Canadian Bookkeeping Series Episode 4 ASPE and IFRS
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YouTubeCanadian Bookkeeping Series
Canadian Bookkeeping Series Episode 4 ASPE and IFRS
In Canada, businesses follow two main accounting standards: ASPE and IFRS. ASPE, or Accounting Standards for Private Enterprises, is used by most private Canadian businesses. It is simpler and focuses on cost-effective reporting for owners and lenders. IFRS, or International Financial Reporting Standards, is required for public companies and ...
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