Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
NOTE: This course description has been revised and reflects updates for 2023. If you have any questions, please contact pdevents@cpaontario.ca
This seminar is for participants who want to keep up with accounting standard changes and projects. It will review recent revisions to Part II - Accounting Standards for Private Enterprises (ASPE), starting with an overview of the changes, followed by specific examples detailing their implementation. In addition, participants will receive practical guidance on common deficiencies in ASPE financial statements.
Course Description
The seminar is best suited to professionals who are involved in the preparation and analysis of financial statements for small- and medium-sized entities, and practitioners who provide assurance on these financial statements, who want to ensure they are aware of recent changes in ASPE standards and other hot topic areas. It will also create awareness of potential future changes in the standards by covering projects that are being worked on, as well as areas that standard setters are discussing.
Topics Include:
- Cloud computing arrangements
- Related party combinations
- Upfront non-refundable fees
- Status of AcSB projects on evaluating the preface, financial statement concepts and scaling the standards
- Common deficiencies in ASPE financial statements and other "hot topics"
Key Takeaways
By the end of this course, participants will be able to:
- Apply and explain new ASPE standards with effective dates in 2023 and beyond
- Identify changes and improvements in relation to "common deficiencies"
- Locate relevant publications (with links).
Who Will Benefit
Professionals who are involved in the preparation and analysis of financial statements for small and medium-sized entities, and practitioners who provide assurance on these financial statements.
Prerequisite Knowledge
Participants should be familiar with existing ASPE Standards.
How to Access the Course
This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.
Electronic material can be accessed one week prior to the course and should be downloaded in advance.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Jennifer McCann, CPA, CA is the CEO of FocusCPD Inc. With over 20 years’ experience, Jennifer assists accounting firms with the effective and efficient application of accounting and assurance standards and the maintenance of quality controls systems through creating and delivering relevant training programs. Jennifer is also co-author of CPA Canada publications The Professional Engagement Guide (PEG) and The Quality Assurance Manual. She is an active member of the IAASB's Data Analytics Working Group Project Panel.