The May 2012 issue of Accounting Roundup includes feature articles on: (1) the formation of a new body, the Private Company Council, to improve the accounting standard-setting process for private companies, (2) the FASB’s and IASB’s deliberations of classification and measurement of financial instruments, impairment of financial assets ...

This publication addresses considerations related to adopting and performing a qualitative assessment of goodwill impairment in accordance with U.S. GAAP. It should be of interest since U.S. rules are similar to IFRS requirements.

The first anniversary of IFRS implementation has come and gone. So how did it go? This article goes over what a few companies had to say about their conversion.

This update, from the International Accounting Standards Board (IASB), is published on ifrs.org after every board meeting and summarizes developments from the joint meeting held with the FASB in May 2012. It is part of a regular series issued by the IASB.

The IASB issued Annual Improvements 2009–2011 Cycle, a collection of amendments to IFRSs, in response to issues addressed during the 2009–2011 cycle. The annual improvements process is designed to make necessary, but non-urgent, amendments to IFRSs. This IFRS in Focus newsletter outlines the amendments.

In 2010, CGA-Canada’s PD Net published an article entitled GAAP for Private Enterprises. The purpose of that article was to advise stakeholders about the changes to accounting and reporting requirements by private enterprises that were to be implemented for fiscal periods beginning on or after January 1, 2011. The article provided background information and an overview of the then-upcoming changes.

This webcast will summarize the current status of Canadian accounting standards for not-for-profit organizations (ASNPO). The new standards are based primarily on accounting standards for private enterprises (ASPE) so the webinar begins with an overview of Part II of the Handbook, then moves to the NPO-specific standards of Part III.

This webcast is an opportunity for you to gain a deeper understanding of how Canadian GAAP will change for next year’s ASPE statements. It will address the changes to the Handbook for 2012, as well as discuss important issues that could potentially affect you in 2013 and beyond.

Association events and seminars bring CGAs, students and other professionals together for valuable learning and networking. The Events pages present detailed descriptions of PD opportunities and special events around Alberta as well ...

Leasing is a popular financing option for companies. However, the way leasing transactions have been structured in the past has caused major variations in the presentation of financial statements. There have been two leasing options available to companies...