2010-04-07 FYI Accounting Standards - March 2010

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This Newsletter contains the March 2010 edition of the CICA FYI Accounting Standards Report.

The Accounting Standards Board ("AcSB") and staff of the CICA periodically publish a report outlining the status of current projects and related activities.

The March 2010 edition includes the following topics:

Message From the Chair

Handbook Structure

International Financial Reporting Standards

• Consolidation Exemption for Investment Companies
• Extractive Activities
• Liabilities – Improving IAS 37

Private Enterprises

• Accounting Standards – Moving Forward

Not-for-Profit Organizations

• Proposed New Strategy

Document for Comment Deadlines

A PDF version of the report is available here. This information may be useful for audit committee reports and discussions with management on proposed accounting standards.