Changeover to IFRS confirmed for 2011

The Accounting Standards Board of Canada has confirmed recently the changeover date to IFRS for publicly accountable for-profit organizations, set for periods beginning on or after January 1, 2011. The announcement is available in PDF format. It sounds like we’re going to have to know and be able to apply two sets of principles, asContinue reading “Changeover to IFRS confirmed for 2011”

Interview for a job, get paid

A blog I follow, JobsintheMoney’s CareerWire, has drawn my attention to a very interesting site, especially for in-demand professionals such as accountants. The site is called NotchUp and allows employers to pay to interview job candidates who otherwise wouldn’t be looking for a new job. Associated Press has the lowdown: How it works: You plugContinue reading “Interview for a job, get paid”

A little help for the transition to IFRS

A while ago I received an email informing me of a newsletter available for Canadian accounting professionals detailing the transition from Canadian GAAP to international standards, IFRS. The newsletter is provided by The Finance Group, headed up by Gordon Heard, CA, and all three issues to date are available for download (in PDF format). TheContinue reading “A little help for the transition to IFRS”

Asset impairment and writedown leads to blogging abyss

I don’t often bother my readers with tidbits from my personal life unless it somehow converges with my professional life and I feel that it could be of some interest to others. I’m a big accounting geek, and as such I have a personal balance sheet in my head, where I employ some questionable accountingContinue reading “Asset impairment and writedown leads to blogging abyss”