MD&A

by John Hughes Here’s one of the significant IFRS/Canadian GAAP differences reported by TMX Group Inc.: Of course, all such cases are different, and I don’t know much about the specific facts applying here; TMX is obviously in a very … Continue reading →...

by John Hughes The CSA has issued CSA Staff Notice 52-328 Disclosures about Accounting Policies in the Year of Changeover to International Financial Reporting Standards. The notice focuses on the MD&A requirements, in Form 51-102F1, for disclosures about newly-adopted accounting … Continue reading →...

by John Hughes A final batch of these (the most recent entry, linking back to the others, was here). For an entity undergoing a relatively straightforward conversion, something along the lines of this example from United Mining Group Inc. might provide an … Continue reading →...

by John Hughes Another batch of these (previous installments were here and here). SNC-Lavalin illustrates a graphical approach to showing the impact of IFRS on equity (the company certainly has one of the more eye-catching MD&A, although I don’t suppose it … Continue reading →...

by John Hughes Another batch of these disclosures (the first installment was here), again focusing on year-end filings containing information about the impact of IFRS both on equity/the balance sheet and on the income statement. First, here’s an extract from … Continue reading →...

by John Hughes As you’d expect, the final batch of calendar-year-end filings under Canadian GAAP is generating a lot of good MD&A information about the anticipated impact of IFRS. I’ll use this post to point out a few of them, … Continue reading →...

by John Hughes The Ontario Securities Commission has issued a new IFRS document, Top 10 Tips for Public Companies Filing their First IFRS Interim Financial Report, and as I try to cover the Canadian landscape fairly thoroughly here, I’d obviously be remiss … Continue reading →...

by John Hughes I almost forgot,  but here are a few more interesting IFRS-related examples from third quarter MD&A (my previous posts on this topic were here and here).  First of all, Pengrowth Energy Trust provides another illustration of distinguishing between reclassifications and … Continue reading →...

by John Hughes Incredibly, I find it’s over a year since I wrote my post on non-GAAP measures in the context of IFRS. I’ll just summarize the issue again here in the same terms I used then: IFRS changes the … Continue reading →...

by John Hughes Since I think there’s a lot of interest in these disclosures, here are a few more recent examples of quantified IFRS information from third quarter MD&A. Talisman Energy Inc. currently summarizes the expected impact in terms of … Continue reading →...