Saturday, June 04, 2005

Getting It Right: New Financial Reporting Requirements for Canada

CA Institute, Ontario Chamber of Commerce release business leaders' submission to CSA

The Canadian Securities Administrators (CSA) are
on the right track with their proposed changes to financial reporting
requirements, but there must be fine-tuning of the regulations and a better
explanation of how companies and auditors are to comply with them. That is the
key message coming out of a June 2 submission to the CSA from participants at
a recent roundtable discussion on the new reporting requirements that were
facilitated by the Institute of Chartered Accountants of Ontario and the
Ontario Chamber of Commerce (OCC).

See full Article.