AcSB developed a framework in the 2023-2024 fiscal year to respond to interested and affected parties needing additional guidance when applying Parts II and III of the Handbook. The AcSB will focus in 2024-2025 on implementing this framework.
AcSB will review its standards (ASPE & IFRS) to improve their relevance for users and address feedback on scalability and emerging issues. They will collaborate with the Canadian Sustainability Standards Board (CSSB) and the International Accounting Standards Board (IASB) to ensure Canadian perspectives are reflected in international standards. To further engage with stakeholders, they are planning to increase the number of in-person events, fostering meaningful discussions on critical accounting issues.
Access the annual plan on the AcSB’s website.