Detailed Review of Accounting Standards for Private Enterprises (ASPE)

Help Shape the Future of ASPE

The AcSB has released the Consultation Paper – Detailed Review of Accounting Standards for Private Enterprises (ASPE). This Consultation Paper aims to identify the most complex ASPE requirements – specifically, those where the cost/benefit threshold is not met and the issue is widespread among private enterprises.

Your feedback is essential. It will help the AcSB gain a complete understanding of the issues within the scope of this project and assess whether our proposed solutions are practical and effective. We will consider this input to guide future project priorities.

Who should participate?

The AcSB has developed survey questions tailored to your experience:

• Preparers, Practitioners, and Others – individuals who prepare financial statements in accordance with ASPE, work with clients who do, or others who are not financial statement users.
• Users – individuals who rely on private enterprise financial statements to make decisions, such as lending or investing.

If your experience does not fit in these categories but you have insights to share, please contact AcSB staff directly.

Take our survey by January 31, 2026, and have your say in shaping future standards!