May

Deloitte Canada IFRS transition newsletters

02 May 2010

Deloitte Canada has published the April 2010 issue of their Countdown IFRS transition newsletter, to discuss practical issues Canadian companies are facing in IFRS transition as well as to provide an update on recent IFRS events.

Articles in this issue include:
  • The Opening Act - our perspectives on the Opening IFRS Balance Sheet
  • The Real Deal - Practical application tips and examples from LightYear on the Opening IFRS Balance Sheet
  • An update on international standard setting activities
Click below for: Related items:

Deloitte webcast on IFRSs in the USA

01 May 2010

On 11 May 2010, Deloitte (United States) will host a free live Dbriefs webcast titled International Financial Reporting Standards: Key Steps Companies Should Consider Taking Now. In light of the SEC's recent statement in support of moving to IFRSs, as well as proposed changes to statutory reporting requirements for US companies with international subsidiaries, many companies are asking what practical steps can be taken to prepare for IFRS and when?

This webcast will discuss:
  • Identification of time-sensitive IFRS activities.
  • Ways to address potential process and system implications of IFRSs
  • Possible implications to global cash tax and tax planning
  • Statutory IFRS requirements in international jurisdictions such as the UK and Brazil

 

  • Webcast Topic: IFRSs: Key Steps Companies Should Consider Taking Now
  • Date and Time: Tuesday, 11 May 2010, 3:00-4:00pm US EDT
  • Host: Rich Rorem, Principal - Deloitte Consulting LLP
  • More Information and Registration: Click Here

 

 

IFRS XBRL taxonomy for 2010 is available

01 May 2010

The IASC Foundation has released the IFRS XBRL Taxonomy 2010. The 2010 taxonomy is consistent with IFRSs and with the IFRS for Small and Medium-sized Entities (SMEs), and for the first time both have been integrated into a single taxonomy.

The IFRS Taxonomy 2010 is a translation of IFRSs as issued at 1 January 2010 into XBRL (eXtensible Business Reporting Language). XBRL facilitates simpler and faster electronic filing of financial information and comparison of IFRS financial data by companies, regulators, investors, analysts, and other users of financial information. Click Here to access the IFRS Taxonomy files and accompanying materials on the Foundation's website.

 

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