Friday, January 30, 2009

Impact of IFRS on the Canadian Technology sector

The transition to International Financial Reporting Standards (IFRS) for technology companies throughout Europe and Australia has shown there are some interpretation and application challenges unique to technology companies. A new publication by PricewaterhouseCoopers (PwC) aims to highlight some of the significant differences between Canadian GAAP and IFRS that will specifically impact the technology sector. (Read PwC's Impact of IFRS on the Canadian Technology sector.)