The case is based on interviews with Paul Cherry, who as chairman of the Canadian AcSB accounting standard setter led the process that led Canada to adopt International Financial Reporting Standards (IFRS). Housing provides a rich and deep study of the real world considerations that led Canada to adopt IFRS. It offers analysis of competing alternatives, such as U.S. GAAP, describes the process of consultation and determines thinking that led to Canada decided to adopt IFRS. The case offers a unique opportunity for students to see the leader in the Canadian accounting profession found that actually led to the adoption of IFRS. "Hide
by Vaughan Radcliffe, Mitchell Stein Source: Richard Ivey School of Business Foundation 16 pages. Publication Date: October 27, 2011. Prod. #: W11398-PDF-ENG
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