Accounting Standards for Private Enterprises (ASPE) Update 2016

December 05, 2016

2016 was a busy year for ASPE. During the year, Section 1591, Subsidiaries, and Section 3056, Interests in Joint Arrangements, became effective, significant changes were made to Section 1591 and Section 3051, Investments, to clarify the application of the cost method and the AcSB advanced the progress of various projects.
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