The Accounting Standards Board (AcSB) is proposing changes to the accounting for retractable or mandatorily redeemable shares issued in a tax planning arrangement. These changes will be through amendments to the Financial Instruments, Section 3856 in Part II of the CPA Canada Handbook – Accounting. AcSB is also proposing changes to Subsidiarie..
Put your voice forward! Do you or your clients use the private enterprise standards in Part II of the CPA Canada Handbook directly, or via the not-for-profit standards in Part III? Here’s your opportunity to influence the Accounting Standards Board (AcSB) on which topics to prioritize in determining if and when to undertake Part II projects. Comp..
Comments Needed! There are four current Exposure Drafts that may be of interest to Alberta CPAs. Three, from the International Ethics Standards Board (IESBA), deal with ethics, and the fourth, from the Accounting Standards Board (AcSB), deals with not-for-profit standards. Alberta CPAs are encouraged to take the time to review the Exposure Drafts a..
Update from the CRA Do you use form RC59, Business Consent, to get online access to your business clients’ information in Represent a Client?..
The Accounting Standards Board (AcSB) has released its five-year strategic plan for 2016-2021, as well as its annual plan for 2016-2017...