Published: April, 2022
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 CPD webinar describes the concepts underlying the application of ASPE (Accounting Standards for Private Enterprises) in preparing 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 CPD course describes what specific rules are used for disclosing accounting policies.
This CPD webinar is a review that will help preparers of financial statements and accounting practitioners in exercising their professional judgment as to the disclosures of accounting policies in many critical areas.
In this CPD webinar speaker, Michel Morley outlines an easy-to-understand step-by-step procedure for applying and disclosing accounting policies and examines the many factors that private companies need to carefully consider when implementing ASPE.
Major Topics Covered in this CPD webinar for Canadian CPAs:
This CPD webinar is recommended for CPAs, Accounting, and auditing practitioners at all levels who want to understand about disclosures of accounting policies of the Accounting Standards for Private Enterprises (ASPE).
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Founder, Mike Morley
Mike Morley is a Certified Public Accountant and a recognized authority in the field of finance with more than 25 years experience in finance, including SOX and IFRS implementation.
An entertaining and informative speaker and trainer, Mike is the author of:
“IFRS Simplified” which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.
“Sarbanes-Oxley Simplified” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.
“Financial Statement Analysis Simplified” which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.