IFRS: a strategic opportunity | The moving target of IFRS How can three industries successfully make the conversion when the rules keep changing? Organizations in the oil and gas, utilities and financial services sectors face some unique issues. Learn more. (As originally appeared in The Bottom Line, March 2009) Pensions and benefits under IFRS: What you need to know in the new era This new publication (pdf, 173K) outlines the key differences between IFRS and Canadian GAAP in terms of an organizations' pensions and benefits programs. IFRS Conversion: What CFOs Need to Know and Do Ernst & Young has prepared another must-read IFRS publication for the Chartered Accountants of Canada. IFRS Conversion: What CFOs Need to Know and Do provides a comprehensive overview of the essential CFO role in the transition to IFRS (PDF, 391K). Is your IT department ready for IFRS? Learn about the integral role played by IT departments during an IFRS conversion, and the top considerations for CIOs and IT departments (pdf, 251K). IFRS update 2008 Companies reporting under IFRS are now facing a wave of new standards and interpretations, most of which will become effective on 1 January 2009. Our 2008 IFRS update (pdf 3.5Mb) gives you an overview of the upcoming changes, highlighting the key aspects that affect many different areas of accounting. International financial Reporting Standards (IFRS) and oil and gas: a delicate mix Reprinted with permission from Oil & Gas Network, October 2008 Canada’s oil and gas sector has seen its fair share of challenges lately: a new royalty regime, evolving domestic and international tax rules, environmental and regulatory pressures — and, of course, a talent crunch. Now, there’s International Financial Reporting Standards (IFRS). There’s no question that converting to IFRS is a top priority for this country’s oil and gas sector. Read the article to learn more (pdf, 113K). Is your internal audit department ready for IFRS? Internal audit teams should play an integral role in an IFRS conversion. Learn how your internal audit group will be affected, and how it can make a positive difference throughout the five phases of your conversion (pdf, 402K). |
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Learn more: Global IFRS resources Please see our Global IFRS site for additional resources, including Ernst & Young's global IFRS newsletter, IFRS outlook and web-based learning modules.
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