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ASPE projects — Updated in the last 3 months | Deloitte CFR


Projects updated in the last three months:

Title Description Last step Date Added
Accounting for Related Party Financial Instruments and Significant Risk Disclosures (Proposed Amendments to Section 3856, Financial Instruments) [Completed] This project clarifies the scope of related party financial instruments, clarifies the measurement of related party compound financial instruments and amends the financial instrument risk disclosure requirements. Finalized standard Apr 30, 2020
Additional Guidance with respect to Section 3400, Revenue [Completed] The AcSB approved a project to address stakeholders’ issues about insufficient guidance on accounting for revenue in Section 3400, Revenue, in Part II of the Handbook. Completed Apr 30, 2020
Agriculture [Completed] The purpose of this project is to develop an accounting standard for agricultural activities. Finalized standard Apr 30, 2020
Employee Future Benefits – Use of a Funding Valuation [ED] This project will clarify the AcSB’s intent regarding the Stabilization Provision established in 2016 by Quebec’s pension regulator for private sector plans. Exposure draft Mar 31, 2020
Investments and Income Taxes (Proposed Amendments to Sections 3051 and 3465) [Completed] This project clarifies the applicability of the cost-method guidance in Section 3051, Investments; and revises and updates Section 3465, Income Taxes, to remove an outdated example and requires future income tax assets and liabilities to be presented as non-current. Completed Apr 30, 2020
Related Party Combinations [Research] The objective of this project is to better understand the different types of related party combinations undertaken by private enterprises and not-for-profit organizations. Mar 31, 2020

Correction list for hyphenation

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