Written from a Canadian perspective for Canadian IFRS practitioners.

The comprehensive commentary of iGAAP: IFRS for Canada is unique in that it is Canadian. It is authored from a Canadian perspective for Canadian practitioners and it draws on Deloitte's global IFRS experience. Commentary is provided on each significant Standard, organized topically into chapters, and contains explanatory information, analytical discussions, and illustrative examples of the application of IFRSs.

Contained in each chapter of commentary are three value-added features developed specifically for Canadian practitioners:

• First-time Canadian Readers Guide provides an overview of individual Standards from a Canadian perspective
• Summary of Major Differences between Canadian GAAP and IFRS highlights key areas of change for Canadian practitioners
• Implications for Canadian Preparers summarizes significant practical implications for Canadian practitioners upon transition

In addition, comments specific to Canada are separately highlighted throughout the content, as are interpretive commentary and examples.

The commentary is available in book (Item: B211) or online (Item: 156J) formats.

iGAAP: IFRS for Canada with Standards

About the Authors of iGAAP: IFRS for Canada

Dr. Peter Chant, FCA, is a partner in the National Assurance and Advisory group at Deloitte & Touche LLP. He is a former member and Chair of the Canadian Accounting Standards Board and was co-Chair of the CICA/FASB Task Force that developed the current Canadian and FASB standard on segmented information. He was also a member of the FASB's Task Force on Business Combinations that developed the FASB's current standard on that topic, and a member of the G4+1 Group of standard setters, which included the Chairs of the IASB, FASB and the Canadian Accounting Standards Board. He has published a textbook on advanced accounting in Canada, and was co-author of a research paper on accounting for joint ventures that was published by the G4+1. He is currently the Chair of Task Force on Non-GAAP Performance Measures of the Canadian Performance Reporting Board of the CICA. He has a Ph.D. in Accounting and Information Systems from Northwestern University.

Karen Higgins, FCA, is a partner in the Canadian National office of Deloitte & Touche LLP and was previously the leader of the Greater Toronto Area Complex Accounting and Transaction Expertise (CATE) Group. She is one of the leaders of the IFRS Services Group for the Canadian firm focusing on the development and delivery of IFRS training and IFRS implementation services to clients. She advises clients across all industry sectors with a focus on the financial services industry. Karen is the Canadian subject matter leader for the financial instruments, hedging and derivatives advisory practice. She is responsible for providing accounting and advisory services to clients for complex derivatives, structured transactions or hedging issues, as well as being responsible for the implementation of the financial instruments related accounting standards under Canadian GAAP, U. S. GAAP and IFRS. She is also a member of various committees including the Emerging Issues Committee.

Deloitte, one of Canada’s leading professional services firms, provides audit, tax, consulting, and financial advisory services through more than 7,700 people in 57 offices. Deloitte operates in Québec as Samson Bélair/Deloitte & Touche s.e.n.c.r.l. Deloitte & Touche LLP, an Ontario Limited Liability Partnership, is the Canadian member firm of Deloitte Touche Tohmatsu.

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu and its member firms. www.Deloitte.ca

Table of Contents

1. Preface
2. Researching Financial Reporting Issues in IFRS
3. Background to IFRS
4. Framework for Preparation and Presentation of Financial Statements
5. Presentation of Financial Statements
6. Accounting Policies, Changes in Estimates, and Errors
7. Inventories
8. Property, Plant and Equipment
9. Borrowing Costs
10. Investment Property
11. Intangible Assets
12. Non-Current Assets Held for Sale and Discontinued Operations
13. Investments in Associates
14. Investments in Joint Ventures
15. Impairment of Assets
16. Provisions, Contingent Liabilities and Contingent Assets
17. Leases
18. Income Taxes
19. Employee Benefits
20. Share-Based Payment
21. Earnings per Share
22. Revenues
23. Construction Contracts and Service Concession Arrangements
24. Financial Instruments: Scope
25. Financial Instruments: Financial Assets
26. Financial Instruments: Financial Liabilities and Equity
27. Financial Instruments: Derivatives
28. Financial Instruments: Embedded Derivatives
29. Financial Instruments: Measurement
30. Financial Instruments: Recognition and Derecognition
31. Financial Instruments: Hedge Accounting
32. Financial Instruments: Disclosure
33. Statement of Cash Flows
34. Interim Reporting
35. Operating Segments
36. Foreign Exchange
37. Government Assistance
38. Related Party Disclosures
39. Events After the Reporting Period
40. Business Combinations
41. Consolidated and Separate Financial Statements
42. First-Time Adoption of IFRSs
43. First-Time Adoption of IFRSs for Financial Instruments
44. Insurance Contracts
45. Canadian Oil and Gas Industry
46. Canadian Mining Industry
47. Public Utilities and Regulated Industries