INTRODUCTION a. Choose a company b. Briefly summarize business activities II. IFRS a. Note which accounting standards are relevant to this firm b. Explain recommendations c. Explain if same accounting treatment would occur if ASPE III. IFRS future a. Note, if any, new, potential or revised accounting standards b. Explain recommendations IV. FINANCIAL STATEMENT PRESENTATION a. Comment on statements presented and order of presentation b. Comment on the understandability and quality of the statements V. FINANCIAL STATEMENT DISCLOSURE ISSUES a. Identify major items disclosed b. Comment on overall disclosure VI. CONCLUSION OR INTERPRETATION a. Impact of accounting standards on this company b. Impact on stakeholders