2012-07-05 FYI Accounting Standards - June 2012

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This Newsletter contains the June 2012 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 2012 edition includes the following topics:

Message from the Director

International Financial Reporting Standards

  • IFRS Discussion Group
    • New Chair and Members
    • Expanded Meeting Reports
    • Upcoming Meetings
  • IFRS Foundation Due Process Handbook
  • Shaping the Future: Lessons from Accounting Standards Leaders
  • “Toward a Measurement Framework for Financial Reporting” Research Paper Issued

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.