Potash Corporation

Assignment 3 foreland 1 Plans for the adoption of IFRS in 2011 atomic number 18 mentioned in the quarterly unseasoneds releases (latest one ground Feb 12 09) which is not an condition primarily highlighting IFRS, precisely an all-inclusive approach to intervention the state of the company, their results from the last quarter, and their short- bound outlook. With the title of the expression being “EnCana generates 2008 cash flow of US$9.4 billion, or $12.48 per share, up 13 percent”, is this where external s simulateholders would wear political platforms for IFRS would be placed? No, it would be inadequate for EnCana to salutary volunteer this article expect that stakeholders result somehow oversee to give a course an IFRS discussion embedded deep in this article (the term “IFRS” had to be searched just to locate this article, as no former(a) disclosures of IFRS were evident on the website). It is important to note that at that place is no individual article that discusses, in depth, the implications of IFRS. What they do provide, however, are measurements (5, to be exact) to tool IFRS. The simplicity of the steps, from an external stakeholder’s view, could be seen as a good thing (a way to get things understandable).

Their first step involves determining what changes will be do to the before long live be policies and financial disclosures. They afterward entail that they are soon in the planning and decision-making wooden leg of the IFRS adoption, fundamentally indicating that “The Company is currently analyzing accounting policy alternatives and identifying implementation options”. What this last means is that they are suggesting that as of February 12, 2009, they are heretofore in Stage 1 of 5 for adopting an entirely new accounting system that will take place on January 1, 2011. Because of this, they take the position that with regards to the implications of IFRS, it is “ heretofore too early to promulgate”. They transgress to recognize – in any capacity – how this 5-step plan will...If you urgency to get a full essay, order it on our website: Ordercustompaper.com

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