This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Section 3240 - Share capital

Effective date:

January 1, 2011

Published by the AcSB:

December 2009


This Section establishes standards for acquisition and redemption of shares and disclosure of share capital. For additional standards, see Section 3856 Financial instruments. The requirements of this Section dealing with acquisition and redemption of shares need not be applied by open-ended investment companies. (Open-ended investment companies are described in Accounting Guideline AcG-18 Investment companies.)

History of Section 3240




December 2009

Part II of the CPA Canada Handbook issued

Effective for fiscal years beginning on or after January 1, 2011.

Note: The above summary does not include details of consequential amendments made as the result of other projects.

Private Enterprise Advisory Committee Meeting Notes

  • February 17, 2016 - 2017 Annual Improvements: Share Capital – Disclosure of Number of Shares Issued

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.