This course begins with an overview of property, plant and equipment, goodwill, intangibles, and impairment and asset retirement obligations. Then, participants will explore key areas of recognition, measurement, presentation, and disclosure related to these topics through practical examples and real-life scenarios. The course supports a deeper understanding of how ASPE guidance applies in practice and strengthens participants’ ability to interpret and apply the standards effectively.

ADVISORY

This course was previously part of ASPE - Review of the Standards, which has since been divided into standalone courses. This modularization approach allows members to choose only the content most relevant to their needs. Here are all the courses that were split from ASPE - Review of the Standards. Please note that availability of offerings may vary throughout the year, and some courses are available only in On-Demand format. 

For members who require the complete curriculum, the full ASPE - Review of the Standards course remains available in On-Demand format. 

Most accounting and tax professionals will acquire substantial gains from this course, especially: 

• Practitioners seeking an overview of the ASPE topics outlined above. 
• Accounting and tax professionals working with private enterprises or not-for-profit organizations. 
• Individuals looking to strengthen their knowledge of ASPE measurement, recognition, presentation, and disclosure requirements. 

• Describe ASPE requirements for property, plant and equipment, intangible assets, and goodwill 
• Describe ASPE requirements for impairment of the above topics 
• Describe ASPE requirements for asset retirement obligations 
• Describe requirements for cloud computing arrangements 
• Identify and explain recent updates to ASPE and their impact on financial reporting. 
• Apply ASPE concepts related to the above topics using examples that illustrate accounting treatments, presentation, and disclosure considerations.

• Core ASPE concepts such as: 
  • Determination of costs to initially capitalize and those that qualify to be capitalized subsequent to initial recognition for property, plant and equipment, goodwill and intangible assets. 
  • Determination of when and the amount to be amortized for property, plant and equipment, and intangible assets. 
  • Determination of when asset retirement obligations should be recognized. 
  • Determine options to account for cloud computing arrangements. 
• Key disclosure areas for property, plant and equipment, goodwill, intangible assets, impairment, asset retirement obligations and cloud computing arrangements. 
• Overview of foundational topics, impairment of goodwill and long-lived assets, interest capitalization and asset retirement obligations. 
• Illustrative examples, exercises, and sample disclosures that reinforce participants’ understanding of the practical application of ASPE related to property, plant and equipment, goodwill, intangible assets, impairment and asset retirement obligations. 

Live webinars have varying levels of expected interaction, with some requiring microphone and camera capabilities to support a proper learning experience – please email pdreg@bccpa.ca if you have concerns. 

In general, we encourage participants to have their cameras turned on to enhance their virtual learning experience. This practice promotes a stronger connection with the instructor and fellow participants, and fosters improved communication and collaboration.

Live Webinar FAQs can be found here.  

Registration terms and conditions, including the cancellation policy can be found here. If you require further assistance, please contact the PD Department.