Acumen

A Comprehensive Examination for Canadian Reporting Entities on First Time Adoption Of IFRS and Related Operational Considerations

Canadian GAAP is being eliminated. There are transitional requirements that require reporting in 2008 and, for effective compliance, you will need comparative information for 2010. The transition process will be complex and challenging as a wholesale GAAP conversion will require extensive planning and comprehensive integration with all departments and systems.

The transition process will be complex and challenging as a wholesale GAAP conversion will require extensive planning and comprehensive integration with all departments and systems.

During the transition for full IFRS compliance, there will be significant differences to address for multi-jurisdictional reporting entities. This will be no mere technical accounting task for entities filing with the SEC if they want to avoid reconciliations. Early adoption will require long-term planning and clear vision of what the implementation requires.

IFRS In Canada – Business and Implementation Strategies has been specifically tailored to meet your immediate information needs for initial planning and evaluation of this monumental challenge. This conference will lead you through the project planning process and highlight critical ancillary topics that are often under-estimated including information systems, legal considerations and income tax planning.

IFRS In Canada – Business and Implementation Strategies provides the most complete examination of this challenging process that you will find anywhere in Canada. With an operation focus on transition and implementation, this event will walk you through

Understanding the AcSB plan and what to expect from standard setters
First time adoption – essential decisions and considerations
Component accounting and establishing your cost generating units (CGU)
Key legal considerations for IFRS convergence planning
IFRS impact on information systems
Increased and more frequent disclosures
Profile of an IFRS conversion – a project management approach
Fair value accounting and specific issues of concern
Implementation issues for financial instruments and hedge accounting
Impairment: measurement, recognition and allocation
IFRS compliance for foreign operations
Impact of IFRS on the tax function and tax life cycle
CASE STUDY – Experiences in Adopting IFRS at Ontario Power Generation

As well, there will be a half day, practical workshop that will enable you to work with experts in IFRS project planning and implementation who will give you a greater applied knowledge to tackle you own situation. Please see the detailed workshop outline enclosed for full information on these sessions.



	IFRS IN CANADA- Business Issues and Implementation Strategies A Comprehensive Examination for Canadian Reporting Entities on First Time Adoption Of IFRS and Related Operational Considerations November 25 - 27, 2008 • Toronto Canadian GAAP is being eliminated. There are transitional requirements that require reporting in 2008 and, for effective compliance, you will need comparative information for 2010. The transition process will be complex and challenging as a wholesale GAAP conversion will require extensive planning and comprehensive integration with all departments and systems. The transition process will be complex and challenging as a wholesale GAAP conversion will require extensive planning and comprehensive integration with all departments and systems. During the transition for full IFRS compliance, there will be significant differences to address for multi-jurisdictional reporting entities. This will be no mere technical accounting task for entities filing with the SEC if they want to avoid reconciliations. Early adoption will require long-term planning and clear vision of what the implementation requires. IFRS In Canada – Business and Implementation Strategies has been specifically tailored to meet your immediate information needs for initial planning and evaluation of this monumental challenge. This conference will lead you through the project planning process and highlight critical ancillary topics that are often under-estimated including information systems, legal considerations and income tax planning. IFRS In Canada – Business and Implementation Strategies provides the most complete examination of this challenging process that you will find anywhere in Canada. With an operation focus on transition and implementation, this event will walk you through Understanding the AcSB plan and what to expect from standard setters First time adoption – essential decisions and considerations Component accounting and establishing your cost generating units (CGU) Key legal considerations for IFRS convergence planning IFRS impact on information systems Increased and more frequent disclosures Profile of an IFRS conversion – a project management approach Fair value accounting and specific issues of concern Implementation issues for financial instruments and hedge accounting Impairment: measurement, recognition and allocation IFRS compliance for foreign operations Impact of IFRS on the tax function and tax life cycle CASE STUDY – Experiences in Adopting IFRS at Ontario Power Generation As well, there will be a half day, practical workshop that will enable you to work with experts in IFRS project planning and implementation who will give you a greater applied knowledge to tackle you own situation. Please see the detailed workshop outline enclosed for full information on these sessions.