Grant Thornton Feed: Financial statement preparation Keep informed, subscribe to our feed and get our latest updates. 2011-11-16T12:00:00-05:00 Grant Thornton Canada http://www.grantthornton.ca What to expect from Canada's changing review engagement standard urn:uuid:-resources-insights-adviser_alerts-What_to_expect_Engagement_Final.pdf 2017-06-28T12:29:45-05:00 The new Canadian Standard for Review Engagements (CSRE) 2400, Engagements to Review Historical Financial Statements, becomes effective for periods ending on or after December 14, 2017 <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/What_to_expect_Engagement_Final.pdf?jsmobile=0" >click to open PDF</a> Point de vue sur les IFRS – Préparer les états financiers lorsque la base de la continuité de l’exploitation n’est pas appropriée urn:uuid:-resources-insights-adviser_alerts-Alerte_de_votre_conseiller-Point_de_vue_sur_les_IFRS_March2017.pdf 2017-03-23T11:18:48-05:00 La série IFRS Viewpoint fournit des|,|informations sur l’application des IFRS dans|,|des situations complexes. Chaque édition|,|met l’accent sur un aspect des normes dont|,|l’application est difficile ou pour lequel il|,|existe peu de directives. <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/Alerte_de_votre_conseiller-Point_de_vue_sur_les_IFRS_March2017.pdf?jsmobile=0" >click to open PDF</a> IFRS Viewpoint – Preparing financial statements when the going concern basis urn:uuid:-resources-insights-adviser_alerts-Advisor_alert-IFRS_Viewpoint_March2017.pdf 2017-03-23T11:16:50-05:00 Our ‘IFRS Viewpoint’ series provides insights from our global IFRS team on applying|,|IFRSs in challenging situations. Each edition will focus on an area where the|,|Standards have proved difficult to apply or lack guidance. This edition provides|,|guidance on the issues encountered when an entity determines that it is not|,|appropriate to prepare its financial statements on a going concern basis. <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/Advisor_alert-IFRS_Viewpoint_March2017.pdf?jsmobile=0" >click to open PDF</a> Subsidiaries on a page urn:uuid:-resources-insights-adviser_alerts-Subsidiaries_on_a_page_Dec_2015.pdf 2016-10-14T15:06:37-05:00 This publication is intended to provide readers with a summary of the main recognition, presentation and disclosure requirements for Section 1591 Subsidiaries in the Accounting Standards for Private Enterprises (ASPE) in Part II of the CPA Canada Handbook—Accounting. <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/Subsidiaries_on_a_page_Dec_2015.pdf?jsmobile=0" >click to open PDF</a> Interests in Joint Arrangements on a page urn:uuid:-resources-insights-adviser_alerts-Interests_in_joint_arrangement_Dec2015.pdf 2016-05-03T13:32:19-05:00 This publication is intended to provide readers with a summary of the main recognition, presentation and disclosure requirements for Section 3056 Interests in Joint Arrangements in the Accounting Standards for Private Enterprises (ASPE) in Part II of the CPA Canada Handbook—Accounting. <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/Interests_in_joint_arrangement_Dec2015.pdf?jsmobile=0" >click to open PDF</a> Liability for contaminated sites urn:uuid:-resources-insights-adviser_alerts-Adviser_alert_Liability for Contaminated Sites.pdf 2016-04-25T14:08:50-05:00 Section PS 3260 Liability for Contaminated Sites of the Public Sector Accounting Handbook (the Handbook) provides the recognition, measurement, presentation and disclosure requirements for liabilities associated with the remediation of contaminated sites. <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/Adviser_alert_Liability for Contaminated Sites.pdf?jsmobile=0" >click to open PDF</a> États financiers consolidés intermédiaires types 2015 urn:uuid:-resources-insights-adviser_alerts-Adviser_alert_Example_Interim_Financial_Statements_2015 - French_FINAL.pdf 2015-04-27T10:14:39-05:00 L’équipe des IFRS de Grant Thornton International a publié la version 2015 des états financiers consolidés intermédiaires types (Example Interim Consolidated Financial Statements), disponible en anglais seulement, qui a fait l’objet d’une révision et d’une mise à jour visant à illustrer les modifications apportées aux IFRS, incluant l’IAS 34 Information financière intermédiaire (IAS 34), qui sont en vigueur pour les exercices clos le 31 décembre 2015.