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In the Loop – Standards in Transition (In the Loop) shares information and resources concerning changes to Canadian accounting and auditing standards. Information and comments posted on In the Loop are in no way a substitute for advice from your accounting, tax or legal advisors. In the Loop is not issued under the authority of the Accounting Standards Board or the Auditing Assurance Standards Board. Information contained in In the Loop is not intended as guidance or advice from the AcSB or the AASB. Any guidance or advice that is provided directly from the AcSB or the AASB will be clearly noted. Readers are expected to use professional judgment in determining whether information contained in In the Loop is both appropriate and relevant to your unique circumstances. |