This note provide background on the expansion of international financial reporting standards (IFRS) in Canada. It supplies a simple history of the International Accounting Standards Board and the determination to implement IFRS of Canada.
It subsequently discuss the abstract framework and chats about the disparity between IFRS and other global standards (Canada and the United States).
PUBLICATION DATE: August 27, 2009 PRODUCT #: 909B12-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING