IFRS + Information Systems
One of the areas that companies will need to focus on is the information systems. The September 2008 CA Magazine (Denis Posten et al) has an excellent overview of IT considerations and some excerpts from that article have been included. Read more »

IRFS 1
First-time Adoption of International Financial Reporting Standards, was developed by the IASB to provide some relief to enterprises preparing their first annual financial statements in complete compliance with IFRSs. Read more »

Early Adoption of IFRS
The Canadian Securities Administrators recently issued an IFRS concept paper 52-402 on February 15, 2008 to invite discussion and feedback on various IFRS details including the option for early adoption of IFRS for financial years beginning 2009. Read more »

Shades of SOX

As changes to financial reporting, IT systems, business processes and perhaps entity controls evolve throughout the IFRS conversion time frame, it’s critical that internal controls, especially those related to NI 52-109 and SOX 404 certification, are maintained, redesigned and operate effectively throughout the IFRS conversion project. Read more »

IFRS – Key Timelines and Requirements – Canada

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The TAX process can often be one of the most complex processes, due to the inherent complexity of the various types of taxes that impact organizations. Read more »