Financial Reporting in Canada under IFRS 2011

Financial Reporting in Canada under IFRS 2011 is a concise, practical reference source that looks at the application of International Financial Reporting Standards (IFRS) from a Canadian perspective. It examines and explains IFRS requirements, illustrating their application using real-world extracts of financial statements from companies that have already adopted IFRS. It also includes: comparisons of the requirements under Canadian GAAP and IFRS; tables, charts and diagrams summarizing the requirements in easy-to-read point form; and examples of application presented in short case studies. The publication is available for purchase from the CAstore online. A free sample chapter (Chapter20 – First-time Adoption of IFRS) is also available online.

CSA Staff Notice 52-328: Disclosure about Accounting Policies in the Year of Changeover to International Financial Reporting Standards (IFRS)

For many issuers, the adoption of IFRS will result in one or more significant changes in an issuer’s accounting policies. This notice responds to specific questions CSA staff have received on disclosure about accounting policies in an issuer’s interim and annual Management’s Discussion and Analysis (MD&A) in the year of changeover to International Financial Reporting Standards (IFRS). (See CSA Staff Notice 52-328: Disclosure about Accounting Policies in the Year of Changeover to International Financial Reporting Standards (IFRS).