Responding to rapid change

There have been significant accounting developments in Canada and across all territories. In the short-term, this pace of change is likely to continue.

Moving forward, some of the most significant developments will be in the area of International Financial Reporting Standards (IFRS) and United States Generally Accepted Accounting Practice (GAAP). Over time, these accounting frameworks are likely to be the only remaining financial bases of preparation for mining companies.

This rapid pace of change can present challenges to mining companies who must not only keep pace with current changes, but also plan for future developments.

We help mining companies understand the complexities of these developments and how they relate to their specific circumstances.

Contact an industry professional in your area to discuss your unique business concerns related to new accounting developments.