This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

2017 Annual Improvements - PEAC

Date recorded:

At its meeting on June 14, 2016, the Private Enterprise Advisory Committee (PEAC) recommended that the AcSB include the following items in the 2017 Annual Improvements process: (i) Foreign Currency Translation – Reversal of Previously Recorded Write-downs of Inventory; (ii) Balance Sheet – Presentation of Assets Leased under Capital Lease; and (iii) Accounting Changes –Disclosure of Adjustments when Applying and Accounting Policy Change.  In addition, the PEAC recommended that the AcSB address the following item outside of the annual improvements process: Impairment – Allocation of an Impairment Loss.

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.