Recently, a number of accounting standards-setting bodies released their annual reports. Read about last year’s activities from the Accounting Standards Oversight Council (AcSOC), Accounting Standards Board (AcSB), and the Pubic Sector Accounting Board (PSAB):
AcSOC 2019-2020 Annual Report – Adapting to A Changing World
How do you ensure the relevance and credibility of financial reporting while navigating pervasive global issues? It is a discussion taking place across the profession, the country, and internationally as we try to understand what these megatrends mean for standard setting. Read more about the work the AcSOC did over the past year and the oversight of the AcSB and PSAB.
Striking the Right Balance – AcSB 2019-2020 Annual Report
To meet the needs of stakeholders, this year the AcSB focused on striking the right balance between efforts to influence at an international level and domestic standard setting activities. Read about the AcSB’s 2019-2020 activities and accomplishments in this year’s Annual Report.
Paving the Way Forward – PSAB 2019-2020 Annual Report
This year PSAB focused on moving major projects forward and making decisions that will lead to Canada’s public sector accounting future. Read about PSAB’s 2019-2020 activities and accomplishments in this year’s Annual Report.