No Parties After IFRS Adoption in Canada When measuring the costs of IFRS implementation, there are the not-at-all trivial costs of changing accounting methods. But there are also opportunity costs of spending time becoming IFRS compliant that you could have spent doing something other things. “The greater cost has really been the diversion of intellectual capital during this time period from doing more productive pursuits than the IFRS conversion,” opines a vice president at Canadian Tire. At CFO Journal Emily Chasen reports that IFRS adoption by our neighbors to the north has been anything but easy: If U.S. regulators want to get a…