IFRS and the mining industry
14 Aug 2008
Publicly accountable entities in Canada are required to switch to IFRSs starting in 2011 (with an option to adopt IFRSs earlier, even in 2008, with approval of the Provincial securities regulator).
The transition from Canadian GAAP will be different for every company. However, particular industries will experience common themes and issues. Deloitte (Canada) has published IFRS and the Mining Industry: Top Ten Accounting Issues for Canadian Issuers in both English and French:
- IFRS and the Mining Industry: Top Ten Accounting Issues for Canadian Issuers (PDF 264k).
- Les IFRS et le Secteur Minier: Les dix questions comptables de l'heure Pour les émetteurs canadiens (PDF 492k).
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