Businesses in Canada have several types of accounting standards: International Financial Reporting Standards (IFRS), Accounting Standards for Private Entrepreneurs (ASPE) and standards for not-for-profit organizations. These standards are published by the Canadian Institute of Chartered Professional Accountants (CICA).
International Financial Reporting Standards (IFRS);
Accounting standards for private enterprises;
Accounting standards for not-for-profit organizations;
accounting standards for pension plans;
Accounting standards before the changeovers.