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FYI Article – Breaking New Ground: AcSB Sets Up Agriculture Advisory Group!

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May 17, 2017

On May 17, 2017, the Accounting Standards Board (AcSB) released a summary describing the function of the new Agriculture Advisory Group.

The AcSB continues to gather information to understand the views of stakeholders in the agriculture sector including users, preparers and practitioners. There is a need for guidance because of the different ways similar items are reported in the financial statements of agriculture producers.

The Agriculture Advisory Group was set up to provide input on agriculture guidance being developed.

Review the article on the AcSB's website.

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