IFRS and other Accounting Developments

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PSAB Matters - November 2014
This Newsletter contains the PSAB Matters bulletin for January 2014.

IFRS - Canada (Part I) What audit committees need to know about the new revenue standard
This newsletter provides a link to the Revenue revolution - What audit committees need to know about the new revenue standard. Companies that earn revenue and apply IFRS or US GAAP are about to face a major change as the accounting requirements for revenue change effective 2017. They need to act now.

New standard on accounting for joint arrangements – a significant change for the real estate and construction industry Accounting
This Newsletter contains an ASPE Bulletin which discusses the new standard Section 3056 Interests in Joint Arrangements, which overhauls the existing accounting for joint arrangements under Accounting Standards for Private Enterprises and why it is significant for the real estate and construction industry.

Accounting Standards For Private Enterprises (ASPE - Part II)
This newsletter contains the Financial Reporting Release - Private Enterprises Edition. ASPE topics covered in this issue include: Subsidiaries, Joint arrangements, Employee future benefits, Discontinued operations, Redeemable preferred shares in tax planning arrangements, and Other changes.

ASPE Exposure Draft - Redeemable Preferred Shares Issued in a Tax Planning Arrangement
This Newsletter summarizes the main features of the ASPE exposure draft recently issued by the Accounting Standards Board on Redeemable Preferred Shares Issued in a Tax Planning Arrangement.

Closing the GAAP: New IFRS Pronouncements (includes developments to September 30, 2014)
Revenue from contracts with customers - 2014 global accounting and financial reporting guide

AcSB Issues New and Amended Standards on Interests in Joint Arrangements and Investments
The Accounting Standards Board (AcSB) has issued the new Section 3056, Interests in Joint Arrangements and amendments to Section 3051, Investments, in Part II of the CPA Canada Handbook (ASPE).

AcSB Issues New Standard on Subsidiaries
The Accounting Standards Board (AcSB) has issued the new Section 1591, Subsidiaries in Part II of the CPA Canada Handbook (ASPE). This section replaces Section 1590, Subsidiaries, and AcG-15, Consolidation of Variable Interest Entities.

Keeping your head above water: Recent issues in financial reporting – August 2014
The state of the GAAP convergence includes Revenue from contracts with customers, Financial instruments, Impairment of loans and trade receivables and more.

The first edition of Revenue from contracts with customers - 2014 global accounting and financial reporting guide
Revenue from contracts with customers - 2014 global accounting and financial reporting guide

IFRS 9: Classification and measurement
On 24 July 2014 the IASB published the complete version of IFRS 9, ‘Financial instruments’, which replaces most of the guidance in IAS 39.

PSAB Matters - August 2014
This bulletin includes a message from the Chair, Rod Monette, and discussions on Handbook Section.

AC Insights - Summer 2014 Canada Edition
This Newsletter includes the IFRS and US GAAP Summer 2014 editions of AC Insights which provide audit committee members with a summary of financial reporting developments for public companies using IFRS or US GAAP, how those developments might affect their companies and things they may want to think about.

AC Insights - Summer 2014 US Edition
This Newsletter includes the IFRS and US GAAP Summer 2014 editions of AC Insights which provide audit committee members with a summary of financial reporting developments for public companies using IFRS or US GAAP, how those developments might affect their companies and things they may want to think about.

2014-07-14 - In depth (formerly "Practical guides to IFRS")
PwC's "In depth" series (formerly "Practical Guides") provides updates on guidance in recently released discussion papers, exposure drafts and final standards from the IASB. Recently issued publications cover IFRS 7 and IFRS 13 disclosures as well as new requirements related to revenue recognition (along with supplements by industry).

Closing the GAAP: New IFRS Pronouncements (includes developments to June 30, 2014)
This newsletter presents a summary of new IFRS pronouncements relevant to financial statements prepared in accordance with IFRS (includes developments to June 30, 2014).

New Developments in Venture Issuer Reporting
Venture issuers could benefit from significantly reduced continuous disclosure requirements, if new proposals published by the Canadian Securities Administrators (CSA) this May are implemented. This short publication outlines the key proposals.

Revenue recognition — the future is here
On May 28, the FASB and IASB issued their long-awaited converged standard on revenue recognition.

2014-04-15 Implementation of New Disclosure Requirements by FSCO
Disclosure Expectations for Pension Plan Financial Statements Filed in Ontario For years ending on or after July 31, 2013.

2014-04-01 PSAB Matters - April 2014
This Newsletter contains the PSAB Matters bulletin for April 2014.

2014-02-10 PSAB Matters - January 2014
This Newsletter contains the PSAB Matters bulletin for January 2014.

Revenue from contracts with customers - The standard is final: A comprehensive look at the new revenue model
The FASB and IASB have issued their long-awaited converged standard on revenue recognition. The newsletter contains an electronic copy of our "In depth" publication that can be shared with clients. Accompanying this In depth is an initial release of industry-specific supplements with examples and further insights.

