On Demand (eLearning)

ASPE - Disclosure and Presentation

JAN 10 - Aug 31, 2022



JAN 10 - AUG 31



9:00 AM - 11:59 PM




7.5 Hours


0 Hours


Registration open until

Aug 31, 2022


We are currently accepting registrations for this session. Please note, this course is not ready yet, it is expected to go live on November 2nd, but CPA Ontario Learning will email all registrants when it is posted, so you do not need to check in. Once it is live, you will have 30 days to complete the course. Thank you.

NOTE: This course description has been revised and reflects updates for 2021. If you have any questions, please contact pdevents@cpaontario.ca

Disclosure and presentation is critical to telling the true story of a firm’s profit and loss, financial position, and cash flows to users of financial statements. This seminar reviews the realities and best practices for disclosure and presentation requirements of Part II – Accounting Standards for Private Enterprises (ASPE).

The seminar will start with a basic private enterprise financial statement, showing the common presentation and disclosure requirements and will then build on those statements with additional disclosure and presentation matters. Each disclosure and presentation requirement of ASPE will be reviewed and examples will be provided. This full-day session reviews both basic and more advanced presentation and disclosure requirements, ranging from cash to cash flow; financial instruments to equity instruments; and known to contingent liabilities.

The seminar will be delivered primarily through discussion of examples with some exercises.


  • Differentiate between the disclosure and presentation requirements within ASPE. Identify the presentation and classification requirements for the balance sheet, income statement, statement of changes in equity and statement of cash flows.
  • Determine whether an asset or liability is required to be presented as current or long-term.
  • Determine what significant accounting policies require disclosure within the financial statements
  • Prepare note disclosures in accordance with Sections 1000 through Section 3870 and related Guidelines in Part II of the CPA Canada Handbook – Accounting
  • Disclosure requirements provided in Part II of the CPA Canada Handbook – Accounting
  • Application of professional judgment in developing sufficient disclosure
  • Identification of options and policy choices in presentation of financial statements; and Presentation and disclosure requirements in Sections 1000 through Section 3870 in the Guidelines in Part II of the CPA Canada Handbook – Accounting.


Practitioners who serve private enterprise or prepare financial statements for private enterprise.


$325.00 Personal Passport

$380.00 Organization Passport

$479.00 Member

$479.00 Student

$589.00 Public

Status: Registration open until Aug 31, 2022




This is an online session. This course is available 24 hours a day, 7 days a week. Once registered, you can access the material at any time.

However, you will only have access to the course for 30 days after REGISTRATION.

To access the course please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.

Please allow at least four hours after registration for the seminar to appear on your BlackBoard page.

Registration, cancellation, withdrawal and all other CPA Ontario PD Seminar policies can be found here.