Monday, September 11, 2006

Public companies and the move to international accounting

Over the next five years, public companies in Canada will move to financial reporting using IFRS. Bulletin #3 offers suggestions and a tentative timetable to manage the process as Canadian accounting standards go global. Further Bulletins will present more information on aspects of change involved in the transition to international financial reporting standards for publicly accountable enterprises and changes in the accounting standards for private companies and not-for-profit organizations. The series is available at www.acsbcanada.org.