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AcSB Decision Summary – February 11, 2015 - Improvements to Not-for-Profit Standards

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Feb 26, 2015

On February 26, 2015, the Accounting Standards Board released an executive summary of discussions and decisions with respect to the topics addressed at this meeting.

The AcSB continued its discussion of the key issues raised by respondents to the April 2013 joint AcSB/PSAB Statement of Principles, "Improvements to Not-for-Profit Standards." The AcSB discussed:

  • various approaches for addressing each of the principles; and
  • the next steps to be undertaken, including collaboration with the Public Sector Accounting Board on this topic.

No decisions were made. The AcSB will continue its discussion with the Public Sector Accounting Standards Board in a joint meeting in March 2015.

Read the executive summary.

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