There are many similarities of both style and substance between old Canadian GAAP and IFRS GAAP. But there are also a number of differences that you have to know about as your company makes the transition to international accounting standards.
Plan your professional development with a view to international standards. Stay tuned to this page for new and updated international standards, professional development products, and other sources of IFRS and IAS information.
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Selected IFRS Standards Series
CPD Courses designed to help you get ready for the transition to IFRS
IFRS 1, First Time Adoption of IFRS & IAS 1, Presentation of Financial Statements—Updated 2011
IFRS 2, Share-based Payment — 2012
IFRS 3, Business Combinations, IFRS 10, Consolidated Financial Statements,and IFRS 12. Disclosure of Interests in Other Entities — June 2011
IFRS 7/IAS 32, Financial Instruments — Presentation & Disclosures — 2012
IFRS 11, Joint Arrangements, IFRS 12,Disclosure of Interests in Other Entities, and IAS 28, Investments in Associates and Joint Ventures — June 2011
IFRS 13, Fair Value Measurement — New July 2011
IAS 16, Property, Plant and Equipment and IAS 38, Intangible Assets — 2011
IAS 17, Leases — March 2011
IAS 36, Impairment of Assets and IAS 37, Provisions, Contingent Liabilities and Contingent Assets — 2011
IAS 39, Financial Instruments Recognition and Measurement — 2012
Articles
IFRS 1 First Time Adoption of IFRS — 2011
IFRS 2 Share-based Payment — 2012
IFRS 3 Business Combinations — 2011
IFRS 7 Financial Instruments: Disclosure — 2012
IFRS 10 Consolidated Financial Statements — 2011
IFRS 11 Joint Arrangements — 2011
IFRS 12 Disclosure of Interests in Other Entities — 2011
IFRS 13 Fair Value Measurement — 2011
IAS 1 Presentation of Financial Statements — 2011
IAS 16 Property, Plant and Equipment — 2011
IAS 17 Leases — 2011
IAS 27 Consolidated and Separate Financial Statements — 2009
IAS 28 Investments in Associates and Joint Ventures — 2011
IAS 32 Financial Instruments: Presentation — 2012
IAS 36 Impairment of Assets — 2011
IAS 37 Provisions, Contingent Liabilities and Contingent Assets — 2011
IAS 38 Intangible Assets — 2011
IAS 39 Financial Instruments: Recognition and Measurement — 2012
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Reporting on Financial Statements under Canadian Auditing Standards — March 2011
Reporting Implications of New Auditing and Accounting Standards — February 2011
Revenue from Contracts with Customers — Exposure Draft
IASB Update — July 2010
Comparison of IFRSs (Part I) and Canadian GAAP (Part V)- as of December 31, 2009
Accounting Standards for Private Enterprises
IFRS in your pocket — 2010
IFRS Interpretations Committee Update
Improvements to IFRSs 2010
Private Enterprise Standards – simplified not simplistic
Assurance Implications of the Changeover to IFRSs (2nd edition)
Filling the GAAP – New Standards for Private Companies
Interim financial statements in the year of adoption of IFRSs
Which IFRSs are Expected to Apply for Canadian Changeover in 2011?
Canadian GAAP at a Crossroads
IFRS in your pocket - 2009
IFRS for SMEs: Pocket guide 2009
Seven key differences
IFRS Conversions – What CFOs Need to Know and Do
20 Questions Directors and Audit Committees should ask about IFRS Conversions
GAAP for Private Enterprises — FAQs
Assurance Implications of the Changeover to IFRSs
Private Enterprises Exposure Draft
IFRS courses by Knowledge Plus across Canada - click on the link for schedules and cities
Focus on specifics in IFRS training
IFRS brings a radical change to financial statement presentation
IFRS Training
Guide to Quality Control for Use by Small- and Medium-sized Practices
IFRS in Canada – 2008: The Year in Review
Definition of ‘Control’ for the Purposes of Consolidated Financial Statements (ED 10)
The Economy, Rumours of Delays & Information Overload
IASB enhances financial instruments disclosures - 5 March 2009
Newsletters of the International Financial Reporting Interpretations Committee (IFRIC) 2009
Guidance issued on accounting for transfers of assets from customers
CCH Canadian IFRS Bulletin — First-time Adoption of International Financial Reporting Standards (IFRS 1)
PD Net International Accounting resources
IFRS Model Financial Statements
IASeminars is an independent specialist provider of international accounting seminars. CGAs can get 10% discount.
IFRS readiness quiz
Which IFRSs are Expected to Apply for Canadian Changeover in 2011? — Updated December 2008
Comparison of IFRSs and Canadian GAAP — as of July 31, 2008
IASB provides update on response to the credit crisis, issues draft report from expert advisory panel
U.S. Reporting Newsletter for Non-U.S. Based Companies
The Conversion of Canadian GAAP to IFRSs: Volume One – Scoping the Effort
Financial Statement Presentation—Joint Project of the IASB and FASB
Disclosure of Expected Changes in Accounting Policies Relating to Changeover to IFRS
The Canadian Securities Administrators (CSA)
Discussing your IFRS changeover plan in the management’s discussion and analysis (MD&A)
Notice to All Federally Regulated Financial Institutions (FRFIs)
Which IFRSs are Expected to apply for Canadian Changeover in 2011?
Early Adoption of International Financial Reporting Standards, Use of US GAAP, and Reference to IFRS-IASB
IFRS and the Mining Industry: Top Ten Accounting Issues for Canadian Issuers
IAS Plus Newsletters
IFRS Pocket guide – 2008
Newsletters of the International Financial Reporting Interpretations Committee (IFRIC) 2008
New IFRS for Acquisitions (M&A)
KnowledgeNet Available Through IFACnet.com
IFRSs in Canada: Cleared for Take-off
The Road to IFRSs — February 2008
AcSB Implementation Plan for Incorporating IFRSs into Canadian GAAP — Final Report, February 2008
IFRS Advisory Committee (IAC) – Report on Public Meeting
SMP Committee's Strategic and Operational Plan 2007-2010
The End of Canadian GAAP?
IFRS in Canada newsletter
AcSB Publicly Accountable Enterprises Strategy – Executive Summary
AcSB Publicly Accountable Enterprises Strategy – Full Analysis
IFRS Canadian GAAP Comparison
S.E.C. Takes Step Toward Global Accounting Rules