ASPE webcasts

We invite you to listen to our year-end webcast series “Year-end ASPE update for Private Enterprises”. In this series, we explore the latest developments on accounting standards for private enterprises. Our topics have been separated into individual segments so that you can focus your time where you need to!

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)

Related Publications

Revenue

Jan 13, 2020

In this webcast, we provide a summary of amendments to the revenue standard that are effective for annual periods beginning on or after January 1, 2021. We outline the key changes in the 5 topics addressed by the changes (percentage of completion method, multiple-element arrangements, reporting revenue gross versus net, bill and hold sales, and upfront non-refundable fees/payments) and highlight areas where the amendments are most likely to result in a change in practice.

Accounting for related party financial instruments (RPFI)

Dec 18, 2019

In this webcast, we provide an overview of the amendments to Section 3856 Financial Instruments for the accounting for related party financial instruments. The amendments are effective for annual periods beginning on or after January 1, 2020. We explain the new measurement model by walking through practical examples and provide a transition roadmap to support the application of the amendments

Agriculture

Dec 18, 2019

In this webcast, we discuss the new Section 3041, Agriculture, which is effective for annual periods beginning on or after January 1, 2021. The new standard is expected to impact private companies operating in various agricultural sectors ranging from cannabis to cattle ranching to vineyards. We discuss how to classify assets between agricultural inventories and productive biological assets and the measurement of such assets.

Accounting for shares issued in tax planning arrangements (ROMRS)

Dec 18, 2019

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.

ASPE update

Dec 18, 2019

In this webcast, we provide an overview of the ASPE landscape including a summary of the latest amendments to standards and the status of active projects being undertaken by the Canadian Accounting Standards Board (AcSB). Topics include income taxes, use of a funding valuation in the measurement of a defined benefit plan and an overview of key ASPE resources.

ASPE update

Dec 11, 2018

In this video, our speakers provide a summary of the ASPE standards that are effective in 2018 including amendments to the cost method for investments. They discuss the latest amendments issued by Canadian Accounting Standards Board (AcSB) in relation to retractable or mandatorily redeemable shares issued in tax planning arrangements and related party financial instruments. And finally, they outline the proposed standard for agricultural producers in Canada.

Update for Not-for-Profit Organizations

Dec 11, 2018

In this video, our speaker reviews the new standards for Not-for-Profit Organizations on tangible capital assets, intangible assets and collections.

Assurance update

Dec 11, 2018

In this video, our speaker provides an overview of the Auditor Reporting Standards that will change all external audit reports issued this year.

Income tax update

Dec 11, 2018

In this video, our speaker provides an overview of income tax implications resulting from the last federal budget and tax planning opportunities to consider for year-end. Topics include income splitting, passive income and small business deductions, as well as changes to the taxation of work-in-progress.

Data Analytics and Visualization Tools

Dec 11, 2018

In this video, our speaker discusses private sector trends in data analytics and visualization and what Finance teams need to do to begin their journey with supporting tools.

Digitization of the controllership function

Dec 11, 2018

In the final video of the series, our speaker discusses the latest digital trends through the lens of the traditional controllership to assist you in preparing for the digital disruptors that face private companies today.

AcSB updates

Dec 08, 2017

In this video, our speakers provide an overview of the ASPE active projects of the Canadian Accounting Standards Board (AcSB) including details of the two Exposure Drafts issued in relation to certain shares issued in tax planning arrangements, and related party financial instruments.

Correction list for hyphenation

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Centre for Financial Reporting

Centre for Financial Reporting

Deloitte User?

Centre for Financial Reporting

ASPE webcasts

Related Publications

Revenue

Accounting for related party financial instruments (RPFI)

Agriculture

Accounting for shares issued in tax planning arrangements (ROMRS)

ASPE update

ASPE update

Update for Not-for-Profit Organizations

Assurance update

Income tax update

Data Analytics and Visualization Tools

Digitization of the controllership function

AcSB updates

Correction list for hyphenation