Wednesday, June 22, 2011 Filling In The ‘GAAP’
 TLS Fleet Management held yesterday Filling In The ‘GAAP’, a fleet best practices seminar.
A new accounting standard is being implemented, the International Financial Reporting Standards (IFRS). IFRS represents a complete change in the language of financial reporting.
During this event, specialists from KPMG and Scotiabank helped the audience understand the differences between Canadian Generally Accepted Accounting Principles (GAAP) and IFRS and understand the key implications for the fleet industry.
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