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Effects of COVID-19 on the Financial Statements of Private Enterprises

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May 13, 2020

On May 13, 2020, the Accounting Standards Board (AcSB) released a publication on how the COVID-19 pandemic has had a significant economic impact on Canadian businesses, including private enterprises applying ASPE.

This resource highlights topics that may be relevant for private enterprises to consider when preparing financial statements in accordance with Part II of the CPA Canada Handbook – Accounting.

Review the publication on the AcSB's website.

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