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News from the Canada Revenue Agency UPDATED October 9, 2018
Public Practice - Key Dates for 2018/19
Toward a New Standard on Compilation Engagements
A new standard for Compilation Engagements has been proposed! The proposals would significantly change the communication attached to compiled financial information and could affect the way practitioners perform the engagement.

Take advantage of these resources to get informed:
- The Exposure Draft for CSRS 4200 Compilation Engagements was released on September 4, 2018. Download it from the FRAS Canada website.
- Register here to listen to a free webinar to learn more about the proposed standards and how you can provide input.
Accounting Standards for Agriculture Released For Comments
The Accounting Standards Board has issued an exposure draft on accounting for agricultural inventories and productive biological assets under Accounting Standards for Private Enterprise (Part II of the CPA Canada Handbook – Accounting). You can download the exposure draft from the Financial Reporting & Assurance Standards Canada website and provide comments by October 31, 2018.