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.
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