Financial Reporting and Regulatory

View this page in: Français

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.

2014-01-20 CPAB proposal for transparency to audit committees
The Canadian Public Accountability Board ("CPAB") has proposed a process to provide audit committees with transparency into inspection results when their company's audit has been subject to inspection by CPAB.

2013-11-07 PSAB Matters – October 2013
This Newsletter contains the PSAB Matters bulletin for October 2013.

2013-08-27 Two significant proposals on auditor's report changes
The IAASB (International Auditing and Assurance Standards Board) and PCAOB (the Public Company Accounting Oversight Board in the US) have recently issued significant proposals regarding changes to the auditor's report.

2013-08-23 PSAB Matters – August 2013
This Newsletter contains the PSAB Matters bulletin for August 2013.

2013-07-11 Improving forward-looking information disclosures
The Ontario Securities Commission has released a review of reporting issuer's forward-looking information disclosures. This short publication reviews the regulatory requirements over forward-looking information and discusses the OSC's findings.

Pension Industry Trends
In January 2013, members of our Audit and Assurance Group gave a presentation to various public sector pension plans.

2013-05-03 Market value: Professional investors’ views about financial reporting in Canada
‘Market value: Professional investors’ views about financial reporting in Canada’ shares investors' views on current issues such as the transition from Canadian GAAP to IFRS for public companies.

2013-05-09 FYI Accounting Standards - April 2013
This Newsletter contains the April 2013 edition of the CICA FYI Accounting Standards Report.

2013-05-09 PSAB Matters - April 2013
This Newsletter contains the PSAB Matters bulletin for April 2013.

2013-04-04 Audit Committee Working Group discussion paper
This newsletter provides information on PwC Canada's views on recommendations surrounding the role of the Audit Committee.

2013-03-13 FYI Accounting Standards - February 2013
This Newsletter contains the February 2013 edition of the CICA FYI Accounting Standards Report.

2013-02-07 FYI Accounting Standards - Special Edition 2012
This Newsletter contains the Special Edition 2012 of the CICA FYI Accounting Standards Report.

2013-02-07 PSAB Matters - February 2013
This Newsletter contains the PSAB Matters bulletin for February 2013.

2012-10-18 FYI Accounting Standards - October 2012
This Newsletter contains the October 2012 edition of the CICA FYI Accounting Standards Report.

2012-09-05 New SEC requirements - September 2012
This newsletter highlights three new requirements for SEC Registrants relating to the use of conflict minerals, payments made to governments by resource extraction issuers and certain disclosures relating to companies with transactions with Iran.

2012-07-31 CSA Staff Notice 51-337 - Continuous Disclosure Review Program Activities for the Fiscal Year ended March 31, 2012
Each year the Canadian Securities Administrators (CSA) release summaries of the results of their continuous disclosure reviews of reporting issuers. This newsletter highlights the activities of the CSA for their year ended March 31, 2012.

2012-05-01 Audit committees - tomorrow and beyond, Global regulatory trends
This newsletter discusses global audit reforms currently proposed by regulators and the potential impact on audit committees in Canada.

2012-03-29 OSC’s Identifies Concerns and Recommendations for Emerging Market Issuers
On March 20, 2012 the Ontario Securities Commission released the results of its initial review into emerging market issuers. This newsletter summarizes the key concerns and recommendations highlighted in the report.

2012-01-03 SEC Announces Changes to Policy of Review of Confidential Submissions by Foreign Private Issuers
This newsletter contains a short publication outlining recent changes to SEC policies regarding confidential submissions by foreign private issuers.