Join us on July 14, 2016 in Truro, NS to help shape the future accounting for private enterprises involved in agricultural activities. As reported by The Standard. Understand the AcSB’s thinking and share your views about how to account for: biological assets (unharvested crops, animals held for sale, bearer plants, and bearer animals); and agricultural produce (harvested product of biological
Read more
The International Accounting Standards Board (the Board) today issued amendments to IFRS 2 Share-based Payment, clarifying how to account for certain types of share-based payment transactions. The amendments, which were developed through the IFRS Interpretations Committee, provide requirements on the accounting for: the effects of vesting and non-vesting conditions on the measurement of cash-settled share-based payments; share-based payment transactions with
Read more
Awards of Excellence in Corporate Reporting The Awards of Excellence in Corporate Reporting, presented annually by Chartered Professional Accountants of Canada (CPA Canada), are the most prestigious and coveted national awards of their kind in the country. The program has recognized the best reporting practices for more than 60 years and honours Canadian listed companies and Crown organizations. Unlike other
Read more
Community: Developing High-quality Standards Together Our Annual Report for the year ended March 31, 2016 provides the public with an account of our work done in serving the public interest by establishing accounting standards for the public sector. This year’s report includes the following highlights: PSAB Chair Rod Monette’s message, which highlights the extensive work done to grow our stakeholder
Read more
Canada’s Public Sector Accounting Board (PSAB) is seeking a new Chair. As reported by The Standard. PSAB establishes the accounting standards and other guidance for Canada’s public sector, published in the CPA Canada Public Sector Accounting Handbook.As the Chair, you will lead the strategic direction of PSAB. A visible and experienced member of the public sector accounting community, you will
Read more
The topics the Accounting Standards Board (AcSB) plans to discuss, in addition to routine updates, and anticipated actions, if any, are outlined below. Although current at the date prepared (June 2, 2016), this agenda is subject to change. As reported by The Standard. International Financial Reporting Standards International Activities Share results of recent discussions with other national standard setters, including
Read more
TheGAAP.net & TFN Present: Recruiter Night Sponsored by: Wise Riddell Financial Group RECRUITER NIGHT IS COMING JUNE 20, 2016!! TICKETS WILL GO FAST SO RESERVE BEFORE YOU MISS OUT This is an evening for TheGAAP.net and TFN members to speak with and hear from a host of recruiters. The recruiters are from
Read more
To be considered, comments must be received by July 1, 2016. 0% of survey complete. As reported by The Standard. About this survey Part of the Accounting Standards Oversight Council’s (AcSOC) mandate is to evaluate the performance of the Public Sector Accounting Board (PSAB) and publicly report its findings. To aid in the evaluation process, we are seeking input from PSAB’s
Read more
The AcSB has submitted a comment letter responding to the Office of the Superintendent of Financial Institutions’ Draft Guideline on IFRS 9 Financial Instruments and Disclosure. Responses to Other Documents for Comment The Accounting Standards Board (AcSB) may respond to a document issued for comment by other bodies when it relates to matters effecting financial reporting by Canadian entities. AcSB
Read more
COMMENTS TO THE AcSB MUST BE RECEIVED BY AUGUST 2, 2016: 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
Read more