Accounting standards for accountants in Canada are established by:

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The accounting standards for accountants in Canada are established by the Chartered Professional Accountants of Canada (CPA Canada). The CPA Canada has developed a framework for financial reporting that includes Canadian Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and Accounting Standards for Private Enterprises (ASPE). While the International Accounting Standards Board (IASB) develops IFRS, the Canadian Securities Administrators (CSA) and the Canadian Public Accountability Board (CPAB) have oversight roles in ensuring compliance and enforcement of accounting standards in Canada. However, they do not establish the standards themselves.

Accounting Standards for Accountants in Canada Are Established By