The case is based on an interview with Paul Cherry, who as chair of AcSB the Canadian accounting standard setter headed a procedure that brought Canada to adopt international financial reporting standards (IFRS). The case provides loaded and in depth evaluation of the real world considerations that led Canada to adopt IFRS.
It provides analysis of the competing options including U.S. GAAP, describes the consultation process and sets out the thinking that led to Canada determining to adopt IFRS. The case provides a distinctive chance for pupils to see a leader in the Canadian accounting profession set out what really led to adoption of IFRS.
PUBLICATION DATE: October 27, 2011 PRODUCT #: W11398-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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