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Call for Applications: Standardsco Chair and Board of Directors

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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

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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

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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.

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News Listings

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February 15, 2023

Meeting Summary

AASOC Meeting Minutes – September 26, 2022

The Council met on September 26, 2022, to discuss the activities of the AASB and related matters. Read the full report for more information.

February 15, 2023

Meeting Summary

Not-for-Profit Advisory Committee Notes – January 31, 2023

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

Quality Management and Group Audits Highlighting Certain Aspects of Interaction between ISA 220 Revised and ISA 600

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

Volunteer Opportunity – Public Sector Accounting Discussion Group

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

Meeting Summary

AASOC Meeting Minutes - June 27-28, 2022

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.

February 9, 2023

Meeting Summary, Webpage

AcSOC Meeting Minutes – February 17-18, 2022

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.

February 9, 2023

Meeting Summary, Webpage

AcSOC Meeting Minutes – June 2-3, 2022

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

IAASB Issues Exposure Draft of Proposed Part 10, Audits of Group Financial Statements of the ISA of Less Complex Entities

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.

February 7, 2023

International Activity, Resource, Article

Survey: Prioritizing Projects in the IAASB’s Work Plan for 2024-2027

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.

February 6, 2023

International Activity, News

IPSASB issues Exposure Draft 84 Concessionary Leases and Right-of-Use Assets In-kind

PSAB encourages stakeholders to respond to the International Public Sector Accounting Standards Board’s (IPSASB) recently released Exposure Draft 84, Concessionary Leases and Right-of-Use Assets In-kind. Respond directly to IPSASB by May 17, 2023, to ensure Canadian-specific issues and perspectives related to concessionary leases and right-of-use assets in-kind are considered.