23 March 2011: Canadian study reveals impact of IFRS transition

This item was filled under Accounting

A new study by the Certified General Accountants Association of Canada (CGA-Canada), ‘The Effects of IFRS on Financial Ratios: Early Evidence in Canada’, outlines the findings from a comparison of the financial statements of Canadian companies that early adopted IFRS and statements prepared under pre-changeover Canadian GAAP.

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