ASPE - Update 2021 (VO)

Keep abreast with accounting standard changes and projects and review recent revisions to the CPA Handbook – Part II Accounting Standards for Private Enterprises (ASPE).

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

OBJECTIVE:
Keep abreast with accounting standard changes and projects. The seminar will review recent revisions to the CPA Handbook – 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.

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.

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 ASPE financial statements.

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

  • Apply and explain new ASPE standards with effective dates in 2021 and 2022, including the new application guidance for revenue recognition.
  • Address the implications of Covid-19 on financial reporting under ASPE.
  • Identify changes and improvements in relation to “common deficiencies”.
  • Locate relevant publications (with links).

CONTENT:
Topics covered in this course include:

  • new application guidance for revenue recognition,
  • accounting for rent concessions relating to Covid-19,
  • status of AcSB projects on financial statement concepts, combinations under common control and asset acquisitions, and
  • common deficiencies in ASPE financial statements and other “hot topics”.

PREREQUISITES:
Familiarity with CPA Handbook – Accounting, Part II Standards for Private Enterprises (ASPE)




When
11/29/2021 - 3/25/2022
Where
Video on Demand
Online registration not available.

Personal Passport Eligibility

Corporate Passport Eligibility

 

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