Part II Prioritization Survey - AcSB

Date recorded:

At its meeting on September 20-21, 2017, the AcSB discussed the results of the survey. The Board was pleased with the number of responses and the broad range of backgrounds represented by survey respondents. The Board also acknowledged the time and effort taken by stakeholders in providing detailed commentary and found the insights helpful in its deliberation process. After considering feedback from the survey and other consultations, the Board decided that three topics should be prioritized for further research in addition to its research activities on Section 3400, Revenue. The Board directed staff to seek input from its Private Enterprise Advisory Committee on these topics before it makes a final decision. The Board also discussed the interaction of its research activities with Section 1000, Financial Statement Concepts. The Board decided that a review of financial statement concepts in Part II and Part III is warranted in context of its other research activities.

Review the Executive Summary on the AcSB's Web site.

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