News Listings

The Council met on April 19, 2021 to receive an update on the Independent Review Committee of Standard Setting. Read the full report for more information.

The Council met on February 25- 26, 2021 to receive an update on the Board’s activities. Read the full report for more information.

This past year presented several major global challenges with impacts on standard-setting in Canada. Both AASOC and the AASB needed to be sensitive to many different risks in our new environment.  Read our 2020-2021 Annual Report to learn more about the work we did, including our oversight of the AASB. 

The Accounting Standards Oversight Council (AcSOC) and Auditing and Assurance Standards Oversight Council (AASOC) have initiated a review of Canadian standard setting. The Independent Review Committee on Standard Setting in Canada was formed to review of the governance and structure for establishing accounting, auditing, and assurance standards, as well what might be needed for the future – including sustainability standards. 

We are pleased to announce new members and re-appointed members, and thank those retiring, to the Council and the AASB. See the appointments page for full details.

We are pleased to announce new members and re-appointed members, and thank those retiring, to the Council and the AASB. See the appointments page for full details.

AASOC is pleased to announce it has approved the appointment of Bob Bosshard, CPA, CA, ICD.D, as the new chair of the AASB. Bob will begin his three-year term as the AASB chair on July 1, 2021. Read more about his background and how it will serve the AASB as it navigates through this pivotal time.

This article provides highlights from comment letters written by Boards and Councils responding to the IFRS Foundation Trustees Consultation Paper on Sustainability Reporting.

The Council met on September 30, 2020 to receive an update on the Board’s activities. Read the full report for more information.

The Council met on June 22-23, 2020 to receive an update on the Board’s draft Strategic Plan as well as the Board’s 2019-2020 Performance Report. Read the full report for more information.