AcSB Due Process Activities – 2016 Changes to Part I

This document summarizes the due process activities the AcSB undertook in support of the changes made to Part I of the Handbook during 2016.


During 2016, the Accounting Standards Board (AcSB) approved and incorporated into Part I of the CPA Canada Handbook – Accounting, new or amended International Financial Reporting Standards (IFRSs) issued by the International Accounting Standards Board (IASB).

The AcSB has approved for publication the contents of this document summarizing the due process activities it undertook in support of the changes made to the IFRSs in Part I during 2016.

The IASB’s Basis for Conclusions document for each IFRS includes the IASB’s rationale for developing or amending the IFRS, as well as the factors and considerations that led it to conclude as it did on the technical issues relating to the IFRS. This document does not replicate that information.

March 2017

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