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Impact of IFRS on the Lottery and Gaming Industry
In November 2007, the Public Sector Accounting Board clarified that government business enterprises are considered publicly accountable and will be required to adopt International Financial Reporting Standards (IFRS). Although Canadian generally accepted accounting principles (Canadian GAAP) are similar to IFRS in certain respects, many differences exist. These differences can be significant and can have enterprise-wide implications.
These publications highlight some of the top accounting issues likely to arise when provincial lottery and gaming corporations adopt IFRS.
For more information and resources related to IFRS, please visit KPMG's IFRS Web site.
To download: Right-click the link and select "Save Target As..." (PC) or control-click and select "Download Link to Disk" (Mac). Adobe Reader is required to read PDF documents.
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