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Learn about the risks of using ad-hoc spreadsheets to manage the conversion from Canadian GAAP to IFRS.
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Spreadsheets are invaluable dynamic tools that can provide a wide variety of functionality at a minimal cost. However, anything more than a simple spreadsheet has a high likelihood of errors and those errors can have a significant impact on the organization.
Companies relying on ad-hoc spreadsheets to convert from Canadian GAAP to IFRS are at an even higher risk because the information is reported externally.
IFRS and Spreadsheets: A High-Risk Combination discusses the risks associated with using spreadsheets to convert to IFRS and how to manage them:
September 18, 2017
Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.
Learn about CPA Canada’s board of directors and the upcoming Annual General Meeting to be held in Quebec City on September 27, 2017.
September 7, 2017
The new U.S. reporting standard – subject to approval by the U.S. SEC – contains significant differences from Canadian auditor reporting standards. The AASB is looking at these differences to decide on next steps