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Purpose
Membership
Meetings
Additional information
The Accounting Standards Board (AcSB) established the IFRS Advisory Committee (IAC) in 2006 to provide
support to the AcSB on technical issues arising during the period of incorporation of IFRSs into Canadian
GAAP and beyond.
Purpose
The purpose of the IAC is to assist the AcSB in implementing its Strategic Plan for accounting standards
for Canadian public companies — that is, to replace the accounting standards in the CICA Handbook –
Accounting with International Financial Reporting Standards (IFRSs) — and to maintain those standards beyond
the changeover date to IFRSs.
Membership
Membership of the IAC comprises a Chair and 10-15 other members with a range of backgrounds and
experience, including preparers and auditors of public company financial reporting. Members are expected to
have a working knowledge of IFRSs. Current membership of the IAC can be viewed here.
Meetings
The IAC meets five or six times a year. At the discretion of the IAC Chair, meetings are generally open to
public observation. See Guidelines for
Observers.
The most recent Notice of Meeting (including agenda) can be viewed here.
- Reports on Public Meetings are posted here within one month of an IAC meeting.
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Additional Information
To obtain more information about the IAC, communicate issues to the IAC, or to be considered for
membership, contact:
Karen McCardle, CA
Principal,
Accounting Standards Board
277 Wellington Street West
Toronto ON M5V 3H2
Canada
By phone at +1 (416) 204-3465 or
By fax At +1 (416) 204-3412.
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