IFRSs — A Done Deal!

Canada's Accounting Standards Board (AcSB) staff has written a follow-up article on the AcSB’s omnibus Exposure Draft, “Adopting IFRSs in Canada.” It clarifies who is affected by the move to IFRSs, highlights the importance of preparing now, rather than later, and explains why becoming familiar with IFRSs may not be as difficult as some might think. (Read the article on
IFRSs — A Done Deal!)