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CSSB’s Proposed 2025-2028 Strategic Plan: Open for Comment

two people around a table discussing strategies with greenery in the forefront 

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 and learn how you can provide your input by April 7, 2025.

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AcSB's Climate-related Risks and Opportunities on ASPE Financial Statements

Picture of map made up of trees and water 

In the third installment of its awareness series, the Accounting Standards Board (AcSB) explores climate-related factors and their effects on financial instruments, including fair value measurement, consolidation, and control. Understand how these changes could impact your organization’s financial reporting practices and how you can navigate it.

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PSAB Exposure Draft, 2024-2025 Annual Improvements: Open for Comment

Close up of hands arranging floating wooden blocks with sparks of light 

The Public Sector Accounting Board (PSAB) seeks your feedback on the 2024-2025 Annual Improvements to Public Sector Accounting Standards. Proposed updates include terminology revisions, alignment with PSAB’s Conceptual Framework and Reporting Model, and minor editorial changes. Share your thoughts by April 11, 2025, and contribute to enhancing consistency and transparency in public sector financial reporting.

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News Listings

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August 30, 2021

Meeting Summary

AcSOC Public Meeting Report – February 11-12, 2021

The Council met on February 11-12, 2021 to receive an update on the Boards’ activities. Read the full report for more information. 

August 19, 2021

International Activity

IPSASB issues Mid-Period Work Program Consultation document

The IPSASB released its Mid-Period Work Program Consultation document. PSAB encourages stakeholders to send comments directly to the IPSASB by November 30, 2021.

If you would like us to consider your feedback during the development of our response, please reply to our Board by November 16, 2021.

August 19, 2021

International Activity

IPSASB issues Exposure Draft (ED) 80, Improvements to IPSAS, 2021

The IPSASB released Exposure Draft (ED) 80, Improvements to IPSAS, 2021. PSAB encourages stakeholders to send comments directly to the IPSASB by September 30, 2021.

August 6, 2021

International Activity

IPSASB issues four new Exposure Drafts on how to measure assets and liabilities in the public sector

The IPSASB released four new Exposure Drafts on how to measure assets and liabilities in the public sector. PSAB encourages stakeholders to send comments directly to the IPSASB by October 25, 2021. 

If you would like us to consider your feedback during the development of our response, please reply to our Board by October 11, 2021.

August 4, 2021

Meeting Summary

AcSB Decision Summary – July 21-22, 2021

The Board discussed Business Combinations under Common Control, Contributions, FASB Agenda Consultation, Insurance, Interest Benchmark (IBOR) Reform, International Financial Reporting for Not-for-Profit Organizations, Rate Regulated Activities, Sustainability, Third Agenda Consultation, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

July 15, 2021

Meeting Summary

AASB Decision Summary – July 15, 2021

The AASB discussed issues related to the IAASB’s project on audit evidence and fraud. The Board also reviewed a draft Canadian discussion paper on audits of less complex entities.

July 12, 2021

Meeting Summary

Not-for-Profit Advisory Committee Notes – June 22, 2021

At its recent meeting, the Committee discussed contributions, interest rate benchmark reform, the AcSB’s 2022-2027 Draft Strategic Plan, and much more. Read the meeting notes for full details.

July 12, 2021

Meeting Summary

Private Enterprise Advisory Committee Notes – May 26, 2021

At its recent meeting, the Committee discussed interest rate benchmark reform and financial reporting by private enterprises during the COVID-19 pandemic. Read the meeting notes for full details.

July 7, 2021

Meeting Summary

AcSB Decision Summary – June 16-17, 2021

The Board discussed Business Combinations under Common Control, Management Commentary, Rate Regulated Activities, Sustainability, Cloud Computing, Interest Benchmark (IBOR) Reform, COVID-19-Related Rent Concessions, Pension Plans, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives. 

July 6, 2021

News

Standard-setting Update – Readying for the Future

As Canada moves through the third wave of COVID-19 with the hope that comes with vaccinations and economic re-opening, we in standard setting have also been progressing in new areas and initiatives. From sustainability standards to strategic planning, read this statement from our Board Chairs about what we’ve been up to and what’s to come this year.