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How would International Financial Reporting Standards affect the quality of Canadian accounting information?

Essay specific features

 

Issue:

Business

 

Written by:

Edelmira P

 

Date added:

December 22, 2010

 

Level:

University

 

Grade:

B

 

No of pages / words:

7 / 1854

 

Was viewed:

4038 times

 

Rating of current essay:

 
Essay content:

In order to adapt to the increasingly global business environment, public companies in Canada will move to IFRS by 2011. This movement will have a significant influence on Canadian business such as capital markets, financial statement preparers, the accounting profession, and even accounting students...
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Investors are eager to understand the differences between IFRS and Canadian GAAP. The public companies should be ready to follow IFRS in January, 2011. Even private companies should fit their businesses into the new environment. Therefore, most Canadian companies care about what issues IFRS deals with...
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General issues of this essay:
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