Dates and location
Hours
Dates and location
Hours
Description
This course provides a review of Section 3065 with emphasis on the classification, recognition and measurement of capital and operating leases by the lessee, and accounting for lease inducements and modifications. The course supports a deeper understanding of how lease requirements apply in practice and strengthens participants’ ability to interpret and apply the standard effectively.
Topics include:
- Core ASPE lease concepts, such as whether a lease transfers the risks and rewards of ownership from both the leasee and lessor perspectives, the determination of whether there has been a lease modification and how to account for it, and recognition and measurement of different types of incentives.
- Key disclosure areas for leases.
- Overview of foundational topics related to operating, financing and sales-type leases from the perspective of the lessor.
- Illustrative examples, exercises, and sample disclosures that reinforce participants’ understanding of the practical application of ASPE – Leases.
NOTE: This course description has been revised and reflects updates for 2026. If you have any questions, please contact pdevents@cpaontario.ca.
To access your course, visit the CPA Ontario Blackboard site and sign in using the same username and password used for the Registration Portal.
Important: Course access begins on the date of purchase and remains available for the Access Time specified for the course under Dates and Location. Please review the access time before purchasing. Note that it may take up to 15 minutes after registration for the course to appear in Blackboard.
Registration, cancellation, withdrawal, and other CPA Ontario PD policies can be found here.
Key Takeaways
By the end of this course, participants should be able to:
- Describe ASPE disclosure requirements for leases.
- Identify and explain recent updates to ASPE and their impact on financial reporting.
- Apply ASPE financial instrument concepts using examples that illustrate accounting presentation and disclosure considerations.
Who Will Benefit
Most accounting and tax professionals will acquire substantial gains from this course, especially:
- Practitioners seeking an overview financial instruments.
- Accounting and tax professionals working with private enterprises or not‑for‑profit organizations.
- Individuals looking to strengthen their knowledge of ASPE presentation and disclosure requirements.
Prerequisite(s)
- Participants should be familiar with the CPA Handbook – Accounting Part II.
How to Access the Course
To access your course in Blackboard, please follow these steps:
- Go to https://pdlms.cpaontario.ca
- Select ‘Ontario’ from login menu
- Sign in using the same login credentials used to register for the course
- Navigate to your course to access the content
Important: Your course access time begins on the date of purchase and remains available for the duration noted above. Please note that it may take up to 15 minutes after registration for the course to appear in Blackboard.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.