It will come as no surprise that this issue of Financial Reporting Release is all about International Financial Reporting. Standards. How could it not? With Canadian publicly accountable enterprises on the cusp of adopting IFRS and existing Canadian GAAP frozen in anticipation of the changeover, 2010 year end statements are ho-hum. What’s really causing all the excitement in town these days is first-time 2011 IFRS reporting. Specific topics in this issue include:
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