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 »

Under International Financial Reporting Standards (IFRS), borrowing costs are an additional aspect of Property, Plant and Equipment (PP&E) that is worthy of mention and review. Read more »

There is a difference between Canadian GAAP and IFRS as to when depreciation starts. Read more »

There is an explicit requirement under IFRS to review the residual value and useful life of an asset on an annual basis. Read more »