Whats New

The AcSB has issued an Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. Comments, on the form provided, are requested by March 13, 2012.

The AcSOC is seeking stakeholder views on the AcSB's performance. Completed Surveys are requested by February 15, 2012.

Are you a user of investment company financial statements? Register to attend a roundtable on Friday, February 17, 2012 in Toronto, to share your views on the investment entities proposals with members and staff of the IASB and the FASB.

An executive summary of discussions and decisions with respect to projects addressed in this meeting.

Listen to the audio recordings of the topics discussed by the Group in January 2012. For further details about the topics, see the Group’s agenda and description of items.

The AcSB has issued an Exposure Draft proposing amendments to the standards for employee future benefits that will affect private enterprises, not-for-profit organizations, and pension plans that have chosen the deferral and amortization approach for their defined benefit plans. Comments, on the form provided, are requested by May 25, 2012.

The AcSB has issued an Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. Comments, on the form provided, are requested by March 21, 2012.

At its December 2011 meeting, the Private Enterprise Advisory Committee discussed various issues in respect of the accounting standards for private enterprises. The meeting notes are a summary of discussions held.

This is a reminder that the AcSB is seeking feedback from preparers, practitioners, advisors and users to assist with its Consolidation project for private enterprises. Completed questionnaires are requested by January 30, 2012.

The AASB has issued an Exposure Draft seeking comments on its proposal to revise various Handbook pronouncements to clarify the status and authority of Assurance and Related Services Guidelines and non-authoritative material. Comments, on the form provided, are requested by April 15, 2012.

This Task Force will develop a public sector standard addressing accounting and financial reporting issues relating to asset retirement obligations.

An executive summary of discussions and decisions with respect to the topics addressed at this meeting.

The AASB has issued an Exposure Draft seeking comments on its proposal to withdraw three Assurance and Related Services Guidelines. Comments, on the form provided, are requested by April 15, 2012.

An executive summary of discussions and decisions with respect to projects addressed in this meeting.

PSAB has issued an Exposure Draft that proposes to make amendments to the transitional provisions in Section PS 2601, Foreign Currency Translation, and Section PS 3450, Financial Instruments. Comments, on the form provided, are due February 24, 2012.

A Background Information and Basis for Conclusions document is now available.

An executive summary of discussions and decisions with respect to the topics addressed at this meeting.

A Basis for Conclusions has been issued.

An executive summary of discussions and decisions with respect to projects addressed in this meeting.

The Accounting Standards Oversight Council is currently seeking new members to appoint to the Public Sector Accounting Board.

A Basis for Conclusions has been issued.

The CICA is seeking an individual to join the public sector accounting team to develop accounting and financial reporting standards for the public sector in Canada.

The Chair of the AASB’s Message asks auditors to consider important issues when auditing companies with most or all of their operations in an emerging market country.

The Accounting Standards Oversight Council is currently seeking new members to appoint to the Accounting Standards Board.

An executive summary of discussions and decisions with respect to the topics addressed at this meeting.

This publication provides guidance on reporting issues that may arise during the current period of change to new auditing and accounting standards.

PSAB is seeking individuals interested in joining a task force to examine financial reporting issues facing public sector entities reporting revenues.

The deadline for comments on the Invitation to Comment — Definition and Disclosure — and the Issues Paper — Recognition and Measurement — has been extended from November 14, 2011 to November 30, 2011.

The next meeting of the IFRS Discussion Group will be held on January 12, 2012 in Toronto. Individuals are encouraged to submit issues relating to the application of IFRSs in Canada by November 14, 2011 for consideration at this meeting. For further information, see Submission of Issues.

A Background Information and Basis for Conclusions document is now available.

An executive summary of discussions and decisions with respect to projects addressed in this meeting.

The AcSB has issued an Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. Comments, on the form provided, are requested by January 5, 2012.