FYI Article – Accounting for Investments: Are You Ready For the Changes?

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Apr 28, 2017

On April 28, 2017, the Accounting Standards Board (AcSB) released an article that provides an overview of the changes and includes links to resource materials for private enterprises applying the new guidance for the first time.

Are you a private enterprise preparing financial statements for an annual period beginning on or after January 1, 2016? If so, you are required to apply Section 1591, Subsidiaries, and Section 3056, Interests in Joint Arrangements.

Review the article on the AcSB's website.

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