Will IFRS Help?

Posted: 1 Jul 2013

See all articles by Karim Jamal

Karim Jamal

University of Alberta - Department of Accounting, Operations & Information Systems

Hun-Tong Tan

Nanyang Business School, Nanyang Technological University

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

Jamal, Karim and Tan, Hun-Tong, Will IFRS Help? (October 28, 2008). Financial Post Management Oct. 28, 2008, University of Alberta School of Business Research Paper No. 2013-1026, Available at SSRN: https://ssrn.com/abstract=2278631

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)

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