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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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January 6, 2021

Meeting Summary

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January 6, 2021

Meeting Summary

AcSB Decision Summary – December 16, 2020

The Board discussed its Annual Plan, Cloud Computing, Sustainability Reporting, and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

January 5, 2021

International Activity

IASB Request for Information – Post-implementation Review of IFRS 10, IFRS 11, and IFRS 12

On December 9, 2020, the IASB issued a Request for Information as part of the post-implementation review of IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements, and IFRS 12 Disclosure of Interests in Other Entities. Post-implementation reviews are part of the IASB’s due process and help the IASB assess the effects of requirements on users of financial statements, preparers and auditors. Canadian stakeholders are encouraged to submit their comments to the IASB by May 10, 2021.

December 15, 2020

News

Comment Deadline Extended – AcSB Consultation Paper, Contributions – Revenue Recognition and Related Maters

The AcSB has extended the deadline to submit a comment letter from December 15, 2020 to December 31, 2020 for the Consultation Paper, Contributions – Revenue Recognition and Related Matters.

December 14, 2020

International Activity

IASB Discussion Paper – Business Combinations under Common Control

How do you account for business combinations under common control? The IASB recently issued its Discussion Paper - Business Combinations under Common Control. It includes proposals that aim to reduce the diversity in practice and improve the transparency and comparability of the reporting on such combinations. Have your say by responding to the IASB directly by September 1, 2021 You can also share your feedback with the AcSB by connecting with the AcSB staff on this project. We will consider your comments prior to finalizing our comment letter.

December 14, 2020

Meeting Summary

AASOC Public Meeting Report – September 30, 2020

The Council met on September 30, 2020 to receive an update on the Board’s activities. Read the full report for more information.

December 14, 2020

Meeting Summary

AASB Decision Summary – December 14, 2020

The Board reviewed draft response letters to the IAASB Discussion Paper on Fraud and Going Concern and the IFRS Foundation Trustees Consultation Paper on Sustainability Reporting. The Board also discussed the recommendations in the Monitoring Group publication Recommendations to Strengthen the International Audit and Ethics Standard Setting System.

December 11, 2020

Meeting Summary

AASOC Public Meeting Report – June 22-23, 2020

The Council met on June 22-23, 2020 to receive an update on the Board’s draft Strategic Plan as well as the Board’s 2019-2020 Performance Report. Read the full report for more information.

December 11, 2020

Meeting Summary

PSAB Decision Summary – December 11, 2020

At its recent meeting, the Board discussed the International Strategy project and PSAB’s response to the Consultation Paper on Sustainability Reporting by the Trustees of the IFRS Foundation. Read the Decision Summary for full details.

December 10, 2020

Meeting Summary

PSAB Decision Summary – December 10, 2020

At its recent meeting, the Board discussed the Employment Benefits project, the 2021-2022 Annual Plan and Risk Assessment, and the Interim Performance Report. Read the Decision Summary for full details.