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Standard setting during the COVID-19 pandemic – June 2020 Update

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Jun 02, 2020

On June 2, 2020, the Accounting Standards Board (AcSB) released a statement from the Chairs of the AASB, AcSB and PSAB that gives an update on the decisions they have made on resource development, effective date deferrals, and comment deadline extensions.

As the COVID-19 pandemic and its effects in Canada continue to evolve, the standard-setting boards have focused discussions on ensuring stakeholder needs are addressed. Recent decisions have focused on alleviating pressure as you navigate these challenging and uncertain times.

Review the statement on the AcSB’s website.

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