The REALPAC ASPE Handbook
[Available in digital or hard-copy formats]
To preview the Table of Contents, Introduction, and Section 100, click here.
The significant changes to GAAP in Canada necessitates the publication of an accounting handbook that addresses guidance for enterprises reporting in accordance with IFRS and one that addresses guidance for enterprises reporting in accordance with Accounting Standards for Private Enterprises (ASPE). REALPAC believes that it has a responsibility to provide guidance to the industry on the application of GAAP to enable entities to both reflect the uniqueness of complex transactions and more consistently account for similar transactions.
In order to recognize the need for guidance for non-publicly accountable enterprises reporting under ASPE rather than IFRS, REALPAC published the first edition of the REALPAC ASPE Handbook: Recommended Accounting Practices for Real Estate Investment and Development Entities Reporting in Accordance with ASPE. This Handbook blends an understanding of real estate capital and property markets and industry accounting practices with ASPE, to provide readers with a one stop source of currently acceptable ASPE accounting practices for real estate.
Amendment No. 1
Amendment No. 1 addresses changes made to ASPE since 2011, including 1591 Subsidiaries, 3051 Investments, and 3056 Interests in Joint Arrangements. The Amendment also includes an entirely updated Section 600: Interests in Joint Arrangements.
To purchase the hard-copy version of Amendment No. 1, click here.
Please Note: Amendment No. 1 will be included in all new purchases of the hard-copy version of the ASPE Handbook. The digital version of the amendment will be included in all past and future purchases through the CPA store.
ASPE Handbook Purchasing:
To purchase the digital version, available 24-7 online from the CPA Store, click here. (Includes Amendment No. 1)
To purchase the hard-copy version, please select "Add Item" and follow the steps above. (Includes Amendment No. 1)
Contact Liliya Rudeychuk, Manager, Accounting, 416-642-2700 x234.
REALPAC ACCESSIBILITY FOR PERSONS WITH DISABILITIES CUSTOMER SERVICE POLICY
In fulfilling our mission, REALPAC is committed to providing its goods and services in a way that respects the dignity and independence of people with disabilities. We are also committed to giving people with disabilities the same opportunity to access our goods and services and allowing them to benefit from the same services, in the same place and in a similar way as other customers. If you require alternative means of communication (e.g., TTY, relay services, etc.), require assistive devices, or require this publication in a different format), please let us know. To download the REALPAC Accessibility for Persons with Disabilities Customer Service Policy, please click here.