Understand financial reporting standards—at your own pace
Applying financial reporting standards can be quite complex. To help you make sense of it all, BDO’s Accounting Knowledge Centre collects the useful resources you need, ranging from high-level overviews to in-depth guidance.
Whether you are a private company, public company, not-for-profit organization, or public sector entity, our resources will help you increase your understanding of the accounting standards relevant to your organization.
Resources focus on the following accounting frameworks:
- Accounting Standards for Not-for-Profit Organizations (ASNPO)
- Accounting Standard for Private Enterprises (ASPE)
- International Financial Reporting Standards (IFRS)
- Public Sector Accounting Standards (PSAS)
You can find information on these standards in several easy-to-use formats:
Annual update publications
Handy guides that summarize important developments for a given year. Based on communications from the accounting boards, these updates include amendments to current standards, new standards, exposure drafts and other documents seeking comments from stakeholders and updates on projects the boards have undertaken.
At-a-glance publications
Consolidated pieces that provide a visual high-level overview of each of the standards in IFRS, ASPE, ASNPO, and PSAS.
ASPE–IFRS comparison series
Comprehensive publications that identify reporting differences between ASPE and IFRS. Each one is organized by standard and covers both standards that are currently effective and those effective in the future. Any organization moving from IFRS to ASPE or vice versa will find this series useful. Clear and easy to navigate, the series covers all the key differences—from measurement to classification to presentation.
Curated analyses of selected topics
Discussions of some of the most complex topics in financial reporting. These include accounting for employee future benefits, financial instruments, and hedges under ASPE and ASNPO, and accounting for asset retirement obligations and financial instruments under PSAS.