In Canada, public companies and financial institutions (generally)
will be adopting IFRS in 2011. Private companies will have the choice
between IFRS and or local Canadian standards specifically for them. It
has not been announce yet what will happen with “Not-for-profit”
organizations (generally charities), but it seems likely they will
also have a choice between IFRS and local Canadian standards designed
specifically for not-for-profit organizations (essentially the private
company accounting standards with some extras/exceptions).
Can I ask what happens in other countries that are using (or adopting)
IFRS? Do private companies have a choice to adopt IFRS, are there
local …

Hey to All,
Can you people help me out to find out the internal control system and rules and regulation of a sample construction company?
if anyone can send me information or tell me about the web site.
ill be greatfull.
Regards,

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Dear Friends
 
I am at learning process and would like to understand the following
 
1..Duties and resposibilities of Internal auditor
 
2..What is an internal control, and any website for getting material on internal control
 
Your guidence and inputs will improve my knowledge
 
thanks
AK
 

Dear Aslam,

 
I think You can refer to the AAS 6 on ‘Risk Assessment and Internal Control’ and AAS 7on ‘Relying Upon the work of an Internal Auditor’ pronounced by the ICAI,New Delhi www.icai.org

http://www.auditnet.org you have everything in there including subscription lists

http://www.internalaudit.biz/
 

 
http://www.iia.org.uk/
 
I think these sites will help you.
 
Selcuk

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Hi there, I was wondering if anyone could tell me what part of IFRS deals with internal controls.
 
Thanks!

Well, IFRS standards doesn’t deal with internal control they deal with accounting and financial reporting pronouncements.
What exactly are you looking for related to internal control? Are you trying to comply with international standards? Are you involved in a company that has to comply with SOX? or you’re just trying to develop an internal control environment in your company?
 
If you’re more specific there is a lot of information that you can get online
 
There is …