2010-06-11 FYI Accounting Standards - June 2010

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This Newsletter contains the June 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 June 2010 edition includes the following topics:

• Message from the Chair
• Serving the Public Interest in Canada
• International Financial Reporting Standards
  • Conceptual Framework — The Reporting Entity
  • Consolidation Exemption for Investment Companies
  • Employee Benefits — Promises Revealed
  • Financial Instruments
  • Other Comprehensive Income
  • Progress on Rate-regulated Activities
• Pension Plans
  • Get Ready to Apply the New Standards
• Document for Comment Deadlines
• Upcoming AcSB Roundtable on Extractive Activities
• Archived Webinars

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