This seminar will review recent and proposed revisions to Part III - Accounting Standards for Not-for-Profit Organizations (ASNFPO) and Part II Accounting Standards for Private Enterprises (ASPE) where applicable for NFPOs.
This seminar will provide an information update on recent revisions to the CPA Canada Handbook Part III, Accounting Standards for Not-for-Profit Organizations (ASNFPO). In addition, revisions will be discussed to Part II, Accounting Standards for Private Enterprises (ASPE) where they are applicable to NFPOs.
Participants will first be provided with an overview of changes to ASNFPO, followed by discussion of major projects and impact on NFPOs. Then the revisions and projects in ASPE are discussed that are applicable to NFPOs.
Participants will be able to utilize this information on proposed changes to the standards to provide guidance to NFPOs and board members.
The seminar is best suited to professionals who are involved in the preparation and analysis of financial statements using ASNFPO, practitioners who provide assurance on these financial statements and CPA's who volunteer on Boards for NFPOs.
- ASNFPO Standard
- Combinations, Initial Measurement and Related Disclosures
- Exposure Draft
- Contributions Revenue Recognition and Related Matters
- Consultation Paper
- Scaling the Standards
- Evaluating the Preface
- Financial Statement Concepts
- Matters NFPO Advisory Committee
- ASPE (where relevant NFPOs)
- Revenue Accounting Guideline
- AcG 20 Customer's Accounting for Cloud Computing Arrangements
NOTE: This course description has been revised and reflects updates for 2023. If you have any questions, please contact email@example.com.
Professionals who are involved in the preparation and analysis of financial statements for NFPO's and practitioners who provide assurance on these financial statements using ASNFPO.
Participants should be familiar with ASNFPO and ASPE.
Jules Hawkins, CPA, CA is a partner of Hawkins and Co. Accounting Professional Corp. www.hawkins-accounting.ca. He received his UK CA in England in 1996, and his Ontario CA in 2005. Before founding his own firm in 2014, Jules spent 20 years with Big 4 and regional-level firms, focusing on assurance. He has significant experience developing and teaching training courses in both the UK and Canada. Jules teaches advanced accounting courses at the University of Windsor, and serves on CPA Canada's SMP Advisory Committee. From 2011 through 2014, he was also Chief Financial Officer of Essex Angel Capital Inc., a TSX-Venture Exchange listed investment company.