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AcSB Decision Summary – February 1 and 9, 2016

  • All - AcSB Image

Feb 16, 2016

On February 16, 2016, the Accounting Standards Board (AcSB) released an executive summary of discussions and decisions with respect to the topics addressed at these meetings.

The following topics were discussed:

International Financial Reporting Standards

  • Applying IFRS 9, Financial Instruments with IFRS 4, Insurance Contracts
  • Materiality Practice Statement

Standards for Private Enterprises

  • Enterprises Permitted to Apply Accounting Standards for Private Enterprises

Governance and Planning

  • AcSB Due Process
  • AcSB Strategic Plan

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

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