The seminar is best suited to professionals who are involved in the preparation and analysis of financial statements for small- and medium-sized entities, and practitioners who provide assurance on these financial statements, who want to ensure they are aware of recent changes in ASPE standards and other hot topic areas.  It will also create awareness of potential future changes in the standards by covering projects that are being worked on, as well as areas that standard setters are discussing.

Learning Objectives

By the end of this course, participants should be able to:
• Apply and explain new ASPE standards with effective dates in 2024 and beyond
• Identify changes and improvements in relation to “common deficiencies”
• Locate relevant publications (with links)

Content

Topics include:
• Cash surrender value of insurance contracts
• Cloud computing arrangements
• Related party combinations 
• Upfront non-refundable fees
• Subsequent measurement of goodwill and acquired intangible assets
• Status of AcSB projects (scaling the standards, financial statement concepts)
• Common deficiencies in ASPE financial statements and other “hot topics” including practical examples that practitioners and financial statement preparers may encounter

Prerequisites – Knowledge, Experience or Courses
Participants should be familiar with existing ASPE Standards.

Applicable For
Professionals who are involved in the preparation and analysis of financial statements for small and medium-sized entities, and practitioners who provide assurance on these financial statements.

Seminar Instructor: Jennifer O'Neal

What to Expect

• Two emails will be sent from CPA Manitoba following your registration: one to confirm your order and one including information on how to access the course through your Learning Hub. 
• Once sent, these emails can also be found in the Communication tab of your CPA Manitoba Member Portal.
• Course materials, links and credentials can be found in your Learning Hub no less than two business days prior to the seminar. 
• This is a Live Virtual seminar where class size has been limited to allow for an interactive learning environment. 
• This seminar will not be recorded. 
• Live webinars have varying levels of expected interaction, with many requiring webcam and microphone capabilities. If you have concerns about the interaction required for this course, please email [email protected]. 
  
  CPA Manitoba PD Terms and Conditions