This course provides a review of the recognition, measurement, disclosure and presentation related to related parties, with emphasis on the initial and subsequent measurement of related party financial instruments, retractable or mandatorily redeemable shares, classification of related party balances on the balance sheet, and cash flow statement, accounting for business combination between related parties and presentation and disclosure. The course supports a deeper understanding of how requirements affecting related parties apply in practice and strengthens participants’ ability to interpret and apply the standard effectively. 

Topics include:

• Core ASPE financial instrument concepts, such as identification of related parties, recognition and measurement of related party financial instruments, and retractable or mandatorily redeemable shares.
• Overview of key disclosure and presentation areas for related parties, including cross-corporate guarantees, classification of related party balances on the balance sheet, and classification of changes in related party balances on the statement of cash flow.
• Overview of foundational topics, including accounting for business combinations between related parties.
• Illustrative examples, exercises, and sample disclosures that reinforce participants’ understanding of the practical application affecting related parties.

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.

By the end of this course, participants should be able to:

• Describe ASPE recognition, measurement and disclosure requirements affecting related parties.
• Identify and explain recent updates to ASPE and their impact on financial reporting.
• Apply ASPE related party concepts using examples that illustrate accounting presentation and disclosure considerations.