IFRS and other Accounting Standards

IFRS are mandatory for publicly accountable enterprises in Canada. They are also the mandatory accounting standards in many other countries. Former Canadian standards can remain applicable for many entities (eg. privately held entities). Other standards apply outside Canada such as US GAAP and UK GAAP. GBC developed over time significant expertise in all actuarial and financial aspects of the various standards applicable to pension and employee benefit plans. Denis Plouffe remains at the forefront on the developments of new pension and employee benefit standards in Canada and abroad through active participation on international committees.

GBC offers actuarial support during the preparation of financial statements at corporate and at plan levels.