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The implementation of IFRS has significant consequences for Canadian organizations. Search online for information relating to Canadian IFRS and PPE revaluation. Comment on at least

The implementation of IFRS has significant consequences for Canadian organizations. Search online for information relating to Canadian IFRS and PPE revaluation. Comment on at least one specific difference between IFRS requirements and the current Canadian GAAP. Include the Internet link you found in your answer. Publications by major accounting firms (e.g.; Deloitte, PriceWaterhouse Coopers) and accounting association (e.g.;CPA) are good sources of information. Answer must be at least 2 paragraphs long.

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