Media Advisory - Canada's CAs host conference on International Financial Reporting Standards (IFRS) - time to prepare is now

    TORONTO, May 28 /CNW/ - Even in these challenging economic times,
preparing for Canada's transition to IFRS should not be viewed as a
discretionary matter. The clock is ticking and preparations should be underway
if companies are going to achieve a seamless transition to the international
    The Canadian Institute of Chartered Accountants (CICA) is hosting its
annual IFRS conference Thursday, June 4, 2009, in Toronto. This year's theme
is "Critical Issues in Implementation". The special one-day gathering will
provide practical guidance on the most critical issues and decisions facing
companies that must adopt IFRS.
    A highlight of this year's event will be hearing from early IFRS adopters
on their experiences and the advice they offer companies going through the
transition process.
    Canada is about to join a growing worldwide migration to a common
financial reporting language. In an ever-widening global economy, it is
important that we keep in step.
    A firm changeover date of January 1, 2011, brings certainty for business
leaders in planning for IFRS and that adoption date is quickly approaching.
The time to prepare is now!

    Conference Details:

    Where:    Metro Toronto Convention Centre, North Building (Constitution
              Hall Room 106 - 255 Front Street West)
    When:     Thursday, June 4, 2009
    Time:     8:30am to 6pm

    Additional information on the conference can be found on the CICA's
website (

For further information:

For further information: Tobin Lambie, Manager, Media, with the CICA at
(416) 204-3228 or

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Canadian Institute of Chartered Accountants

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