AC Insights provides audit committee members with a summary of financial reporting developments for public companies using IFRS, how those developments might affect their company and things they may want to think about when reviewing financial reports. The insights are provided for developments to the end of the current quarter-end. Developments may occur subsequent to the quarter-end which change the guidance issued or perspectives on the guidance. Such changes will be reflected in subsequent editions of AC Insights.

COVID-19 uncertainties affect your financial reporting.  We know the virus has infected millions of people resulting in hundreds of thousands of deaths across the globe. We know the economy has been ravaged, and governments have committed enormous amounts of funds to support their citizens and businesses. But there is a lot we do not know. These unknowns have put unparalleled pressures on economies, markets, industries, and businesses in planning and reasonably predicting future courses of action.

The US edition has a US GAAP update section along with the article on COVID-19 and the CSA, SEC and Auditing update sections included in the Canadian edition.