Tag Archives: Canada


This is a short summary of the new IFRS 16 lease standard. This summary is extremely helpful for identifying the parameters while making the transition to IFRS 16 (new lease standard) from IAS 17 (old lease standard).

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Market Update, Thursday, 28th November 2013

By Musabbir Mazhar The Office of the Superintendent of Financial Institutions (OSFI) today released its own version of the guidelines laid out by the Basel Committee in January earlier this year regarding the Liquidity Coverage Ratio (LCR) requirement. OSFI will assess whether any bank, trust or a loan company in Canada maintains adequate liquidity using […]

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Market Update Tuesday, 19th November, 2013

By Musabbir Mazhar The S&P/TSX composite index closed down 15.29 points to 13,422.77. This was after the billionaire investor Carl Icahn commented on Monday afternoon questioning about the recent rally of the equities market to record highs as a result of low interest rates rather than good management. The Canadian Dollar receded 0.4 cents to […]

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