International Financial Reporting Standards (IFRSs)

OSFI Guidance & Letters

• October 31, 2011 - Early Adoption of New or Amended International Financial Reporting Standards (IFRSs) Issued in May and June 2011
• February 3, 2011 - Letter to Industry on Amendments to IFRS 1
• July 30, 2010 - Revised Guidelines Pursuant to IFRS
• March 31, 2010 - Conversion to International Financial Reporting Standards (IFRSs) by Federally Regulated Entities (FREs)
  • Accompanying Letter
• October 21, 2009 - Draft Advisory - Conversion to International Financial Reporting Standards by Federally Regulated Entities
  • Accompanying Letter
• May 28, 2009 letter - Progress Reports Feedback on initial reports and expectations going forward 
• October 31, 2008 - Optional Accounting Policy Changes Arising From the Adoption of IFRS 4
  “Insurance Contracts”
  • Discussion Paper - CIA Standards for Insurer Public Financial Reporting

  IFRS Final Returns and Instructions

  • 2010 / 2011 Annual Updates to the Returns and Instructions
  • Q1 2011 Updates to BCAR Return and Instructions for IFRS for Deposit-taking Institutions

  Links to Other IFRS Sites

  • Accounting Standards Board
  • International Accounting Standards Board
  • Financial Accounting Standards Board