Canadian Webinar: Accounting & Assurance Update

This session will examine the new developments and recently released standards in private enterprise and not-for-profit accounting and assurance standards.   

On the accounting side, we will review the status of key accounting projects, including related party combinations, accounting for upfront non-refundable fees or payments and briefly discuss the recently issued standards such as AcG-20, Customer’s Accounting for Cloud Computing Arrangements.

We will also discuss the upcoming impacts of CAS 600 Group Audits, which will significantly impact group audits in 2024, as well as new exposure drafts on audit evidence (CAS 500) and going-concern (CAS 570).

Learning Objectives

• Gain an understanding of pending and recently released accounting (ASPE, ASPNO) and auditing standards
• Discuss the impact on group audits in December 2024 and later year-ends
• Review recently issued exposure drafts

Prerequisites

• Understand existing ASPE and ASNPO accounting standards and CASs. 
• Experience in assurance

Speaker Bio


Marcus A. Guenther, CPA, CA, MBA         
FocusHGK LLP

Marcus Guenther is with FocusHGK LLP, which provides quality management, monitoring, EQCR and other consulting services on complex accounting or assurance matters.     It is one of the few firms that is solely dedicated to providing services to CPA firms as opposed to making it a consulting service as part of their full-service assurance and tax practice.