2011 Financial Reporting in Canada under IFRS is a concise, practical reference source that looks at the application of IFRS from a Canadian perspective. It examines and explains IFRS requirements, illustrating their application using real-world extracts of financial statements from companies that have already adopted IFRS. It also includes comparisons of the requirements under Canadian GAAP and IFRS; tables, charts and diagrams, summarizing the requirements in easy-to-read point form; as well as examples of application presented in short case studies.
Chapter by chapter explanations of the application of IFRS
Designed to help preparers of financial statements, practitioners and students gain a better understanding of the application of IFRS in Canada; each chapter discusses a particular accounting topic and includes the following:
- List of the standards discussed in the chapter;
- Overview of the key requirements;
- Impact on financial statements;
- Analysis of relevant accounting issues;
- Comprehensive examples;
- Future developments; and
- Planning for implementation tips.
New this year
We’ve added more visual aids, such as tables, charts and diagrams, summarizing the requirements in easy-to-read point form, as well as short case studies and extracts of the financial statements of companies already using IFRS round out the illustrations of the specific requirements.
Updated to September 2010.
ISBN: 978-1-55385-543-9
Publication Date: March 2011