Revised – AcSB Due Process Manual
Jan 31, 2022
On January 31, 2022, the Accounting Standards Board (AcSB) issued a revised version of its Due Process Manual. The changes were made to clarify certain processes and better support the Board in responding to stakeholder needs on a timely basis.
Specifically, the changes relate to:
- establishing a clear due process for Accounting Guidelines;
- clarifying the process for when a Board member dissents on issuing a consultation paper, an Exposure Draft, a new standard or an amendment; and
- modifying the length of the comment period for Exposure Drafts.
Review the press release and manual on the AcSB's website.