In case your 2010 year-end tasks haven’t flowed over into the new year, you might want to know where to find relevant International Financial Reporting Standards (IFRS) documents. Remember, public enterprises must make the change from their current practices to IFRS by January 1, 2011. Private organizations that choose to adopt IFRS must switch by 2012.
The Canadian Institute of Chartered Accountants offers a dedicated website for IFRS matters.
And the IFRS Foundation offers content tailored specifically for small and medium enterprises. In fact, the foundation publishes IFRS for SMEs, “a self-contained standard designed to meet the needs and capabilities of small and medium-sized entities”.
Try these links, too:
- Small and medium entity implementation group
- Train the trainers workshops
- Training material
- Presentations about the IFRS for SMEs
Adam Gorley
First Reference Human Resources and Compliance Editor
