Balance Sheet Presentation under IFRS

The link below points to an article prepared for the Financial Post by Karine Benzacar, CMA which is a quick primer outlining the Balance Sheet presentation suggested on the adoption of IFRS in Canada.

http://www.cmabc.com/index.cfm/ci_id/14089/la_id/1/document/1/re_id/0

You will note that it is substantially different than the presentation currently used and breaks up the balance sheet into the following components:

Net operating assets
Investing assets
Financing assets
Financing liabilities
Income taxes
Assets held for sale
Equity

Karine also wrote a more detailed article on IFRS financial statement presentation which is in the February edition of CMA Magazine.

2009 Federal Budget Report

This is an abridged version of the budget report of BDO Dunwoody and has been prepared for our members with their permission. It addresses solely the taxation initiatives in the budget.

Please click on the link below to see the report.

http://www.cmabc.com/index.cfm/ci_id/14090/la_id/1/document/1/re_id/0