Tag Archives: IFRS – first time adoption
The Impact of IFRS on Technology – A Practical Introduction
Although converting to International Financial Reporting Standards (IFRS) is accounting-driven, organizations should realize very early on that it is a multi-faceted business change initiative that has potentially wide-reaching impacts across… Read more
CICA publication – The IFRS Changeover – A Guide for Users of Financial Reports
In The IFRS Changeover – A Guide for Users of Financial Reports, the Canadian Performance Reporting Board (CPRB) focuses on raising awareness in the user community about the effect of… Read more
PWC: IFRS and U.S. GAAP: similarities and differences: September 2009
The PWC’s guide IFRS and U.S. GAAP: similarities and differences (Sep 2009) will help companies develop a broad understanding of the major differences between IFRS and U.S. GAAP today as… Read more
PWC issues updated guide to new IFRSs for 2010
This PWC publication is a practical guide to the new IFRS standards and interpretations that come into effect in 2010. For three years there was little change to the body of… Read more
Guide for first time adopters of IFRS
In 2003, IFRS 1, First-time Adoption of International Financial Reporting Standards (IFRS 1) was issued by International Accounting Standards Board (IASB). IFRS 1 has since been updated to make it… Read more
Preparing your stakeholders for IFRS
Many Canadian enterprises are now in the transition year of their move to IFRS in 2011. Most of the companies have so far only focused internally with very limited disclosures… Read more
20 Questions Directors and Audit Committees should ask about IFRS Conversions
This publication issued by the Canadian Institute of Chartered Accountants (CICA) lists “20 Questions” briefing is designed to be a concise, easy-to-read introduction to an issue of importance to directors…. Read more