IFRSCanada:The devil is in the details

Exploring issues and problems with the implementation of IFRS in Canadian "publicly accountable enterprises". The "devil is in the details".There is more than one devil and all have to be exorcised! This blog will identify the details, share experiences of resolution and what is being said by the CICA, OSC, FASB, SEC,IASB,CMA and CGA.The developing situation with acceptance of IFRS in the USA and the effects on Canadian registrants with the SEC will be monitored.

Saturday, July 5, 2008

IFRSUSA: Timing Plan for IFRS implementation soon?

According to a posting in the FEI (USA) Financial Reporting Blog today a timing plan for IFRS conversion in the USA may be imminent. The posting refers to an article in today's New York Times (July 5). Please check out the discussion in their blog.

http://www2.financialexecutives.org/blog/blog.cfm?blog_id=1#20080705072647

This is interesting since I have been reading in some places that an anouncement of a conversion plan could be up to two years away?

Don't forget they are looking for people to sign up - see my posting on other blogs part two.

2 comments:

AnonymousJuly 5, 2008 at 10:12 PM
Darla, thanks very much for citing our blog in your post today, I updated our post to include a link back to your blog, which I meant to do as I am sure it will be a useful resource on Canada's experience in adopting IFRS through your eyes.
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The IFRS Exorcist ©July 5, 2008 at 10:22 PM
Thank you Edith it's much appreciated. Good luck on building your readership!
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