Related Party Combinations [Research]

Next steps:

The Board will discuss the project’s direction at a future meeting

Last updated:

May 2022


At its meet­ing on March 6-7, 2019, the AcSB discussed a project proposal to research related party combinations. The Board approved the project and decided that the research should include business combinations under common control, business combinations not under common control and combinations not considered a business (i.e., acquisitions of assets). It also decided that the research should focus on better understanding the types and purpose for different types of related party combinations, and the challenges with accounting for these transactions.

The AcSB directed the staff to form a working group of tax and assurance practitioners from across Canada that specialize in these transactions to assist in the research activities.

The AcSB also considered the interaction between this research project and its current combinations project for not-for-profit organizations. Accordingly, the Board directed the staff to include related party combinations that occur between not-for-profit organizations within the scope of this project’s research activities.


Other developments

December 2019

The AcSB staff updated its work plan for this project to note that the AcSB is currently carrying out research on related party combinations.

March 2019

At its meet­ing on March 6-7, 2019, the AcSB ap­proved a pro­ject to research related party combinations.

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