ASPE Refresher Part I
This course will review the fundamental standards in ASPE and discuss Annual Improvements and emerging topics. Part 1 is a useful refresher for both practitioners and CPAs in industry. More complex topics are covered in ASPE Refresher Part II
Part I will examine fundamental ASPE standards:
• Annual improvements and emerging topics.
• Core concepts.
• Key financial statement standards.
• Financial statements –balance sheet, income statement, statement of cash flows.
• Revenue, funding & government assistance.
• Financial instruments –the basics.
Short case studies and examples will be used to illustrate key concepts.