Skip to main content

Top Stories

 
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.

Respond now

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.

Read more

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.

Respond now

News Listings

to

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.

September 17-18, 2019

Meeting Summary

AcSB Decision Summary – September 17-18, 2019

The Board discussed topics such as IFRS® Standards, Insurance, Revenue, Combinations, Contributions, and ASPE implementation questions, among others.

September 9-10, 2019

Meeting Summary

AASB Decision Summary – September 9-10, 2019 Meeting

The Board discussed several topics during its two-day meeting including Audits of Less Complex Entities, Quality Management, Agreed-upon Procedures, Identifying and Assessing the Risks of Material Misstatement and others. Read the full Decision Summary for further detail.

September 3, 2019

Resource, Other

A Podcast Series – Retractable or Mandatorily Redeemable Shares Issued in a Tax Planning Arrangement

Hear Armand Capisciolto, Vice-Chair of the Accounting Standard Board, discuss implementation questions on the application of the amendments to Section 3856, Financial Instruments.

August 29, 2019

Meeting Summary

AASB Decision Summary — August 29, 2019 Conference Call

The Board discussed its draft response to the IAASB’s Discussion Paper for Audits of Less Complex Entities and key issues related to Compilation Engagements. Read the summary for full details.

July 30, 2019

Meeting Summary

Not-for-Profit Advisory Committee Meeting Notes – July 30, 2019

At its recent meeting, the Committee discussed accounting for contributions and combinations, as well as research on the NFP sector, amendments to other frameworks, and the Public Sector Accounting Board’s (PSAB’s) Government NFP Strategy Consultation paper.

July 17, 2019

Meeting Summary

AcSB Decision Summary – July 17, 2019

The Board discussed topics such as IFRS® Standards, Agriculture, Combinations, and ASPE implementation questions, among others.

July 12, 2019

International Activity

AcSB Response – Interest Rate Benchmark Reform Exposure Draft

On June 17, 2019, the AcSB responded to the IASB’s Exposure Draft, Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39). This Exposure Draft focuses on the issues affecting financial reporting in the period before the replacement of an existing interest rate benchmark with an alternative interest rate. Read our letter to understand the matters we raised to the IASB for further consideration.