2014-01-10 FYI Accounting Standards - Special Edition 2013
This Newsletter contains the Special Edition 2013 of the CICA FYI Accounting Standards Report.

2013-12-18 Practical Guides to IFRS
PwC's 'Practical guides to IFRS' series provides updates on the guidance in recently released discussion papers, exposure drafts and final standards from the IASB.

2013-11-12 FYI Accounting Standards - September 2013
This Newsletter contains the September 2013 edition of the CICA FYI Accounting Standards Report.

2013-11-07 CSA and OSC's observations and recommendations for future reporting under IFRS
Both the Canadian Securities Administrators (CSA) and the staff of the Ontario Securities Commission (OSC) released reports on their observations from their continuous disclosure review programs conducted during their most recent cycles.

2013-10-10 New Disclosures in 2013 Annual Financial Statements
This series of 5 newsletters illustrates and explains significant new disclosure requirements for 2013 annual financial statements.

2013-10-25 First-time IFRS annual financial statements, Investment funds - An illustration (Second Edition)
This Newsletter contains the second edition of illustrative first-time IFRS annual financial statements prepared to help investment funds transitioning from Canadian GAAP to IFRS.

2013-10-16 Impairments amended - Understanding changes to IAS 36
This newsletter discusses recent amendments to the disclosure requirements of IAS 36, Impairment of Assets, relating to the use of fair value less costs of disposal in impairment testing.

2013-10-10 Practical Guides to IFRS
PwC's 'Practical guides to IFRS' series provides updates on the guidance in recently released discussion papers, exposure drafts and final standards from the IASB.

2013-09-26 AcSB issues exposure draft - Consolidations (Part II)
This Newsletter summarizes the main features of the exposure draft recently issued by the Accounting Standards Board on Consolidations.

2013-09-26 AcSB issues exposure draft - Joint Arrangements and Investments (Part II)
This Newsletter summarizes the main features of the exposure draft recently issued by the Accounting Standards Board on Joint Arrangements and Investments.

2013-07-31 Practical Guides to IFRS
PwC's 'Practical guides to IFRS' series provides updates on the guidance in recently released discussion papers, exposure drafts and final standards from the IASB.

2013-07-10 AcSB Issues Exposure Draft - Reporting Employee Future Benefits by Not-for-Profit Organizations
This Newsletter summarizes the main features of the exposure draft recently issued by the Accounting Standards Board on Reporting Employee Future Benefits by Not-for-Profit Organizations.

2013-07-05 FYI Accounting Standards - June 2013
This Newsletter contains the June 2013 edition of the CICA FYI Accounting Standards Report.

2013-06-24 CICA Auditing and Assurance Bulletin - June 2013
This Newsletter contains the June 2013 edition of the CICA's Auditing and Assurance Bulletin.

2013-06-07 AcSB Issues New Standards on Employee Future Benefits, Section 3462
The Accounting Standards Board has issued new Section 3462, Employee Future Benefits, in Part II of the CICA Handbook – Accounting, replacing Section 3461. The new standard is effective for annual periods beginning on or after January 1, 2014.

2013-05-08 Practical Guides to IFRS
PwC's 'Practical guides to IFRS' series provides updates on the guidance in recently released discussion papers, exposure drafts and final standards from the IASB.

2013-05-13 First-time IFRS annual financial statements, Investment funds - An illustration
This Newsletter contains the illustrative first-time IFRS annual financial statements prepared to help investment funds transitioning from Canadian GAAP to IFRS.

2013-05-08 IFRS in practice - Commodity prices raise concerns over impairments
This newsletter contains the May 2013 edition of IFRS in practice.

2013-04-12 AC Insights - Spring 2013
This Newsletter includes the IFRS and US GAAP Spring 2013 editions of AC Insights.

2013-03-19 Disclosing the Fair Value of Financial Instruments in 2013 Interim Financial Statements
This Newsletter provides an overview of new and revised fair value disclosure requirements for financial instruments applicable in 2013 interim financial statements.

2013-03-07 Interim Reporting for New or Amended IFRSs Effective in 2013
This Newsletter contains our publication 'Interim Reporting for New and Amended IFRSs Effective in 2013.' This publication provides an overview of new IFRSs for 2013 including guidance and illustrative examples to assist in the adoption of the new standards.

2013-01-24 Practical Guides to IFRS
PwC's ‘Practical guides to IFRS’ series provides updates on the guidance in recently released discussion papers, exposure drafts and final standards from the IASB.

2012-11-29 AcSB staff releases guidance on newly issued IFRSs
This newsletter highlights aspects of the AcSB Staff recent Financial Reporting Commentary regarding the newly issued IFRSs and the early adoption and advance disclosure related issues.

2012-11-29 Practical Guides to IFRS
PwC's "Practical guides to IFRS" series provides updates on the guidance in recently released discussion papers, exposure drafts and final standards from the IASB.

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The partners and managers in National Accounting and Assurance.