Thursday, November 27, 2008
Helping CFOs make the Transition to IFRS
In 2011, the financial statements for all publicly accountable enterprises in Canada will be based on International Financial Reporting Standards (IFRS). CFOs need to prepare now for the changeover, if they are to adequately meet their responsibilities. The Canadian Institute of Chartered Accountants (CICA) has developed a publication, IFRS Conversions: What CFOs Need to Know and Do that provides an overview of the essential CFO role in the transition to IFRS.