AcSB Exposure Draft – Clarifications to Sections 1591 and 3056


As reported by The Standard.

This Exposure Draft reflects proposals made by the Accounting Standards Board (AcSB).

Individuals and organizations are invited to send written comments on the Exposure Draft proposals.

Comments are requested from those who agree with the Exposure Draft as well as from those who do not.

Comments are most helpful if they are related to a specific paragraph or group of paragraphs. Any comments that express disagreement with the proposals in the Exposure Draft should clearly explain the problem and include a suggested alternative, supported by specific reasoning.

All comments received by the AcSB will be available on the website shortly after the comment deadline, unless confidentiality is requested. The request for confidentiality must be stated explicitly within the response.

Respondents are asked to email their comment letters (in a Word file) to::



Please address your comments to:

Rebecca Villmann, CPA, CA,

CPA (Illinois)

Director, Accounting Standards

Accounting Standards Board

277 Wellington Street West

Toronto, Ontario M5V 3H2


Get your voice heard!

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