Accounting Standards for Private Enterprises

The adoption of accounting standards for private entreprises represents one of the biggest change in financial accounting history. Are you ready to convert? We are. And we can help you prepare!

For private enterprises, accounting standards for private enterprises or International Financial Reporting Standards (IFRS) will replace current Canadian generally accepted accounting principles (GAAP) in the preparation of annual financial statements for fiscal years beginning on or after January 1, 2011. Earlier adoption is also permitted.

Faced with this obligation, it is imperative to be prepared and advised by experts who clearly understand all of the issues. In this respect, the recognized expertise of Raymond Chabot Grant Thornton's professionals will ensure that you receive personalized support for a smooth transition to these new standards.

The road towards conversion

Thanks to our methodology and tools, we are capable of proposing value-added solutions that will let you choose the most appropriate basis of accounting for your enterprise (accounting standards for private enterprises or IFRS) and carry out the conversion while minimizing the impact on your organization and meeting adoption deadlines.

New accounting standards adoption deadline in Canada

Recognized for the quality of its services and maintenance of high professional standards, Raymond Chabot Grant Thornton can count on its own accounting research team to support you. The knowledge acquired to date through our training and assignments, in addition to the diversified experience of our professionals are a measure of our ability to effectively address all of your expectations in carrying out the new standards conversion process.

The knowledge acquired to date through our training and assignments, the sharing of expertise between our various offices in addition to the diversified experience of our professionals are a measure of our ability to effectively address to all of your expectations in carrying out the IFRS conversion process.

To retain the services of our experts in order to carry out your conversion process, contact us today!

Our publications on accounting standards for private enterprises

• Accounting Standards for Private Enterprises

Our IFRS publications

• IFRS

Accounting Standards for Private Enterprises and IFRS Trainings to Come

To help entities prepare their transition to IFRS or new accounting standards for private enterprises, Raymond Chabot Grant Thornton is collaborating with the world renowned training company IASeminars to provide French training sessions in Montréal. To find out more...