News Listings

Are you a preparer, director, practitioner, investor or contributor who reports, oversees, assesses or uses performance measures? Watch the webinar to learn how you can help improve the quality of performance measures by leveraging this Framework.

The Board discussed topics such as Agriculture, Financial Statement Concepts, Employee Future Benefits, Combinations and Financial Instruments – Hedging, among others.

On January 15, 2019, the AcSB responded to the International Accounting Standards Board’s (IASB) Discussion Paper, “Financial Instruments with Characteristics of Equity”, which seeks to address the current application challenges with IAS 32 Financial Instruments: Presentation. Read our letter to understand the matters we raised to the IASB for further consideration.

The Group discussed topics such as 2019 interim disclosure considerations related to IFRS 16, credit enhancements and related party loans. Read about the views expressed by Group members for helpful tips and stay up-to-date on past issues such as accounting for asset retirement obligations.

The Board discussed topics such as narrow scope amendments to the income taxes and investments standards, and Financial Instruments – Hedging, among others.

At its recent meeting the Committee discussed the accounting for Combinations.

At its recent meeting, the Committee discussed a number of topics including Revenue, Related Party Transactions, narrow scope amendments, and the relevance of financial statements.

The IASB has issued an Exposure Draft proposing amendments to IAS 37 Provisions, Contingent Liabilities and Contingent Assets. Canadian stakeholders are encouraged to submit their comments to the IASB by April 15, 2019.

The effective date of IFRS 16 is just around the corner. Read the Group’s discussions on various leases implementation topics. Also, keep up-to-date on other topics such as joint arrangements, share-based payments and cryptocurrencies. Learn more about the views expressed on these topics for helpful tips.

At its November meeting, the International Accounting Standards Board (IASB) voted to propose a one-year deferral of IFRS 17 Insurance Contracts, and as a result, has also proposed to extend the temporary exemption of applying IFRS 9 Financial Instruments by one year to keep the effective dates aligned. The IASB and the AcSB will expose the proposed deferral to seek stakeholders’ comments. As part of the AcSB’s strategic plan, the Board will continue to monitor developments on IFRS 17 and is committed to assisting Canadian stakeholders in adopting this complex new insurance contracts standard.