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The Chartered Accountants of Canada are offering a new e-learning course aimed at helping members of the profession and the broader business community make a seamless transition to International Financial Reporting Standards (IFRS).
The countdown is underway as Canada moves closer to adopting IFRS in 2011. Chartered Accountants across the country will play key roles in guiding companies through the changeover process.
“The e-learning course is a primer, providing CAs and others with a basic introduction to IFRS and the implications to Canadian business,” said Frank Colantonio, Director, Continuing Education, with the Canadian Institute of Chartered Accountants (CICA). “For those who need to develop further expertise, it provides a foundation that will allow them to self-assess and seek additional knowledge and skills required to meet the demands of their jobs.”
The e-learning course is easy and convenient to use. It is available free of charge in English and French for those in Canada and Bermuda, and is divided into four modules that allow individuals to learn in their own time and at their own pace. The course takes roughly three hours to complete.
“The time to learn about IFRS is now,” stressed Tim Forristal, Vice-President, Education, with the CICA. “Canada is about to move onto the same financial reporting playing field as more than 100 other countries. Be prepared for what lies ahead.”
The e-learning course is available through a dedicated IFRS website launched by the CICA (www.cica.ca/IFRS). In addition to the course, the special site offers extensive resources to steer companies and individuals through the transition process. This includes information about a wide range of courses available across Canada as well as an extensive array of reference materials, downloadable publications, ideas on how to get started and implementation tools such as sample financial statements.
“The clock is ticking and challenges lie ahead but help and support will be at hand throughout the entire IFRS transition process,” said Forristal. “The CA profession is working to bring IFRS education to its membership and others in the business community. We are a trusted and valued information source on IFRS.”
November 19,
2008
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