Considering the fair value option for property, plant and equipment

Find out which factors to consider in the decision to utilize the option to recognize property, plant and equipment at fair value when transitioning to accounting standards for private enterprises (ASPE). Learn why it may be right for some clients and wrong for others.

Get your downloadable electronic copy.

Download Now

Fair Value Option in ASPE — Should You Elect for It? tells you why the Accounting Standards Board (AcSB) included the fair value option and reviews the pros and cons of using it when transitioning to ASPE.

You will learn:

  • how electing for the fair value option may influence your company’s access to debt
  • how to determine if the cost of providing evidence to support the fair values assigned to property, plant and equipment will or will not outweigh the benefit
  • how the fair value option can affect income tax and future depreciation
  • what lenders have to say about the fair value option


Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.

Our Firm Directory allows you to search for Canadian CPA firms using our interactive map as well as other criteria.

You’re in the eye of the storm amid a swirl of slips, forms and receipts. Chart your way through tax-time turbulence with these updates and resources.