Investment counsel and portfolio managers, limited market dealers and exchange contracts dealers are among those who will be required to use IFRS
Private companies lagging behind, survey shows
Not all dealers meet the definition of a publicly accountable enterprise
Regulator contacting institutions with gaps in plans
Differences between private company GAAP and IFRS may present challenges in accessing equity and debt financing
Paul Cherry, Accounting Standards Board (AcSB) chairman, has been appointed chairman of the International Accounting Standards Board’s Standards Advisory Council (SAC), effective Jan. 1, 2009, for a three-year term.“Paul’s appointment recognizes his exceptional talents and contributions to international accounting standards over many years,” said Doug Hyndman, chairman of Canada’s Accounting Standards Oversight Council, in a […]
Summit aimed at helping companies prepare
Course aims to steer individuals, companies through transition process
Canada’s Accounting Standards Oversight Council (AcSOC) has expressed full support for the ongoing efforts of the International Accounting Standards Board (IASB) to develop a globally accepted set of high quality financial reporting standards.At its recent meeting in Montreal, the AcSOC reviewed developments to improve financial reporting in light of the current global financial turmoil.AcSOC members […]
Progress reports on preparations for the change are required by April 2009