Skip to main content

Top Stories

 
 
Call for Applications: Standardsco Chair and Board of Directors

Close up of hands typing on a laptop

Standardsco, a newly established federal not-for-profit corporation, will be formed in response to the recommendations of the Independent Review Committee on Standard Setting in Canada. The Standardsco Search Committee is currently seeking qualified individuals to join our Inaugural Board of Directors, including the pivotal role of Chair. In partnership with the leadership advisory firm Odgers Berndtson, the Standardsco Search Committee encourages interested candidates to apply promptly.

Apply now

Virtual Roundtable Discussions – IPSASB Exposure Drafts – Tangible Natural Resources and Climate-related Disclosures

Birds eye view of an abstract landscape made up of trees and water

Register for our virtual roundtables on IPSASB’s recent Exposure Drafts on Tangible Natural Resources and Climate-related Disclosures on November 27 and December 2, 2024. Share your feedback and help shape the future of public sector accounting and reporting in Canada.

Register

 
 
Feedback Statement – Criteria for Modification, CSDS 1 and CSDS 2

A glass globe sitting on top of grass

The CSSB's Feedback Statement summarizes the responses received from its extensive public consultation on Canada’s first-ever sustainability disclosure standards. Read about who responded and what they said. Stay tuned for a separate report based on Indigenous participation and feedback related to Indigenous matters.

Read more

News Listings

to

March 7, 2024

Resource, Article

What You Need to Know about Changes to the Fraud Audit Standard

Short on time but want to know about our proposed changes to the fraud audit standard? Find out how our proposals will impact you as an auditor, management, or a user of financial information. Read more about key changes to the standard.

March 6, 2024

Meeting Summary, Webpage

$name

March 6, 2024

Meeting Summary, Webpage

Not-for-Profit Advisory Committee Notes – February 12, 2024

The Not-for-Profit Advisory Committee discussed Contributions, financial statement concepts, Revenue, guidance, and more. Read the meeting notes for full details.

March 5, 2024

Document for Comment, News

AASB Exposure Draft – Proposed Amendments to CAS 240, The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements

Share your views on the AASB’s Exposure Draft, “Proposed Amendments to CAS 240, The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements.” Read more about the proposed standard and related conforming and consequential amendments. Respond to our Exposure Draft by May 6, 2024, and have your say! 

March 1, 2024

News

IFRS® Accounting Standards Discussion Group – Request for Issues

The IFRS Accounting Standards Discussion Group wants to hear about the challenges you face when applying IFRS Accounting Standards. Submit your issue by March 15, 2024, for consideration as a discussion topic at our May 14, 2024, meeting.

February 28, 2024

Meeting Summary

Private Enterprise Advisory Committee Notes – February 7, 2024

The Committee held a meeting on February 7, 2024, and discussed revenue – upfront non-refundable fees or payments, financial statement concepts, climate-related risks and opportunities, and more. Read the meeting notes for full details!

February 28, 2024

Document for Comment

AASB proposes not to adopt the IAASB’s proposed Public Interest Entity narrow-scope amendments at this time

The AASB issued an Exposure Draft proposing not to adopt at this time the International Auditing and Assurance Standards Board (IAASB)’s proposed narrow-scope amendments. The IAASB’s proposal stems from revisions to the definitions of listed entities and public interest entities in the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (Including Independence Standards). We welcome your feedback on this Exposure Draft. Submit your comments by April 8, 2024, and tell us what you think. 

February 27 - March 19, 2024

Meeting, Video, Webinar, News

$name

February 27 - March 19, 2024

Meeting, Video, Webinar, News

Webinars – PSAB’s New Conceptual Framework for Financial Reporting in the Canadian Public Sector and PSAB’s New Reporting Model (Section PS 1202, Financial Statement Presentation)

Watch these on-demand webinars for an overview of PSAB’s new Conceptual Framework and Reporting Model, including how you can start preparing for implementation.

February 27, 2024

Meeting Summary

AcSOC Meeting Minutes – February 27, 2024

The Accounting Standards Oversight Council met on February 27, 2024, to discuss the Public Sector Accounting Board’s and the Accounting Standard Board’s activities and related matters. Read the full report for more information.