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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

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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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November 23, 2020

News

Incoming chair and strategies help shape future vision for PSAB

New PSAB chair Clyde MacLellan provides a fall video update on five key initiatives stakeholders can watch for starting in 2021, including the Board's international strategy and forthcoming strategic plan.

November 18, 2020

Meeting Summary

AcSB Decision Summary – November 11, 2020 

The Board discussed its next Strategic Plan as well as its Mission Statement. Read the Decision Summary for full details.

November 6, 2020

News

Media Release – New chair appointed to Canada’s Public Sector Accounting Board

Former assistant auditor general Clyde MacLellan takes helm of the Public Sector Accounting Board, effective November 1, 2020 for a five-year term.

November 6, 2020

News

Media Release – New chair appointed to Canada’s Public Sector Accounting Board

Former assistant auditor general Clyde MacLellan takes helm of the Public Sector Accounting Board, effective November 1, 2020 for a five-year term.

November 5, 2020

International Activity

IAASB Discussion Paper – Fraud, Going Concern and the Expectation Gap

The International Auditing and Assurance Standards Board (IAASB) issued its Discussion Paper, Fraud and Going Concern in an Audit of Financial Statements, to gather perspectives from stakeholders about the role of the auditor and whether their standards related to fraud and going concern are fit-for-purpose. Comments are due to the IAASB on February 1, 2021.

November 5, 2020

Meeting Summary

AcSB Decision Summary – October 27, 2020

The Board discussed topics such as Combinations, Goodwill and Impairment – plus much more. Read the Decision Summary for full details.

October 28, 2020

Meeting Summary

Not-for-Profit Advisory Committee Notes – October 14, 2020

At its recent meeting, the Committee discussed accounting for cloud computing arrangements and combinations.

October 19, 2020

Meeting Summary

AASB Decision Summary – October 19, 2020

The Board discussed issues related to the IAASB’s project on Audits of Less Complex Entities and reviewed its response to the IAASB Auditor Reporting Post Implementation Review Survey. It also discussed the development of its 2021-2022 Annual Plan. Read the full Decision Summary for details.

October 19, 2020

Meeting Summary

AcSB Decision Summary – October 7, 2020

The Board discussed topics such as Combinations, Leases, Insurance Contracts – plus much more. Read the Decision Summary for full details.

October 19, 2020

International Activity

AASB Response Letter – IAASB Exposure Draft on Audits of Group Financial Statements

The Board submitted its comment letter responding to the IAASB’s Exposure Draft of ISA 600 (Revised), Special Considerations - Audits of Group Financial Statements (Including the work of Component Auditors). Read the AASB’s full response.