Accounting in Canada

Accounting standards

Accounting Standards Board, Canada (AcSB)
Body responsible for developing and issuing local accounting standards. Also known as the Conseil des Normes Comtables (CNC).

Accounting Standards Updates by Jurisdiction: Canada
Updates from Deloitte's IAS Plus service.

IFAC profile: Canada
Profile of the legal and regulatory environment, including information on the statutory framework for accounting and auditing, regulation of the profession and adoption of international standards.

Accountancy associations and networks

• Financial Reporting and Assurance Standards Canada 
• Chartered Professional Accountants Canada (CPA Canada)
• Ordre des Comptables Professionnels Agréés du Québec (CPA Québec)

For regional organisations and networks, see our list of international accountancy bodies. 

Comparisons

ASPE – IFRS: A companion series
BDO Canada
A series of 18 guides comparing Canadian Accounting Standards for Private Enterprises (ASPE) with IFRS. They highlight the contrasts between each standard, identifying specific areas where entities may encounter measurement, classification and presentation differences. The guides are grouped by the level of difference: significant, major, minor and converged.

Model financial statements

Models and checklists – Canada
Example accounts and checklists produced and regularly updated by Deloitte member firms to help users prepare reports in compliance with local GAAP.

ICAEW contact members

Contact member in Canada
ICAEW’s network of Contact Members around the world are a point of contact for enquiries and act as ambassadors in promoting ICAEW's strategy and brand in each region.

IFRS adoption

Use of IFRS standards by jurisdiction: Canada
Country profile prepared by the IFRS Foundation with notes on the extent of IFRS application, relevant jurisdictional authority, IFRS endorsement and translation of standards.

Online articles

The Library provides access to leading business, finance and management journals. These journals are available to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use. 

Articles and books in the Library collection

Selected books

Each selected book features specific accounting information on this country or territory; click on the links for more details. Alternatively, contact us if you have a particular enquiry or need further help consulting these titles.

International Corporate Procedures
LexisLibrary
This regularly updated database includes information on tax and accounting and features model company accounts. The model accounts are presented in the standard format for each country or territory with original language and English language versions presented together. Contact us to request documents from the database.

World Accounting
Kurt S Schulzke (ed.)
Each country or region entry contains sections on the framework of accounting (including the regulatory and standard setting regimes), individual accounting topics, auditing and appendices which can include commonly used terms and acronyms and example financial statements. This is a regularly updated looseleaf reference work in three volumes.

Find more resources

• View a list of articles and books in our collection on accounting in Canada

To find out how you can borrow books from the Library please see our guide to book loans. You can obtain copies of articles or extracts of books and reports by post or email through our document supply service.