Course Description
ASPE came into effect in Canada in 2011.
It is a
change from the previous Canadian GAAP and is in many ways similar to IFRS.
However, where IFRS was intended to be used in Canada by public companies, ASPE
was intended as an alternative for private enterprises in Canada. Many of the
standards in ASPE provide options for companies that are meant to be simpler to
implement and more relevant and adaptable to the size of the business.
This CPE webinar
describes the concepts underlying the application of ASPE (Accounting Standards
for Private Enterprises) in accounting for stock-based compensation and other
stock-based payments in general-purpose financial statements for private
enterprises and many of the required disclosures. Financial statements for
private enterprises (ASPE) are designed to meet the common information needs of
external users of financial information about a private entity.
This CPEcourse for canadians describes what specific rules are used for including stock-based
compensation and other stock-based payments in the financial statements. It is
a resource that will help preparers of financial statements and accounting
practitioners in exercising their professional judgment as to the recognition,
measurement, and disclosure of stock-based compensation and other stock-based
payments under ASPE.
The Speaker of this CPE webinar Michel
Morley will
outline an easy-to-understand step-by-step procedure for including stock-based
compensation and other stock-based payments and examine the many factors that
private companies need to carefully consider when implementing this aspect of
ASPE.
Learning Objectives
- To discuss basic concepts, scope, and applicability of ASPE of stock-based compensation and other stock-based payments.
- To plan the approach of stock-based compensation and other stock-based payments decision criteria.
- To analyze the impacts of stock-based compensation and other stock-based payments questions you need to ask.
- To inspect specific rules and provisions for ASPE of stock-based compensation and other stock-based payments disclosures.
- To explain limited exceptions permitted in ASPE.
- To analyze the disclosure and presentation requirements.
Recommended For
- This
CPD webinar is recommended for CPAs, Accounting, and auditing practitioners at
all levels who want to understand ASPE Stock-based
compensation and other stock-based payments.
Who Should Attend?
- Accounting and audit managers/practitioners
- Certified Management Accountant (CMA)
- Certified Public Accountant (CPA)
- Certified Valuation Analysts
- CPA (Industry)
- CPA - Mid Size Firm
- CPA in Business
- Young CPA
