Women in the Army Who are subject to Military Sexual Trauma by Men

Choosing a GAAP for Canada

Order Description

Canada chose among (a) keeping Canadian GAAP and continuing the convergence process with IFRS and

US GAAP, (b) adopting IFRS, and (c) adopting US GAAP. After much deliberation, Canada chose to

adopt IFRS but allow the use of US GAAP. In your opinion, what was the major factor driving the

choice? Do you agree with the choice? Do you expect that Canada’s use of IFRS will be maintained

over the next 20 years?