2020 Accounting Update
There have been substantial changes made to the private enterprise accounting standards.
In this course, we will cover new standards and amendments to Accounting Standards for Private Enterpreises (ASPE) and Accounting Standards for Not-for-Profit Organizations (ASNPO). We will provide real-life...
On demand, 3 hour(s)
$149 ($0)
4.88 (8)
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Course Description
ASPE
- mandatorily retractable and redeemable preferred shares
- related party transactions relating to financial instruments
- significant risk disclosures
- agriculture
- revenue
- other minor amendments and projects in process
ASNPO
- tangible capital assets
- intangible assets
- collections
- projects in process
Course Walkthrough
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Video - Introduction
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Notice: Changes to Effective Dates
In June 2020, the AcSB amended the effective dates of new standards for Accounting Standards for Private Enterprises. Please see attached screenshot from FrasCanada.ca
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CPA Canada Briefing – Retractable and Mandatorily Redeemable Shares Issued in a Tax Planning Arrangement
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Slides
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Feedback / comments
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Certificate: 2020 Accounting Update (ASPE/ASNPO)
About the Instructor(s)
Jennifer McCann
Jennifer McCann is the vice-president of FocusROI Inc. and CEO of FocusCPD Inc. With over 20 years of experience, Jennifer assists accounting firms with the effective and efficient application of accounting and assurance standards, the maintenance of quality control systems, and the creation and development of relevant training programs.
Prior to joining FocusROI, Jennifer was a senior manager at EY, working in the private mid-market practice of the National Professional Practice Group. There she consulted partners and staff on various accounting and assurance matters, performed quality reviews, and delivered partner and staff training. She has held senior management positions at other mid-sized and national accounting firms where, in addition to managing client engagements, she developed audit templates, programmed audit automation software, led the staff training initiatives and performed quality control procedures.
Jennifer is currently serving as a member of the International Auditing and Assurance Standards Board (IAASB) Data Analytics Project Advisory Panel and is also an active program instructor for the Chartered Professional Accountants of Ontario.