Research projects
- 2023 Annual Improvements to the IFRSs [Research]
- At its February 2023 meeting, the International Accounting Standards Board (IASB) discussed several proposed amendments that will be included in the next Annual Improvements to IFRS Accounting Standards cycle, as follows:
- Business Combinations – Disclosures, Goodwill and Impairment (Possible Amendments to IFRS 3 and IAS 36) [Research]
- This project examines whether companies can, at a reasonable cost, provide investors with more useful information about the business combinations those companies make
- Climate-related Risks in the Financial Statements [Research]
- The purpose of this project is to explore whether and how financial statements can better communicate information about climate-related risks.
- Equity Method (Possible amendments to IAS 28) [Research]
- The IASB is undertaking research to assess whether application problems with the equity method as set out in IAS 28, Investments in Associates and Joint Ventures, can be addressed in consolidated and individual financial statements by identifying and explaining the principles of IAS 28
- Evaluating the Preface to the CPA Canada Handbook – Accounting [Research]
- As part of the AcSB’s 2022-2027 Strategic Plan, the AcSB committed to evaluating the CPA Canada Handbook – Accounting’s Preface to assess whether the applicability of each framework to each reporting entity category meets current needs.
- Extractive Industries (Possible replacement of IFRS 6, Exploration for and Evaluation of Mineral Resources) [Research]
- The IASB is gathering evidence to help decide whether to start a project to develop proposals to replace IFRS 6, Exploration for and Evaluation of Mineral Resources.
- Pollutant Pricing Mechanisms (formerly Emissions Trading Schemes) [Research]
- The objective of the project is to develop comprehensive guidance on the accounting for emissions trading schemes.
- Provisions (Possible Amendments to IAS 37) [Research]
- The IASB is updating its IAS 37 research to decide whether to start a project to develop proposals to amend aspects of IAS 37 and, if so, which aspects of IAS 37 to amend.