A private company in Canada that is closely held, has no debt, and wants to...

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Accounting

A private company in Canada that is closely held, has no debt, and wants to simplify the accounting process is most likely to report under which part of the CPA Canada Handbook?

A)Part IV Accounting Standards for Pensions

B)Part I International Financial Reporting Standards (IFRS)

C) Part II Accounting Standards for Private Enterprises (ASPE)

D) Part III Accounting Standards for Not-for-Profit Organization

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