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Canada’s reporting and assurance oversight councils are pleased to announce the establishment of the Reporting & Assurance Standards Oversight Council (the Oversight Council), an important step towards enhancing standard-setting efficiency and connectivity in Canada.   

AASOC is pleased to announce new members and reappointed members. We also wish to thank those retiring for their dedicated service. Read the appointments page for full details.

AASOC is pleased to announce new members and reappointed members. We also wish to thank those retiring for their dedicated service. Read the appointments page for full details.

AcSOC is pleased to announce the appointments and reappointments for the AcSB and PSAB. We also wish to thank those retiring for their dedicated service. Read the appointments page for full details.

Representatives of the UKEB and AcSB held a bilateral meeting on March 26, 2024, in London. The Boards shared updates on their respective activities and discussed topics like rate-regulated activities, IFRS 18, IFRS 19 and carbon credits. The discussions were a helpful step towards developing a bilateral understanding of the challenges facing the two boards and finding areas of common interest. 

Focused on meeting the evolving needs of Canadians, the AcSB’s core strategies will continue to enhance the relevance of financial and non-financial reporting information. We will advance multiple projects in our workplan including implementing a framework to respond to requests for additional guidance, conducting a review of ASPE, and researching emerging areas. Read our Annual Plan to understand how we plan to deliver on these priorities.

As we approach the conclusion of the AASB’s 2022-2025 Strategic Plan, we continue to recognize the changing environment and the diverse needs of our community. Our 2024-2025 Annual Plan highlights our commitment to developing high-quality standards and supporting their effective application. We continue to engage in consultations and advance our projects, including Fraud, Compilations of Future-oriented Financial Information, and Sustainability Assurance. Read the Annual Plan for a full breakdown of how we will continue to serve the public interest in the coming year.