|,| <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/Adviser_alert_Example_Interim_Financial_Statements_2015 - French_FINAL.pdf?jsmobile=0" >click to open PDF</a> Example Interim Consolidated Financial Statements 2015 urn:uuid:-resources-insights-adviser_alerts-Adviser alert_April 2015_FINAL.pdf 2015-04-27T10:13:07-05:00 The Grant Thornton International IFRS team has published the 2015 version of the Example Interim Consolidated Financial Statements, which has been revised and updated to reflect changes in IFRS, including IAS 34 Interim Financial Reporting (IAS 34), that are effective for the year ending December 31, 2015. <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/Adviser alert_April 2015_FINAL.pdf?jsmobile=0" >click to open PDF</a> En bref: Nouveautés en comptabilité (janvier 2015) urn:uuid:-resources-insights-accounting_standards_developments-Flash publication JAN 2015 FRENCH.pdf 2015-01-30T15:12:46-05:00 Les bulletins En bref offrent un condensé des plus récentes nouvelles et publications provenant des normalisateurs en ce qui a trait aux normes comptables pour les entreprises à capital fermé (NCECF), les organismes sans but lucratif (OSBL) et les régimes de retraite. Les Normes internationales d’information financière (IFRS) ne sont pas abordées dans les bulletins En bref, mais nous publions des Bulletins de nouvelles sur les IFRS, entièrement consacrés aux nouveautés en matière d’IFRS, ainsi que des Alertes de votre conseiller, qui traitent de sujets spécifiques importants. <a href="http://www.grantthornton.ca/resources/insights/accounting_standards_developments/Flash publication JAN 2015 FRENCH.pdf?jsmobile=0" >click to open PDF</a> Flash bulletin: Accounting News (January 2015) urn:uuid:-resources-insights-accounting_standards_developments-Flash publication Jan 2015 FINAL.pdf 2015-01-30T15:09:21-05:00 Flash bulletins provide a summary of the most recent news and publications from standard setters on accounting standards for private enterprises (ASPE), not-for-profit organizations (NFPO) and pension plans. International Financial Reporting Standards (IFRS) are not covered by the Flash bulletins, but we issue IFRS Newsletters, dedicated exclusively to new IFRS developments, and Adviser Alerts on specific topics of importance. <a href="http://www.grantthornton.ca/resources/insights/accounting_standards_developments/Flash publication Jan 2015 FINAL.pdf?jsmobile=0" >click to open PDF</a> Redeemable preferred shares issued in a tax planning arrangement (exposure draft issued) urn:uuid:-resources-insights-adviser_alerts-Grant Thornton Adviser_alert_Preferred_shares_issued_in_a_tax_planning_arrangement.pdf 2014-11-19T14:56:16-05:00 On October 1, 2014, the Canadian Accounting Standards Board (AcSB) issued an exposure draft (ED) pertaining to Accounting Standards for Private Enterprises (ASPE) which proposes significant revisions to the accounting for redeemable preferred shares issued in a tax planning arrangement under specific sections of the Canadian Income Tax Act (ITA). <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/Grant Thornton Adviser_alert_Preferred_shares_issued_in_a_tax_planning_arrangement.pdf?jsmobile=0" >click to open PDF</a> Actions privilégiées rachetables émises à titre de mesure de planification fiscale (exposé-sondage publié) urn:uuid:-resources-insights-adviser_alerts-Alerte de votre conseiller_Expose-sondage actions privilegiees rachetables_sans suivi des modifications.pdf 2014-11-11T10:31:12-05:00 Le 1er octobre 2014, le Conseil des normes comptables du Canada (CNC) a publié un exposé-sondage relatif aux Normes comptables pour les entreprises à capital fermé (NCECF), qui propose d’importantes révisions à la comptabilisation des actions privilégiées rachetables émises à titre de mesure de planification fiscale dans le cadre des dispositions prévues à certains articles spécifiés de la Loi de l’impôt sur le revenu (Canada) (L.I.R.). <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/Alerte de votre conseiller_Expose-sondage actions privilegiees rachetables_sans suivi des modifications.pdf?jsmobile=0" >click to open PDF</a> OECD releases highly anticipated cross-border tax recommendations urn:uuid:-resources-insights-articles-OECD_releases_highly_anticipated_cross_FINAL.pdf 2014-09-18T14:45:48-05:00 Detailed recommendations regarding the first seven of 15 BEPS Action Plan items have been released by the OECD. <a href="http://www.grantthornton.ca/resources/insights/articles/OECD_releases_highly_anticipated_cross_FINAL.pdf?jsmobile=0" >click