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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.
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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.
It’s said that a crisis brings out the best in people and, in most cases, that’s true. But there is a dark side to tough times, as fraudsters prey on people who are uncertain and looking for easy answers.
March 18, 2020
The federal government’s actions and fiscal support to address the widespread and devastating economic fallout of the COVID-19 pandemic are welcomed by Chartered Professional Accountants of Canada (CPA Canada).
Listen to this special edition Practitioner’s Pulse webinar where we answer some frequently asked questions around practice management issues and some key financial reporting and auditing implications of COVID-19.