Event Details
Title : Financial Literacy For Audit Committees - What Does This Really Mean In An IFRS World?
Date : December 7th, 2010
Time: 12:30 PM ET
The obligation to be "financially literate" is a core requirement for Audit Committee members of non-venture issuers. The basic obligation does not change for Canadian companies after they make the transition to IFRS, but the steps required to meet and maintain the financial literacy standard may change dramatically. The session discusses this requirement, sets out some of the challenges of IFRS, and provides practical suggestions for committee members in addressing these challenges and managing the related risks.
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