News Listings

Learn how the AcSB developed and approved its 2022-2027 Strategic Plan – including conclusions reached on the significant comments received during our consultation process.

Read our In Brief for an overview of Exposure Draft, Customer’s Accounting for Cloud Computing Arrangements. The proposals aim to simplify the accounting for cloud computing arrangements while ensuring entities can provide relevant information to their users. Share your feedback by attending our virtual roundtable on June 1 or June 7, and by submitting a comment by June 20, 2022. 

The Board discussed Related Party Combinations, Cloud Computing Arrangements, Contributions, Financial Statement Concepts, the AcSB’s Annual Plan, Sustainability Reporting, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

The AcSB has issued its final 2022-2027 Strategic Plan. The Plan is focused on enhancing the relevance of financial information and supporting the improvement of non-financial information reported to stakeholders. Read the Plan to learn more about our strategic objectives for the next five years.

AcSOC is pleased to announce new members and re-appointed members to the Council, PSAB and the AcSB. As well, we wish to thank those retiring for their dedicated service. Read the appointments page for full details.

AcSOC is pleased to announce new members and re-appointed members to the Council, PSAB and the AcSB. As well, we wish to thank those retiring for their dedicated service. Read the appointments page for full details.

Share your views on the proposed Accounting Guideline applicable to private enterprises and not-for-profit organizations. The proposals take a pragmatic approach by providing accounting policy choices to address a range of stakeholders’ concerns when accounting for cloud computing arrangements. They also clarify the application of existing Sections. Submit your comments by June 20, 2022. 

Watch our easy-to-understand video on the global and local initiatives happening in sustainability reporting standards – including the Independent Review Committee on Standard Setting in Canada’s initiative and recommendation to establish a Canadian sustainability standards board – and what this means for Canada.  

The Board discussed Non-current Liabilities with Covenants, Related Party Combinations, Cloud Computing Arrangements, Pension Plans, Independent Standard Setting Review, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

The Committee discussed Strategic Research, Reporting Controlled and Related Entities, the AcSB’s 2022-2023 Annual Plan, and much more. Read the meeting notes for full details.