

Meeting Summary

AASB Decision Summary – December 2-3, 2019

The Board discussed several topics during this two-day meeting, including Identifying and Assessing the Risks of Material Misstatement, Public Sector Auditing Standards, and Quality Management. It also discussed its 2020-2021 Annual Plan. Read the Decision Summary for full details.

November 29, 2019

International Activity

Goodwill and Impairment – Project Update

The IASB is carrying out a research project on Goodwill and Impairment to investigate how companies can provide users of financial statements with better information about business combinations at a reasonable cost. The IASB’s preliminary views will be shared in its upcoming Discussion Paper. Canadian stakeholders can help by commenting on the IASB’s Discussion Paper which is expected to be released in the first quarter of 2020. Follow the AcSB’s project page for updates!

November 6, 2019

Meeting Summary

Not-for-Profit Advisory Committee Notes – November 6, 2019

At its recent meeting, the Committee discussed a number of topics including Contributions, Employee Future Benefits, the AcSB’s research on the not-for-profit sector, and much more.

October 24-25, 2019

Meeting Summary

AASOC Public Meeting Report – October 24-25, 2019

At its public meeting in Toronto, the Council discussed the activities of the AASB and other related matters. The Council also received an update on the activities of the Nominating and Governance Committee, as well as the Independence Standing Committee. Read the full report for more information.

October 17-18, 2019

Meeting Summary

AcSOC Public Meeting Report – October 17-18, 2019

At its public meeting in Toronto, the Council discussed the activities of both the AcSB and PSAB and other related matters. The Council received presentations on Sustainability, Environmental, and Social Reporting, as well as a presentation from the Canadian Council of Comptrollers. Read the full report for more information.

October 10, 2019

Meeting Summary

AcSB Decision Summary – October 10, 2019

The Board discussed a number of topics, including IFRS® Standards, Combinations, and due process, among others.

October 7-8, 2019

Meeting Summary

AASB Decision Summary — October 7-8, 2019

The Board discussed several topics during its two-day meeting, including Compilation Engagements, Public Sector Auditing Standards, and the Strategic and Annual Plans. Read the full Decision Summary for further detail.

October 3, 2019

News

AcSB Meeting Agenda – October 10, 2019

At its upcoming meeting the Board will consider matters regarding IFRS® Standards and due process, among others.

September 26-27, 2019

Meeting Summary

PSAB Decision Summary – September 26-27, 2019

At its recent meeting, the Board discussed, reviewed, and made decisions on number of topics, including Conceptual Framework and Reporting Model, Public Private Partnership, and Intangible Assets – Narrow Scope Amendment. Read the Decision Summary for full details.

September 25, 2019

Meeting Summary

IFRS® Discussion Group Meeting Report – September 25, 2019

The Group discussed topics such as accounting for sale-lease back transactions with variable payments, and application issues from an asset acquisition. Read about the views expressed by Group members for helpful tips on these and other topics.