What is the CICA handbook called now?

CPA Canada Handbook – Assurance.

How do I access the CPA Canada handbook?

Members receive complimentary access to the Internet-based version of the CPA Canada Standards and Guidance Collection (CPA Canada Handbook) and the new Business and Accounting Resources (BAR) on Knotia.ca. Log in today to access the Handbook, check out the redesigned site and try the new features.

What is Knotia CPA?

Chartered Professional Accountants of Canada (CPA Canada) is a trusted publisher of tax and accounting titles. Our knotia.ca reference databases and email news bring a wealth of knowledge and insight to professionals in public practice, industry, government, and education.

What does Aspe stand for?

The Accounting Standards for Private Enterprises (ASPE) are accounting principles for small and medium-sized enterprises (SMEs) in Canada that publish financial statements for general-purpose use but do not have to report their financial results publicly because their shares are not traded on a public stock exchange.

Does the CICA still exist?

The CICA was a founding member of the International Federation of Accountants and the Global Accounting Alliance. In 2014, CICA merged with Canada’s two other major accounting designations to form the Chartered Professional Accountants of Canada.

Does Canadian GAAP still exist?

As you know, Canadian GAAP is being replaced as the required accounting standard for financial reporting in Canada. Effective January 1, 2011 IFRS will now be the new accounting standard for public enterprises.

How do I access CPA Handbook Knotia?

CPA Canada Standards and Guidance Collection is available to members on knotia.ca, our online research platform. To access this complimentary resource, you must have a CPA Canada profile* that is associated with your CPA Canada Member/Customer Number (found on any CPA Canada invoice).

What is PSA Handbook?

The CPA Canada Public Sector Accounting (PSA) Handbook contains accounting standards that apply to all public sector entities (governments, government components, government organizations and certain government partnerships) that issue general purpose financial statements unless specifically directed or permitted to …

What Csre 2400?

CSRE 2400 sets out requirements related to: (i) engagement level quality control; (ii) accepting the engagement; (iii) communicating with management and those charged with governance; (iv) performing the engagement; (v) forming a conclusion in the financial statements; (vi) reporting; and (vii) documentation.

Should I follow ASPE or IFRS?

If you plan on taking your business public it is best that you follow the IFRS instead of ASPE. This is because once you go public you will have to follow IFRS as you would no longer qualify for ASPE.

Who can use Aspe?

Who Can Use the ASPE? If your business’ stocks aren’t traded on a public stock exchange, you are considered a private company. Due to the reduced reporting needs of a private enterprise, only these organizations are allowed to use the ASPE when drafting financial statements.

What are Chartered Accountants called now?

CPA (Chartered Professional Accountant)