Accounting Standards for Private Enterprises (ASPE)
The team at Empire CPA has extensive experience providing private enterprises of all shapes and sizes, in an array of diverse industries, with in-depth knowledge of the latest accounting standards (ASPE).
What is ASPE Exactly?
ASPE, or the Accounting Standards for Private Enterprises, is a set of accounting principles for SMEs (small and medium-sized enterprises) in Canada, who routinely publish financial statements for general use but do not have the obligation to report their financial results publicly as their shares are not traded on a public stock exchange.
Our team actively monitors improvements made to the accounting standards for private enterprises so clients stay informed of the latest developments. If you’d like to find out more about our audit and assurance services – and whether they might benefit your organization, please get in touch with us.