Accounting Standards Board

Watch the video recording of our Group’s December meeting. Agenda topics included IFRS 9 Financial Instruments, focusing on accounting for debt modifications amid falling interest rates, along with various year-end financial reporting reminders. Don’t miss out on the latest IFRS news! Watch our meeting for a limited time, on demand.

The Private Enterprise Advisory Committee held a meeting on November 13, 2024, and discussed Relief from the Recognition of Intangible Assets and Amortization of Goodwill, Detailed Review of Accounting Standards for Private Enterprises, the Annual Plan, and Agriculture. Read the meeting notes for full details!

The Committee discussed Part IV Priorities, Improvements to Presentation and Disclosure of Investments for Pension Plans, an Application Question, Strategic Research on Evaluating the Preface, and more.

Join the AcSB for a virtual roundtable discussion (in English) to learn about the IASB’s Exposure Draft, “Provisions – Targeted Improvements.” Don’t miss this chance to share your feedback directly with us to help inform our response to the IASB. Register now to save your spot!

Are you interested in helping shape accounting standards for private enterprises and/or not-for-profit organizations in Canada? The Accounting Standards Board (AcSB) is looking for new members to join its advisory committees! Apply to be a member of the Private Enterprise Advisory Committee, the Not-for-Profit Advisory Committee, or the Medium and Small Practitioners Advisory Committee (formerly Small Practitioners Working Group) by December 15, 2024.

Are you a Canadian private enterprise, not-for-profit organization, pension plan, an advisor to one, or a user of their financial statements? Register for our upcoming webinar to learn about current accounting standards projects and recent amendments in Parts II, III, and IV of the CPA Canada Handbook – Accounting. Join us on November 6, 2024 (English) or November 12, 2024 (French).