Chapter 11: Corporations and Their Financial Statements

In this section

• Corporations and Their Structure
  A comprehensive guide to understanding how corporations are formed and operated in Canada, examining their benefits, governance, and regulatory requirements.
• Financial Statements of a Corporation
  Explore the purpose, structure, and interpretation of corporate financial statements under Canadian and international standards, focusing on the Balance Sheet, Income Statement, Statement of Changes in Equity, and Statement of Cash Flows.
• The Annual Report: Key Disclosures, MD&A, and Auditor’s Opinion in Canadian Corporations
  Explore the complete structure of the annual report, including MD&A, audited financial statements, and emerging ESG disclosures, all within the framework of Canadian securities regulations.
• Public Company Disclosures and Investor Rights
  Explore the continuous disclosure obligations of Canadian public companies, the role of SEDAR+, key regulatory documents, and the essential rights afforded to investors, including voting, dividends, and dissent.
• Forwards and Futures
  Discover how public corporations use forward and futures contracts for hedging and speculation, and learn about the corresponding accounting treatments, disclosures, and regulatory frameworks in Canada.
• Takeover Bids and Insider Trading
  Discover how takeover bids and insider trading regulations shape corporate control and protect shareholder interests in Canada.