Accounting standards for private enterprises (ASPE) update 2022

January 12, 2023

Several amended and new Accounting Standards for Private Enterprises (ASPE) became effective in 2022.

This publication will discuss the following:

  • The issuance of new Section 3041, Agriculture
  • Amendments to Section 3400, Revenue
  • Other amendments and standards that will become effective over the next few years

It also includes an overview of the Accounting Standards Board’s ongoing projects that will affect private sector entities.

 

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BDO can help you navigate the road ahead

Applying financial reporting standards can be quite complex. The BDO team can help you assess your situation and prepare for the opportunities and challenges involved.

Contact us today to start the conversation.

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