Will IFRS Help?
Financial Post Management Oct. 28, 2008
University of Alberta School of Business Research Paper No. 2013-1026
Posted: 1 Jul 2013
Date Written: October 28, 2008
Abstract
In Canada, public companies are currently making a transition from the use of Canadian accounting standards to International Financial Reporting Standards (IFRS). This shift is fuelled by two key promises:
-That the international harmonization of accounting standards will result in comparable and consistent financial statements; and
-International accounting standards that are principlesbased (as opposed to rulesbased) will improve the quality of financial statements.
Suggested Citation: Suggested Citation
Karim Jamal (Contact Author)
University of Alberta - Department of Accounting, Operations & Information Systems ( email )
Edmonton, Alberta T6G 2R6
Canada
780-492-5829 (Phone)
780-492-3325 (Fax)
Hun-Tong Tan
Nanyang Business School, Nanyang Technological University ( email )
Singapore, 639798
Singapore
+65 6790 4819 (Phone)
+65 6793 7956 (Fax)