As Canada transitions to IFRS, there may be significant implications for collecting data. Read more »

Under IFRS – disclosures is an area of significant change that must be addressed early on in the conversion process planning. Read more »

There is a difference between Canadian GAAP and IFRS with regards to Related Party Transactions. Read more »

IFRS-1 provides direction for first time transition to IFRS and therefore is extremely important. Read more »

There are some differences between IFRS and Canadian GAAP that are worth noting, and therefore a few comments are being made about the accounting for any recognized Goodwill, which for Canadian GAAP is tested annually for impairment. Read more »

IFRS has one standard for provisions – IAS 37 – Provisions, Contingent Liabilities and Contingent Assets. Read more »