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What are the challenges in preparing for the changeover to IFRSs in 2011? Share your views at a roundtable in Montreal on Monday, April 20, 2009. After a lengthy process of consultation and discussion, in 2006 the AcSB decided to adopt International Financial Reporting Standards (IFRSs) as the basis for financial reporting by publicly accountable enterprises in Canada. A further review was carried out in 2007 and 2008 to fix the changeover date, which was confirmed as fiscal years beginning on or after January 1, 2011. The AcSB has taken various steps to carry out the implementation of its strategy, and encouraged others to take action in support of the strategy. For many stakeholders, the transition is now well advanced, but the AcSB continues to monitor and address implementation issues as they arise. One such issue is whether the changeover date should be deferred. Information about the AcSB’s strategy for adopting IFRSs is available on its website at www.acsbcanada.org. The roundtable will be held from 13.30-15.30 EDT on Monday, April 20, 2009 in Montreal. To participate in this roundtable, register by contacting Florita Dinglasan at florita.dinglasan@cica.ca or Marites Alvarez at marites.alvarez@cica.ca by Wednesday, April 15, 2009. When registering, please also identify your organization. In case of oversubscription, the AcSB might need to limit attendance to one individual per organization. |