Ensure compliance by mastering the latest amendments to ASPE and ASPO accounting standards. Navigate recent changes with confidence to maintain accurate financial reporting.
Stay current with the evolving landscape of financial reporting in this focused course, Accounting Update: ASPE and ASPO. Led by subject matter expert Marcus Gunther, this session provides a critical review of active projects, exposure drafts, and recently issued standards affecting both private enterprises and not-for-profit organizations. As implementation dates for 2026 and 2027 approach, understanding these changes is vital for maintaining compliance and avoiding common pitfalls during practice inspections.
This course moves beyond simple updates to offer practical guidance on complex accounting areas that frequently result in file deficiencies. Participants will explore the significant proposed changes to the measurement of goodwill and intangible assets, including the potential shift back toward amortization models to address cost-benefit concerns. The session also provides a deep dive into Cloud Computing Arrangements (AcG-20), clarifying the differences between simplified and detailed approaches for capitalization versus expensing. Furthermore, the course tackles high-risk areas such as Revenue Recognition, breaking down multiple-element arrangements and percentage of completion methods to ensure robust documentation and policy application.
Key Learning Outcomes:
AJAG Professional Development was founded in 2003 with a mission of making professional development easier and more cost-effective for Canadian accountants and other financial advisory professionals. Our comprehensive range of flexible and reasonably-priced courses, programs and seminars are delivered online and in classroom-style settings in the Greater Toronto Area (Toronto, Oakville and Markham). AJAG features a roster of highly-qualified instructors who deliver content that is pertinent, up-to-date and engaging.
MBA, CPA
Marcus is a Chartered Accountant and holds a Bachelor of Commerce from the University of Toronto, as well as Masters in Business Administration degree from Wilfrid Laurier University. Marcus Guenther is a partner at FocusHGK LLP. He works with accounting firms to improve their quality control, engagement workflow and risk management practices, and he also assists with technical accounting and auditing issues.
