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Accounting for shares issued in tax planning arrangements (ROMRS)

Published on: Dec 18, 2019

Note: The Accounting Standards Board recently announced that due to the COVID-19 pandemic, they are deferring the effective dates of all previously announced amendments to ASPE by one year (April 2020)


An Lam
Senior Manager, Audit
(416) 874-4386

In this webcast, we provide an overview of the amendments to Section 3856 Financial Instruments for the accounting for retractable or mandatorily redeemable shares issued in tax planning arrangements.  The amendments are effective for annual periods beginning on or after January 1, 2020.   We also discuss the new model for classifying such shares as equity or as a financial liability and walk through the transition considerations.  You can also download our publication to get additional details: “Amendments to Section 3856 Financial Instruments for shares issued in tax planning arrangements | What you need to know!”  

English and French presentations available for download.


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