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Summary of the March 2019 GPF meeting
Apr 18, 2019
On April 18, 2019, the International Accounting Standards Board (the Board) posted the minutes of the meeting of the Global Preparers Forum (GPF) with representatives of the IASB held in London on March 22, 2019.
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Integrated reporting FAQ
Apr 17, 2019
In April 2019, the International Integrated Reporting Council (IIRC) published a set of answers to some of the most frequently asked questions, as corporate reporting is being reformed worldwide to embrace the concept of integrated reporting.
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Updated IASB work plan — Analysis
Apr 12, 2019
On April 12, 2019, the International Accounting Standards Board (the Board) updated its work plan following its April 2019 meeting. Eight exposure drafts are expected to be published in June 2019.
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In-Brief podcasts – Quality management
Apr 12, 2019
On April 12, 2019, the Auditing and Assurance Standards Board (AASB) released two podcasts on Quality Management at the firm and engagement Level.
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AcSB Insurance Transition Resource Group Meeting Notes – March 26, 2019
Apr 12, 2019
On April 12, 2019, the Accounting Standards Board (AcSB) released a summary of its Insurance Transition Resource Group meeting held on March 26, 2019.
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IASB podcast on recent IFRS 17 discussions
Apr 12, 2019
On April 12, 2019, the International Accounting Standards Board (IASB) released a podcast reporting on the discussions at two recent meetings on IFRS 17, "Insurance Contracts".
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IASB issues "Investor Update" newsletter
Apr 10, 2019
On April 10, 2019, the International Accounting Standards Board (the Board) issued the eighteenth edition of its newsletter "Investor Update", which provides investors with quick access to information about current accounting and financial reporting topics.
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IASB concludes discussion of possible amendments to IFRS 17, gives permission to develop an ED
Apr 09, 2019
On April 9, 2019, at its meeting held in London, the International Accounting Standards Board (the Board) discussed as a whole the amendments to IFRS 17 that the Board tentatively decided to propose and confirmed that it wishes to proceed with an exposure draft to amend IFRS 17.
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AASB Exposure Draft – Quality Management at the Firm and Engagement Level, Including Engagement Quality Reviews
Apr 05, 2019
On April 5, 2019, the Auditing and Assurance Standards Board (AASB) issued an Exposure Draft proposing the adoption of ISQM 1, ISQM 2 and ISA 220 (Revised), with appropriate Canadian amendments, if any. Stakeholders are invited to comment until June 7, 2019.
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Insurance contracts transition resource group holds fourth technical meeting
Apr 04, 2019
On April 4, 2019, the Transition Resource Group (TRG) for Insurance Contracts held its fourth technical meeting.
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The path forward: What’s next for your private company?
published Apr 26, 2019
In an era of tax reform, evolving trade policies, and capital markets shifts, many private and mid-size company owners and executives are weighing their strategic, go-forward options. What are important factors to consider in the decision?
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Economic outlook April 2019: Shake, rattle, and stall
published Apr 15, 2019
Our third quarterly economic outlook depicts the contraction of world economic expansion and weakening of global trade, with the slowdown affecting both developed and emerging markets. In Canada, the economy slowed from 3.0 percent in 2017 to just 1.8 percent in 2018, stalling as the year ended.
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Deloitte comment letter on the IASB's proposed amendments to IAS 37
published Apr 15, 2019
We have responded to the IASB's exposure draft ED/2018/2 “Cost of Fulfilling a Contract (Proposed amendments to IAS 37)” that was published in December 2018.
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In-Brief podcasts – Quality management
published Apr 12, 2019
The AASB released two podcasts on Quality Management at the firm and engagement Level.
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Diversity in the boardroom: Filling in the missing pieces
published Apr 11, 2019
A critical need for inclusive leadership, shifting US demographics, and US investor pressure have increased the focus on diversity in the C-suite and on public company boards. What benefits could gender, racial, and ethnic diversity bring to boardroom discussions?
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Canadian tax alert: 2019-2020 Ontario budget highlights
published Apr 11, 2019
The Minister of Finance, Victor Fedeli, presented the 2019-2020 Ontario budget in the Legislative Assembly this afternoon. This year’s budget is projected to be a deficit and is focused on health care, child care, and education.
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Canada’s AI imperative: Overcoming risks, building trust
published Apr 10, 2019
AI has the potential to be the catalyst for an era of unprecedented innovation, progress, and prosperity. Yet Canadians still do not truly understand AI, or see how its benefits outweigh the risks. We heard concerns about AI’s impact on privacy, security, bias, consumer protection and more – Canadians are looking to business and government leaders to provide answers and solutions to those questions. Left unaddressed, this lack of trust could have a serious impact on Canada’s future prosperity.
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Navigating annual reporting
published Apr 02, 2019
This publication includes questions directors may ask management regarding their annual financial filings to ensure that an appropriate level of challenge is given.
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Communicating Key Audit Matters in the Auditor’s Report
published Mar 29, 2019
Watch this easy-to-understand video that takes you through the key aspects of AASB’s Exposure Draft, Communication of Key Audit Matters in the Auditor’s Report.
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CPAB Quality Insights Report: 2018 Inspections Results
published Mar 29, 2019
CPAB continues to work with stakeholders on several critical audit quality matters that should also be top of mind for directors of public companies, including regulatory access to audits done in foreign jurisdictions, the growing number of reporting issuers with crypto-assets in the Canadian market, and the automation of the audit.
