Thursday, January 25, 2007

A new updated taxonomy for Canadian GAAP has been acknowledged by XBRL International and posted on its website. The new taxonomy updates the previous acknowledged taxonomy of 2004. It has been updated for all accounting pronouncements since 2004, including the Financial Instruments Standard. A separate taxonomy for preparation of Notes to the Financial Satements under Canadian GAAP is underway. The link for the Summary document from which the actual taxonomy can be obtained is as follows: http://www.xbrl.org/ca/fr/gaap/pfs/2007-01-19/ca-gaap-pfs-2007-01-19.pdf

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