ASNFPO - Review of the Standards (On-Demand - CPA PRO)
Overview
Participants will review the application of accounting standards, with an emphasis on areas where choice exists, that are found in Part III of the CPA Canada Handbook. These standards were drafted with the underlying premise that where transactions and circumstances are the same, there should be no difference in accounting from for-profit entities. As a result, participants will also review and analyze relevant sections of Part II of the CPA Canada Handbook, Accounting Standards for Private Enterprises (ASPE). Participants will learn what choices are available when setting policies, the impacts on disclosure, and participate in activities and exercises to strengthen the knowledge gains throughout this course.
Access expires 180 days from purchase date |
Course Description
- Identify and analyze accounting issues specific to NPOs
- Identify and explain where policy choices exist and their impacts on the organization
- Determine significant issues in which disclosure is required
- Determine which handbook and standard is relevant in a variety of circumstances
- Interpret facts and scenarios to determine the appropriate accounting treatment for an organization
Applicable for
Professionals at all levels involved in the preparation and review of NFPO financial statements.
Those involved in larger NFPOs may prefer to attend the seminar NFPO & Registered Charities – Accounting & Taxation. Government-controlled NFPOs must follow the Public Sector Accounting Handbook, which will not be addressed in this seminar.
Learning Objectives
- Identify and analyze accounting issues specific to NPOs
- Identify and explain where policy choices exist and their impacts on the organization
- Determine significant issues in which disclosure is required
- Determine which handbook and standard is relevant in a variety of circumstances
- Interpret facts and scenarios to determine the appropriate accounting treatment for an organization
Content
- Determination of an appropriate accounting framework for an entity
- Financial Statement Concepts
- Contributions – Revenue Recognition
- Contributions Receivable
- Inventories
- Employee Future Benefits
- Financial Instruments
- Long Lived Assets
- Reporting Controlled and Related Entities
- Allocated Expenses
- Ongoing projects and potential impact of changes
Course Content Created: October 2025
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Jane M. Bowen, FPCA, FCAAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
- 7
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 10
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
ASNFPO - Review of the Standards (On-Demand - CPA PRO)
- 7
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 10
- Credits
Overview
Participants will review the application of accounting standards, with an emphasis on areas where choice exists, that are found in Part III of the CPA Canada Handbook. These standards were drafted with the underlying premise that where transactions and circumstances are the same, there should be no difference in accounting from for-profit entities. As a result, participants will also review and analyze relevant sections of Part II of the CPA Canada Handbook, Accounting Standards for Private Enterprises (ASPE). Participants will learn what choices are available when setting policies, the impacts on disclosure, and participate in activities and exercises to strengthen the knowledge gains throughout this course.
Access expires 180 days from purchase date |
Course Description
- Identify and analyze accounting issues specific to NPOs
- Identify and explain where policy choices exist and their impacts on the organization
- Determine significant issues in which disclosure is required
- Determine which handbook and standard is relevant in a variety of circumstances
- Interpret facts and scenarios to determine the appropriate accounting treatment for an organization
Applicable for
Professionals at all levels involved in the preparation and review of NFPO financial statements.
Those involved in larger NFPOs may prefer to attend the seminar NFPO & Registered Charities – Accounting & Taxation. Government-controlled NFPOs must follow the Public Sector Accounting Handbook, which will not be addressed in this seminar.
Learning Objectives
- Identify and analyze accounting issues specific to NPOs
- Identify and explain where policy choices exist and their impacts on the organization
- Determine significant issues in which disclosure is required
- Determine which handbook and standard is relevant in a variety of circumstances
- Interpret facts and scenarios to determine the appropriate accounting treatment for an organization
Content
- Determination of an appropriate accounting framework for an entity
- Financial Statement Concepts
- Contributions – Revenue Recognition
- Contributions Receivable
- Inventories
- Employee Future Benefits
- Financial Instruments
- Long Lived Assets
- Reporting Controlled and Related Entities
- Allocated Expenses
- Ongoing projects and potential impact of changes
Course Content Created: October 2025
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Jane M. Bowen, FPCA, FCAAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.