News Listings

The Board has published its first major product under its research program, described in its 2016-2021 Strategic Plan. Read its research findings to learn how the Board is contributing to the work of the IASB and national standard setters, from an evidence-based perspective, on the topic of accounting for rate-regulated activities under IFRS® Standards.

If you are a Canadian private enterprise, an advisor to one, or a user of private enterprises’ financial reports, then sign up for an upcoming webinar! Learn about proposed amendments to the accounting for retractable or mandatorily redeemable shares, and other financial instruments. Join in on December 3, 2018 (English) or December 14, 2018 (French).

The AcSB was reappointed as a member of the IFRS Foundation Trustees' Accounting Standards Advisory Forum (ASAF). ASAF is a technical advisory body to the International Accounting Standards Board. We are proud to be members alongside other accounting standards bodies from across the world.

We are pleased to announce that Lisa French, CTO, International Integrated Reporting Council; Benjamin Yeoh, Sr. Portfolio Manager, RBC, Global Asset Management; and Trent W. Klein, Director — Finance, TELUS Corp, were appointed to IASB’s Management Commentary Consultative Group. The Group was established to advise the IASB as it develops proposals for updating its guidance on management commentary in financial reports.

We are pleased to announce that Lisa French, CTO, International Integrated Reporting Council; Benjamin Yeoh, Sr. Portfolio Manager, RBC, Global Asset Management; and Trent W. Klein, Director — Finance, TELUS Corp, were appointed to IASB’s Management Commentary Consultative Group. The Group was established to advise the IASB as it develops proposals for updating its guidance on management commentary in financial reports.

We are pleased to announce that Lisa French, CTO, International Integrated Reporting Council; Benjamin Yeoh, Sr. Portfolio Manager, RBC, Global Asset Management; and Trent W. Klein, Director — Finance, TELUS Corp, were appointed to IASB’s Management Commentary Consultative Group. The Group was established to advise the IASB as it develops proposals for updating its guidance on management commentary in financial reports.

The IASB has issued a Discussion Paper that explores improvements to IAS 32 Financial Instruments: Presentation for financial instruments that have characteristics of both a liability and equity. Canadian stakeholders are encouraged to provide feedback directly to the IASB by January 7, 2019.

We are pleased to share that Guy Jones, partner in the Toronto office of EY’s professional practice group and Vice-Chair of the AcSB’s IFRS Discussion Group, was appointed to the IFRS Interpretations Committee for a three-year term starting July 1, 2018. The IFRS Interpretations Committee responds to questions from stakeholders about the application of IFRS Standards.

Our revised due process manual provides you a clear explanation of our IFRS^® Standards endorsement and domestic standard-setting activities. We use plain language, simplified content, and visuals, to ensure the rigorous set of procedures we undertake to set standards is easy for you to understand.

The IASB has issued a revised Conceptual Framework for Financial Reporting to replace the Conceptual Framework issued in 2010.  The revised Conceptual Framework is effective immediately for the IASB, and from January 1, 2020 for entities, with early application permitted.