2011 Financial Reporting in Canada under IFRS

Financial Reporting in Canada under IFRS (2011 Edition) is a comprehensive and practical reference source that looks at the application of IFRS from a Canadian perspective. It examines and explains IFRS requirements in a summarized easy-to-read format using visual aids such as tables, charts and diagrams. It illustrates their application using real-world extracts of financial statements as well as short case studies. It also includes comparisons of the requirements under pre-changeover Canadian GAAP and IFRS.

Chapter 20 – First-time Adoption of IFRS – available for free download

This chapter deals with first-time adoption transitional areas such as discussion of  optional exemptions and mandatory exceptions and their application. It also provides excerpts of first-time adopter interim and annual IFRS financial statements and note disclosures and sample IFRS Management Discussion and Analysis disclosures before and after the changeover.

Full publication available from the CAstore:

English edition 
French edition – Spring 2011