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Keyword: International Financial Reporting Standards

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Standards setters endorse creation of home-grown sustainability board

Money in hands with leaf growing

Global regulators adopt plan for developing sustainable finance

Money in hands with leaf growing

Amid concerns about greenwashing, regulators push for global sustainability standards

Cartoon of business man with thumbs down

Regulators' reviews uncovered issues with both ESG disclosure and financial reporting

Fewer reviews completed in fiscal 2012 as regulators increased the number of full reviews

Volatility in earnings was due more to the mark-to-market accounting rules that were already in place

Changes in accounting standards never attract broad public attention, but the big move this year to the international financial reporting standards by all Canadian publicly traded companies could catch the attention of your clients.The switch to IFRS from Canadian generally accepted accounting principles means that financial measures — such as return on equity — and […]

IASB and FASB have set 2011 as the year that all ‘major’ joint accounting projects must be completed

Change will make it harder to compare some Canadian companies with their U.S. peers

The new IFRS provides information useful to investors and gives a “true and fair view” of the economic substance of a business