CPA Canada is presenting this free Webinar as follows: “Tune in to this webinar on July 7, 2015 (English) or July 8, 2015 (French) to hear highlights of the AcSB 2016-2021 Draft Strategic Plan and how you can provide input to its finalization.” “At the Leading Edge of Financial Reporting – The AcSB’s Next Strategic Plan” The AcSB has invited everyone
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Standards for Public Sector Entities “Tune in to this webinar on June 22, 2015 (English) or June 29, 2015 (French) to learn about the third Consultation Paper issued by the Conceptual Framework Task Force.” as published by The Standard. CPA Canada goes on to say: A Conceptual Framework and Reporting Model for the Public Sector PSAB’s Conceptual
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Background: Issue of clarifying how entities classify debt, especially when it comes up for renewal was originally discussed in Annual Improvements to IFRSs (2010-2012 cycle) whereby amendments were proposed to clarify that a liability is classified as non-current if an entity expects, and has discretion, to refinance or roll-over the liability for at least 12 months (after reporting period end)
Read moreEric Turner has been promoted to the new Director, Auditing and Assurance Standards; effective on May 1, 2015. He has succeeded Greg Shields who retires as of July 31, 2015. For more than 20 years Eric has been with CPA Canada and its predecessor. During that time Eric has distinguished himself through effective staff support for many complex standard-setting initiatives.
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Reporting revolution! Significant changes to the auditor’s report are getting closer. The AASB plans international standards for auditor reporting in 2017. The Auditing and Assurance Standards Board (AASB)’s recent developments are bringing closer the reality of significant changes to the auditor’s report (form and content). Eric Turner, CPA, CA (Director, Auditing and Assurance Standards, CPA Canada) goes on to say
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AASB Decision Summary The Auditing and Assurance Standards Board (AASB) summary of decisions has been prepared for information purposes only. These decisions are tentative and reflect only the current status of discussions on projects and other matters. These might change after further deliberations by the AASB. Note: Decisions are final only after a formal voting process. These are a couple
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