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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) finalized CSDS 1 and CSDS 2, plus its Criteria for Modification Framework. Learn more and access resources to support your reporting.

Canada’s First Sustainability Standards Are Here

Picture of a transparent glass globe focusing on Canada in the grass 

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.

AcSB Exposure Draft – Accounting for Common Control Combinations

Paper with charts on a table with orange and white markers on top representing another chart 

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.

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November 8, 2024

News, Volunteer Opportunity

Volunteer Opportunity – AcSB Advisory Committees

Are you interested in helping shape accounting standards for private enterprises and/or not-for-profit organizations in Canada? The Accounting Standards Board (AcSB) is looking for new members to join its advisory committees! Apply to be a member of the Private Enterprise Advisory Committee, the Not-for-Profit Advisory Committee, or the Medium and Small Practitioners Advisory Committee (formerly Small Practitioners Working Group) by December 15, 2024.

November 6-12, 2024

Resource, Webinar, Webinar

On-demand Webinar – Domestic Accounting Standards Update (Fall 2024)

Are you a Canadian private enterprise, not-for-profit organization, pension plan, an advisor to one, or a user of their financial statements? Watch this on-demand webinar to learn about current accounting standards projects and recent amendments in Parts II, III, and IV of the CPA Canada Handbook – Accounting, including topics such as the Detailed Review of ASPE, Goodwill and Intangibles, Financial Statement Concepts, and Climate-Related Risks and Opportunities.

October 30, 2024

Document for Comment, International Activity, News

AcSB Exposure Draft – Equity Method of Accounting – IAS 28 Investments in Associates and Joint Ventures (revised 202x)

The AcSB issued its Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. If you would like your feedback considered prior to the AcSB finalizing its comment letter, please respond by January 8, 2025.

October 28, 2024

Webpage, Meeting Summary

Pension Plan Advisory Committee Notes – October 28, 2024

The Committee discussed Part IV Priorities, Improvements to Presentation and Disclosure of Investments for Pension Plans, an Application Question, Strategic Research on Evaluating the Preface, and more.

October 22, 2024

News

Media Release – Canadian Sustainability Standards Board Releases Feedback Statement on Proposed Sustainability Disclosure Standards

The CSSB has released its Feedback Statement summarizing the responses received from its extensive public consultation on Canada’s first-ever sustainability disclosure standards. CSDS 1 and CSDS 2 are now set for release in December 2024.

October 22, 2024

News

Media Release – Canadian Sustainability Standards Board Releases Feedback Statement on Proposed Sustainability Disclosure Standards

The CSSB has released its Feedback Statement summarizing the responses received from its extensive public consultation on Canada’s first-ever sustainability disclosure standards. CSDS 1 and CSDS 2 are now set for release in December 2024.

October 22, 2024

News, Volunteer Opportunity

Volunteer Opportunity – PSAB’s Cloud Computing Task Force

Join a network of experts and stay ahead of the curve on an important topic in public sector accounting! Apply now for our Cloud Computing Task Force and help develop guidance for cloud computing arrangements in the public sector. Applications are due December 18, 2024.

October 21-22, 2024

Meeting Summary

Not-for-Profit Advisory Committee Notes – October 21-22, 2024

The Not-for-Profit Advisory Committee discussed Contributions, Reporting Controlled and Related Entities, Detailed Review of Accounting Standards for Private Enterprises, Financial Statement Concepts, and more.

October 21, 2024

Resource

Feedback Statement – Criteria for Modification, CSDS 1 and CSDS 2

The Canadian Sustainability Standards Board (CSSB) is pleased to announce the release of its Feedback Statement summarizing the responses received from its extensive public consultation on Canada’s first-ever sustainability disclosure standards. Read about who responded and what they said. Stay tuned for a separate report based on Indigenous participation and feedback related to Indigenous matters.

October 17, 2024

News, Document for Comment

PSAB Re-exposure Draft – Employee Benefits, Proposed Section PS 3251

PSAB has issued the Re-exposure Draft, “Employee Benefits, Proposed Section 3251.” This limited re-exposure focuses on amendments to discount rate principles of the Exposure Draft issued in July 2021, including assessing funding status and sensitivity analysis disclosure requirements. Don’t miss your chance to review these amendments and send us your feedback by January 20, 2025.