On December 2, 2009, I was a speaker at an IFRS conference in Toronto, Canada, organized by Acumen Information Services. Read more »

The IFRS requirement for the componentization of Property, Plant and Equipment (PP&E) or “Fixed Assets” might require a change to a company’s data collection processes and systems. Read more »

Identification and measurement of impairments under IAS 36 are significantly different than Canadian GAAP 3063 – Impairment of Long Lived Assets.  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 »