ASNFPO - Update 2020 (VO)
The 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 where applicable for NFPOs.
Watch a qualified CPA instructor teaching the course and access a copy of the same course material that is provided to attendees of an in-person session.
After registering for a Video on Demand course, CPA Saskatchewan will send you information on how to access the course within 2 business days.
Click HERE for more information on Video-On-Demand courses.
The 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 where applicable for NFPOs. An information update on recent revisions to the CPA Canada Handbook –Part III, Accounting Standards for Not-for-Profit Organizations (ASNFPO) will be provided.
Participants will first be provided with an overview of changes to ASNFPO, followed by discussion of major projects and impact on NFPOs. Participants will be able to utilize this information on proposed changes to the standards to provide guidance to NFPOs and board members.
WHO WILL BENEFIT:
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 and CPA’s who volunteer on Boards for NFPOs.
By the end of the course, participants should be able to:
explain implications of Exposure Draft on Combinations – Initial Measurement and Related Disclosures and projects on Contributions –Revenue Recognition and Related Matters and Financial Statement Concepts,
summarize future developments in ASNFPO,
review matters discussed by Not-For-Profit Advisory Committees, and
list relevant publications (with links).
Participants should be familiar with ASNFPO.
||Estimated Hours: Total - 2 Licensing - 2