Description: On a cold winter’s morning if you are getting set to walk to your early class, you may be one of the many Canadians enjoying the comfort of a warm Canada Goose garment. Of course, at $900 a pop, it often takes the intervention of a generous parent to bring one of these coats into a students’ life. Now, Canada Goose is valued at around $2 billion and is looking at trading up to 15% of the company in an initial public offering (IPO).
Date: January 13, 2017;
1) What are some of the requirements a company has to deal with in an IPO?
2) How do you get to your classes in the morning? Do you have to walk outside in the cold? Do you or any of your friends wear Canada Goose clothing?
3) Wiley’s Financial Accounting: Tools for Business Decision Making refers to two major frameworks for accounting: IFRS and ASPE. If Canada Goose goes public, which framework will it be required to use?