Buy custom Adopting IFRS in Canada
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| Topic: |
Business
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| Number of pages / Number of words: |
15 / 3955 |
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This report will provide insight in the future of accounting standards in Canada.
B. BACKGROUND INFORMATION
In March 2004, the Accounting Standards Board of Canada (AcSB) began a review of its strategies for setting accounting standards in Canada. An invitation to comment was issued in May 2004 seeking public inputs...
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An invitation to comment was issued in May 2004 seeking public inputs. The invitation to comment several issues one of which was the issue of whether Canada should maintain its own Generally Accepted Accounting Principles (GAAP) or adopt either the US GAAP or International Financial Reporting Standards (IFRS)...
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General points of the essay
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