Please note…

You are now on the ey.com Canada site. To return to the ey.com United States site or other country site, click on the Canada (English) link on the upper right of this page, and select your preferred country site.

x
Skip to main navigation

Ernst &Young >Services>Financial Reporting Alert - For publicly accountable entities - Ernst & Young - Canada

  • Share

Key Points from the April 2012 IFRS Discussion Group

Financial Reporting Alert, 2012 Issue No. 2, 17 May 2012

On 19 April 2012, the IFRS Discussion Group of the Accounting Standards Board gathered to discuss the following issues:

  • Preparers’ observations and experiences on first annual IFRS financial statements
  • IFRS 3 and IAS 12: Uncertain tax positions acquired in a business combination
  • IFRS 3 and IFRS 13: Measuring the fair value of debt assumed in a business combination
  • Going concern language in SEC filings
  • News from regulators on IFRS adoption
  • IAS 16: Useful life of leasehold improvements
  • IAS 40: Initial direct leasing costs when applying the fair value model
  • IAS 33: Diluted earnings per share when debt can be settled in cash or shares
  • IAS 12: Part VI.1 tax on dividends paid to preferred shareholders

Learn more in our latest Financial Reporting Alert.

Also available for download:

Business Meeting

Contacts

Doug Cameron
Leader
416 943 3665
Toronto

Contact a member of our team.

Sign up for our email alerts

Stay on top of conversion issues and updates with our Financial Reporting Alert for publicly accountable entities and our Private Enterprises Accounting Alert.

Back to top