FRASCanada
February 15, 2023
Meeting Summary, Webpage
The AcSB discussed Contributions, Scaling the Standards, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.
Meeting Summary
The Council met on September 26, 2022, to discuss the activities of the AASB and related matters. Read the full report for more information.
The Committee discussed Contributions, Reporting Controlled and Related Entities, Insurance Contracts with a Cash Surrender Value, and more. Read the meeting notes for full details.
February 14, 2023
Resource, International Activity
Interested in how ISA 220 (Revised) and ISA 600 will affect group audits and quality management? The International Auditing and Assurance Standards Board (IAASB) has issued a fact sheet on the interactions between ISA 220 (Revised) on quality management at the engagement level, and ISA 600 on group audits. Read this fact sheet for support while planning your audits of financial statements.
February 13, 2023
News, Volunteer Opportunity
Want to join a network of experts to be ahead of the curve on public sector accounting and assist PSAB regarding issues involving the application of the CPA Canada Public Sector Accounting (PSA) Handbook? If so, PSAB needs you on its Public Sector Accounting Discussion Group! Apply to be a volunteer member by April 17, 2023.
February 9, 2023
The Council met on June 27-28, 2022, to discuss the activities of the AASB and related matters. Read the full report for more information.
The Council met on February 17-18, 2022, to discuss the activities of the AcSB, PSAB, and related matters. Read the full report for more information.
The Council met on June 2-3, 2022, to discuss the activities of the AcSB, PSAB, and related matters. Read the full report for more information.
February 7, 2023
International Activity
The International Auditing and Assurance Standards Board (IAASB) issued its Exposure Draft of Proposed Part 10, Audits of Group Financial Statements, of the Proposed International Standard on Auditing for Audits of Financial Statements of Less Complex Entities (ISA for LCE). The Exposure Draft aims to include certain group audits within the scope of the proposed ISA for LCE. Submit your comments on the IAASB’s Exposure Draft by May 2, 2023.
International Activity, Resource, Article
The AASB is seeking your input and help in responding to the IAASB’s Proposed Strategy and Work Plan for 2024-2027. The survey is designed to gather your input on which projects should be prioritized by the IAASB. Read the work plan and provide your input via our survey by March 31, 2023.