Blanchette, Michel; Racicot, François-Éric; Girard, … - Certified General Accountants Association of Canada - CGA - 2011
Financial Reporting Standards (IFRS) in Canada. The main features of IFRS are explained in the context of a shift from Canadian … – heavier reliance of IFRS on fair value accounting and comprehensive income, and the use of the entity theory for consolidation …. The effects of IFRS on financial ratios in the areas of liquidity, leverage, coverage and profitability are discussed and …