AcSB Decision Summary – June 21-22, 2023
Start date:
End date:
Location: Toronto
In June 2023, the Accounting Standards Board (AcSB) released an executive summary of discussions and decisions with respect to the topics addressed at this meeting.
The following topics were discussed:
Standards for Private Enterprises and Not-for-Profit Organizations
- Revenue – Upfront Non-Refundable Fees
- Revenue – Application Issues with the Percentage of Completion Method of Revenue Recognition
- Insurance Contracts with Cash Surrender Value
Review the Executive Summary on the AcSB's Web site.