This document summarizes the due process activities the AcSB undertook in support of the changes made to Part I of the Handbook during 2016. Foreword 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
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Do you represent or advise a Canadian private enterprise, or are you a user of private enterprises’ financial reports? Get to know the latest financial reporting developments that may change your financial statements. Tune in to this webinar on May 9, 2017 (English) or May 10, 2017 (French) to get the latest updates on the AcSB’s projects for Redeemable Preferred
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Costs are usually allocated either for decision making, valuation, or cost reimbursement. There are three steps when it comes to the traditional approach of cost allocation, and that is to first accumulate costs within a production department or a non-production one, then allocate the costs from the latter to the production department. The final step comes in the form of
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The AcSB has issued an Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. Stakeholders are encouraged to submit their comments by April 12, 2017. Annual Improvements to IFRS Standards 2015 – 2017 Cycle February 2017 COMMENTS TO THE IASB AND THE AcSB MUST BE RECEIVED BY APRIL 12, 2017 Respondents are asked to email their comment
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Tune in to this webinar on April 6, 2017 (English) or April 13, 2017 (French) to learn about PSAB’s new Exposure Draft on asset retirement obligations. We outline proposals regarding recognition, measurement, presentation and disclosure of obligations associated with the retirement of tangible capital assets. As reported by The Standard. Free 1 CPD hour(s) Pricing & registration You will learn about:
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TheGAAP.net & TFN Present: FLEXSOURCING: THE NEW WORK WORLD On Tuesday; February 28, 2017 Sponsored by: Jeff Gregory of Desjardins Financial Security Investments Inc. Free Raffel Prize: Garmin Dash Cam 35 Over 90% of the businesses in Canada have fewer than 100 employees. In the past 20 years, how we work has changed dramatically. Long ago, Western
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You have made the decision to buy a new insurance policy or add to your existing portfolio, which isn’t always the easiest of processes. One of the decisions you’ll now have to make, after finally deciding on how much coverage and what provider to place your business with, is when are you going to pay your insurance premiums. Annual and
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TheGAAP.net & TFN Present: Tips While In Transition And How To Manage Transition In The Future On Tuesday; January 31, 2017 Sponsored by: Jeff Gregory of Desjardins Financial Security Investments Inc. “Being in Transition, or better yet, Avoiding Transition.” We have organized a panel of Senior CFO’s from our TFN network who will provide
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The IASB has issued final amendments to three IFRSs as part of its Annual Improvements project. The amendments have varying effective dates. As reported by The Standard. International Accounting Standards Board issues minor changes to IFRS Standards 08 December 2016 Page Content The International Accounting Standards Board (the Board) has today issued several amendments to IFRS Standards and an Interpretation that
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The International Accounting Standards Board (the Board) has today issued several amendments to IFRS Standards and an Interpretation that clarifies the requirements in particular Standards. These changes are part of the Board’s process to maintain IFRS Standards. As reported by The Standard. The changes include: annual improvements to IFRS Standards—these are minor amendments that clarify, correct or remove redundant wording in
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