Managing the Transition to IFRS in Canada

Canada's move to IFRS affects publicly-traded companies and other publicly-accountable enterprises. Because of the magnitude of the change, as well as its timing, affected enterprises should act soon. A KPMG publication called Managing the Transition to IFRS: The journey to 2011 focuses on the upcoming transition in Canada, its timing and how enterprises should prepare. It describes what companies in Europe and Australia learned from their experience in 2005 and how the transition may be smoother in some ways but more challenging in others. Finally, it highlights where to find other resources providing more detailed insights and information.