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September 14-15, 2022

Meeting Summary

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September 14-15, 2022

Meeting Summary

AcSB Decision Summary – September 14-15, 2022

The AcSB discussed Contributions, Cloud Computing Arrangements, Related Party Combinations, Reporting Controlled and Related Entities, Sustainability, Pension Plans, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

August 24, 2022

Meeting Summary

Not-for-Profit Advisory Committee Notes – July 26, 2022

The Committee discussed Contributions, Cloud Computing Arrangements, and more. Read the meeting notes for full details.

August 10, 2022

Meeting Summary

AcSB Decision Summary – July 20-21, 2022

The AcSB discussed Contributions, Cloud Computing Arrangements, Pension Plans, Sustainability, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

July 28, 2022

Resource, Article

IFRS 17 Matters for Non-insurance Entities

Did you know that IFRS 17, Insurance Contracts, can apply to insurance contracts issued by non-insurance entities? If not, you are not alone! Check out some helpful resources to learn more about how this Standard might apply to you.

July 21, 2022

Meeting Summary

Private Enterprise Advisory Committee Meeting Notes – July 6, 2022

The PEAC held a meeting July 6, 2022, and discussed stakeholder feedback on the AcSB’s Exposure Draft on Cloud Computing Arrangements. Read the meeting notes for full details!

July 20, 2022

News, Article

Appointment – AcSOC selects interim AcSB Chair

The Council is pleased to announce that current Vice-Chair, Armand Capisciolto, FCPA, FCA, will serve as AcSB’s interim Chair from September 1, 2022 to December 31, 2022. Armand will continue in his role with BDO Canada, LLP, while he serves his interim tenure. The permanent AcSB Chair is expected to be announced by the fall.

July 15, 2022

Document for Comment

AcSB Exposure Draft – Revenue – Upfront Non-refundable Fees or Payments

The AcSB wants your feedback on its proposed amendments to Section 3400, Revenue, applicable to private enterprises and not-for-profit organizations. The Board is proposing to defer the effective date of the amendments relating to upfront non-refundable fees or payments to January 1, 2025, while it researches the effects of previously issued amendments. Submit your comments by August 15, 2022.

July 15, 2022

Document for Comment

AcSB Exposure Draft – Revenue – Upfront Non-refundable Fees or Payments

The AcSB wants your feedback on its proposed amendments to Section 3400, Revenue, applicable to private enterprises and not-for-profit organizations. The Board is proposing to defer the effective date of the amendments relating to upfront non-refundable fees or payments to January 1, 2025, while it researches the effects of previously issued amendments. Submit your comments by August 15, 2022.

July 12, 2022

Meeting Summary

AcSB Decision Summary – June 22-23, 2022

The AcSB discussed Contributions, Related Party Combinations, Related Party Transactions, Revenue, Insurance, Crypto-Assets, Sustainability, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.