GAAP Consulting & Training

The term Canadian Generally Accepted Accounting Principles or GAAP actually comprises several accounting bases contained in the Canadian Institute of Chartered Accountants ("CICA") Handbook. The CICA Handbook is divided into five parts each containing a stand-alone set of GAAP. Entities are required to determine which GAAP applies to their particular financial reporting requirements.

Training Courses

Course 1: Accounting Standards for Private Enterprises Immersion Course

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Course 2: Accounting Standards for Private Enterprises & Impact on Assurance Engagements

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IFRS Consulting & Training

International Financial Reporting Standards, or IFRS, refers to a series of pronouncements published by the International Accounting Standards Board or IASB. The term "IFRS", actually refers not only to the Standards themselves, but also refers to Interpretations developed by the International Financial Reporting Interpretations Committee or IFRIC (and its predecessor, the former Standing Interpretations Committee or SIC).

GAAP IFRS & ASPE Training

When knowledge is power, investing in a customized training course can be invaluable to ensuring that theoretical accounting changes are being applied properly in a real life context. Jo-Ann Lempert, CA is recognized for her technical abilities to understand the ever-changing standards and be able to explain them in a user-friendly and digestible manner. Her courses ensure that participants leave with the feeling that they have actually learned how to apply complex requirements in a practical manner.

ASPE Consulting & Training

Accounting Standards for Private Enterprises, or ASPE, refers to the "made in Canada", stand-alone set of principles-based accounting standards that were developed by the Canadian Accounting Standards Board, or AcSB, to respond to the needs of both private enterprises and the users of their financial statements.

GAAP IFRS & ASPE Consulting

Rapidly changing accounting standards make it difficult to keep pace with financial reporting requirements. An experienced consultant can help you navigate through the changes and prepare for your financial reporting requirements in the most efficient manner while ensuring high-quality financial reporting. Jo-Ann Lempert, CA is recognized for her technical abilities to understand the ever-changing standards while at the same time, having the business experience to help clients practically apply the requirements.

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IFRS Consulting
ASPE Consulting

Transition to International Financial Reporting Standards (IFRS)
Transition to Accounting Standards for Private Enterprises (ASPE)
Customized training sessions
Accounting for transactions under IFRS and ASPE

Lempert Consulting

Lempert consulting specializes in transition implementation, expert advisory services and top-quality training services all customized to client specific requirements.

Our goal is to ensure financial reporting requirements under Canadian Generally Accepted Accounting Principles (GAAP), which includes International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE), are understood, applied and implemented in a meaningful and relevant way, taking into account the specific business context in which it is being applied.

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