to open PDF</a> IFRS Newsletter (August 2014) urn:uuid:-resources-insights-accounting_standards_developments-IFRSNewsletterAugust2014.pdf 2014-09-09T16:44:34-05:00 Welcome to|,|IFRS Newsletter—a|,|newsletter that offers|,|a summary of certain|,|developments in|,|International Financial|,|Reporting Standards (IFRS)|,|along with insights into|,|topical issues. <a href="http://www.grantthornton.ca/resources/insights/accounting_standards_developments/IFRSNewsletterAugust2014.pdf?jsmobile=0" >click to open PDF</a> Bulletin de nouvelles sur les IFRS (Aout 2014) urn:uuid:-resources-insights-accounting_standards_developments-BulletindenouvellessurlesIFRSAugust2014.pdf 2014-09-09T16:41:58-05:00 Voici le Bulletin de|,|nouvelles sur les IFRS, un|,|bulletin d’information qui|,|offre un résumé de certains|,|développements concernant|,|les Normes internationales|,|d’information financière|,|(IFRS) ainsi qu’un aperçu|,|de certains sujets de l’heure. <a href="http://www.grantthornton.ca/resources/insights/accounting_standards_developments/BulletindenouvellessurlesIFRSAugust2014.pdf?jsmobile=0" >click to open PDF</a> IFRS News Special Edition urn:uuid:-resources-insights-accounting_standards_developments-GTI IFRS News special edition on IFRS 9 (2014) portrait version.pdf 2014-09-05T14:41:51-05:00 Following several years of development,|,|the IASB has finished its project to replace|,|IAS 39 ‘Financial Instruments: Recognition|,|and Measurement’ by publishing IFRS 9|,|‘Financial Instruments (2014)’. <a href="http://www.grantthornton.ca/resources/insights/accounting_standards_developments/GTI IFRS News special edition on IFRS 9 (2014) portrait version.pdf?jsmobile=0" >click to open PDF</a> A new global standard on revenue—What this means for the manufacturing industry urn:uuid:-resources-insights-accounting_standards_developments-Manufacturing Industry FINAL.pdf 2014-08-12T09:46:01-05:00 The International Accounting Standards Board (IASB) and US FASB have finally issued|,|their new Standard on revenue – IFRS 15 ‘Revenue from Contracts with Customers’|,|(ASU 2014-09 or Topic 606 in the US). This bulletin summarises the new requirements|,|and what they will mean for the manufacturing industry. <a href="http://www.grantthornton.ca/resources/insights/accounting_standards_developments/Manufacturing Industry FINAL.pdf?jsmobile=0" >click to open PDF</a> A new global standard on revenue—What this means for the construction industry urn:uuid:-resources-insights-accounting_standards_developments-Construction Industry FINAL.pdf 2014-08-07T16:03:36-05:00 The International Accounting Standards Board (IASB) and U.S. FASB have finally issued|,|their new Standard on revenue – IFRS 15 ‘Revenue from Contracts with Customers’ (ASU|,|2014-09 or Topic 606 in the U.S.). This bulletin summarises the new requirements and|,|what they will mean for the construction industry. <a href="http://www.grantthornton.ca/resources/insights/accounting_standards_developments/Construction Industry FINAL.pdf?jsmobile=0" >click to open PDF</a> A new global standard on revenue—What this means for the retail industry urn:uuid:-resources-insights-accounting_standards_developments-Retail Industry FINAL.pdf 2014-08-07T15:45:13-05:00 The International Accounting Standards Board (IASB) and US FASB have finally issued|,|their new Standard on revenue – IFRS 15 ‘Revenue from Contracts with Customers’|,|(ASU 2014-09 or Topic 606 in the US). This bulletin summarises the new requirements|,|and what they will mean for the retail industry. <a href="http://www.grantthornton.ca/resources/insights/accounting_standards_developments/Retail Industry FINAL.pdf?jsmobile=0" >click to open PDF</a> A new global standard on revenue—What this means for the software and cloud services industries urn:uuid:-resources-insights-accounting_standards_developments-Software and Cloud Services Industry FINAL.pdf 2014-08-07T15:37:00-05:00 The International Accounting Standards Board (IASB), along with the FASB in the US,|,|have finally issued their new Standard on revenue – IFRS 15 ‘Revenue from Contracts|,|with Customers’ (ASU 2014-09 or Topic 606 in the US). This bulletin summarises the new|,|requirements and what they will mean for the software and cloud services industries. <a href="http://www.grantthornton.ca/resources/insights/accounting_standards_developments/Software and Cloud Services Industry FINAL.pdf?jsmobile=0" >click to open PDF</a>