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What will fill the gap when GAAP is no more?

November 19, 2025

Accounting rules as we know them, at least for large corporations are about to change.

For the past year or more, accountants have been inundated with workshops about how this change will impact them and how they will need to prepare ahead of time for the transition. If you know an accountant and they look a little bedraggled, this is why.

If this interests you, but not enough to attend one of those workshops, here is a great list of resource reading materials.

http://www.ifrsincanada.com/public.html

Time marches on and so does the quest for better ways to account. Me? I am thinking of switching to training dogs.

 

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