Author Archives: Paul Calleri

The International Accounting Standards Board has issued amendments to the Revenue Standard

IFRS update

The International Accounting Standards Board (the Board) has today issued amendments to the Revenue Standard, IFRS 15 Revenue from Contracts with Customers, clarifying some requirements and providing additional transitional relief for companies that are implementing the new Standard. As reported by “The Standard” The amendments to the Revenue Standard, which was issued in 2014, do not change the underlying principles

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Accounting Standards Board Decision Summary March 22-23, 2016

updates

This summary of Accounting Standards Board (AcSB) decisions has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussion on projects, which may change after further deliberations by the AcSB. Decisions to publish Handbook material are final only after a formal ballot process. As reported by “The Standard”. International Financial Reporting Standards

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Transfer pricing/ FAPI rules for Canadian Corporations

Does your company have foreign subsidiaries?  Do you want to get an update on Transfer Pricing and how to repatriate funds and the tax implications? Find out more from the experts at Gowlings and KPMG.   Come listen to Speakers Joseph Devitt, Partner, Global Transfer Pricing Services, KPMG Canada,  Dale Hill, Partner, Gowling WLG and  Jamal Hejazi, PhD, Chief Economist, Gowling WLG. Topics include Applications of

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Final Revisions – Engagements to Report on Summary Financial Statements

IFRS update

The IAASB has issued revised ISA 810, which leverages the additional transparency resulting from the new and revised auditor reporting standards. The revised ISA is effective for engagements to report on summary financial statements for periods ending on or after December 15, 2016. As reported by The Standard. ISA 810 (Revised), Engagements to Report on Summary Financial Statements ISA 810

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CPA’s Run a Successful Business Webinar Last Call. Join the Founder of TheGAAP.net Host: Paul J. Calleri

EVERYTHING YOU NEED TO KNOW TO RUN A SUCCESSFUL BUSINESS CPD credit: One hour ● Date: April 13th , 2016 ● Time: 12:30 – 1:30 Join us as this webinar is broadcast live on April 13th, 2016 Register for: Business Success Always Do you want to find out how to Effectively Run Your Business? Solid experience in the design implementation

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AcSB 2016-2021 Strategic Plan – Accounting Standards in Canada: At the Leading Edge of Financial Reporting

IFRS update

Read the new five-year Strategic Plan, which takes effect on April 1, 2016. The Plan continues the overall strategies already adopted for the different categories of private sector reporting entities, and improves how they are being implemented. The AcSB is an independent body with the authority to establish accounting standards for use by all Canadian entities outside the public sector.

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30 Character Traits of Mentally Strong People

CPA assists businesses to adapt to climate change

After a truly terrible day at the office, in a quiet moment of reflection, you might marvel at the fact you had the fortitude to get through the whole experience without screaming (or quitting). You think, “How did I do it?” A likely factor: You are a mentally strong person. Mental strength can be a road map for personal success

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If You Don’t Save The Business Then It Could Cost You Your Career – Structure your business for success

STRUCTURE YOUR BUSINESS FOR SUCCESS CPD credit: One hour Date: March 23rd , 2016 Time: 12:30 – 1:30 Join us as this webinar is broadcast live on March 23rd, 2016 Click the following to register:

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Have your say CPAs: AASB Invitation to Comment – Enhancing Audit Quality in the Public Interest – A Focus on Professional Skepticism, Quality Control and Group Audits

How does audit quality affect you?  The AASB has issued an Invitation to Comment on the IAASB’s consultation, which explores how to enhance audit quality. Stakeholders are encouraged to submit their comments by April 15, 2016. (As reported by The Standard) Respondents are asked to email their comment letters (in a Word This Invitation to Comment reflects preliminary suggestions made

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How to Describe Your Work Ethic on Your Consulting Resume

Motivated? Driven? Strategic? Responsible? Even if these adjectives describe you as a professional, you should avoid using them when describing your work ethic on your resume for consulting jobs. As: Posted by Robert Half Management Resources on Friday, February 19, 2016 – 07:00 | Follow me Here’s why: They’re buzzwords. (For more examples, see this list from LinkedIn). These are the

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