Canada – Who’s managing risks in the transition to IFRS?

Making the transition from Canadian GAAP to International Financial Reporting Standards (IFRS) requires a risk-intelligent approach. Publicly-accountable enterprises will need to issue comparative IFRS statements for 2010 — which means that organizations with a December 31 year-end will need to be IFRS-ready as of January 1, 2010. (Read the article “Who’s managing risks?” in the November 2009 issue of CAmagazine.