Category Archives: Audit Committees

Audit committees: more thoughts on the IFRS challenge

Posted on March 11, 2010 by admin

by John Hughes My recent post on possibilities for income statement presentation causes me to think again about the challenge for audit committees in attaining a financial literacy standard under IFRS. It’s not just the task of absorbing all the … Continue reading →

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IFRS: the New Year State of our Union

Posted on January 2, 2010 by admin

by John Hughes So now that we’ve passed the transition date for calendar-year companies, where are we collectively on the transition to IFRS? I can only comment from my own limited experience and what I’ve heard anecdotally, but to a … Continue reading →

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IFRS challenges for audit committees

Posted on October 31, 2009 by admin

by John Hughes I’ve seen quite a few IFRS conversion disclosures in MD&A virtually or literally identical to this: The majority of the Company’s audit committee is sophisticated business people with knowledge on accounting or has taken professional courses relevant … Continue reading →

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