2012-08-23 FYI Accounting Standards - August 2012

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

Message from the Director

New Accounting Standards Board Chair Sought 

International Financial Reporting Standards 

  • IFRS Discussion Group
    • July 2012 Meeting
    • Upcoming Meeting
  • Investment Companies: Are You Preparing for the Changeover to IFRSs?
  • Segment Reporting: Can We Improve It?

Private Enterprises and Not-for-Profit Organizations

  • Private Enterprise Standards: 2012 Improvements

Pension Plans

  • Pension Plans: Crystal Clear

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.