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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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July 28, 2021

Resource, In Brief

In Brief – Exposure Draft, “Employee Benefits, Proposed Section PS 3251”

Read PSAB’s plain and simple overview of our Exposure Draft, “Employee Benefits, Proposed Section PS 3251.” The first phase of this multi-phase standard focuses on discount rate guidance and deferral provisions. Learn more about our key proposals and submit your comments on the Exposure Draft by November 25, 2021! 

July 26, 2021

International Activity

IASB Exposure Draft – Subsidiaries without Public Accountability: Disclosures

What do you think about the IASB’s proposal for a reduced disclosure IFRS Standard that would apply on a voluntary basis to subsidiaries that are SMEs and do not have public accountability? The IASB issued an Exposure Draft relating to its Disclosure Initiative—Subsidiaries without Public Accountability: Disclosures project. Have your say by January 31, 2022.

July 21, 2021

Resource, Other

AASB Strategic Plan 2022-2025 Feedback Statement

Learn how the AASB developed and approved its Strategic Plan 2022-2025 – including conclusions reached on the significant comments received. 

July 20, 2021

News

Compilations of Future-oriented Financial Information (FOFI) Reference Group Established

The AASB has recruited members for the Compilations of Future-oriented Financial Information  (FOFI) Reference Group. The Compilations of FOFI Reference Group will assist the AASB as it develops a new Canadian Standard on Related Services (CSRS) to replace current Assurance and Related Services Guideline (AuG)-16, Compilation of a Financial Forecast or Projection.

July 19, 2021

Meeting Summary

AASOC Public Meeting Report – May 18, 2021

The Council met on May 18, 2021 to discuss the activities of the AASB and related matters. Read the full report for more information. 

July 15, 2021

Meeting Summary

AASB Decision Summary – July 15, 2021

The AASB discussed issues related to the IAASB’s project on audit evidence and fraud. The Board also reviewed a draft Canadian discussion paper on audits of less complex entities.

July 12, 2021

Meeting Summary

Private Enterprise Advisory Committee Notes – May 26, 2021

At its recent meeting, the Committee discussed interest rate benchmark reform and financial reporting by private enterprises during the COVID-19 pandemic. Read the meeting notes for full details.

July 12, 2021

Meeting Summary

Not-for-Profit Advisory Committee Notes – June 22, 2021

At its recent meeting, the Committee discussed contributions, interest rate benchmark reform, the AcSB’s 2022-2027 Draft Strategic Plan, and much more. Read the meeting notes for full details.

July 8, 2021

News

Concepts Underlying Financial Performance – Exposure Drafts Close for Comment

PSAB has received a significant number of response letters to two Exposure Drafts that closed for comment on June 30, 2021 as part of our current Concepts Underlying Financial Performance project.

July 7, 2021

Meeting Summary

AASOC Public Meeting Report – April 26, 2021

The Council met on April 26, 2021 to receive an update on the Independent Review Committee of Standard Setting. Read the full report for more information.