Can anyone summarize the key differences between the Canadian GA-AP and the Mexican GA AP?

I teach business English conversation classes in northern Mexico. I am working with several Mexican accountants that work for a Canadian mining company. This question came up in our class today. I googled for an answer, but wasn't able to find something that I could use. If any of you CPA's could help us, we would be very grateful.

This is more of an accounting question than a tax question. International GAAP rules are covered in Advanced Accounting courses, but are only a small part of what is covered. The only comment in my text regarding Mexico is that differences between the GAAP in Canada, Chile, Mexico and the United States are extensive. Nothing specific is mentioned, though.The best thing for your accountant friends to do is try to find the financial statements of a corporation that doesn't trade on the US stock exchange (those corporations modify their presentation somewhat to reflect American rules), and, with their own knowledge of Mexican GAAP, compare the financial statements and notes to what their rules are.

They can also go to the CICA site and have a look at the rules.
http://www.cica.ca/