Category Archives: Business

Small Businesses Not Using Accountants Complete Skills

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A majority of small businesses that use outside accountants are engaging them only for specific services and support, according to the web-based survey of 472 small businesses. The business owners who use outside accountants rely on them most for accounting services (76%), bookkeeping services (49%) and tax support (46% personal; 43% business tax compliance; and 43% corporate tax). A minority

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Accounting News – Greek debt crisis: Markets resilient after ‘no’ vote

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BBC states: “Japan’s Nikkei index rebounded slightly on Tuesday, a day after stock markets had fallen in the wake of Greece’s decision to reject the terms of an international bailout.   The Nikkei closed up 1.3% at 20,376.59. Stock markets around the world had fallen on Monday in reaction to the “no” vote in Greece’s referendum, but the declines were not as

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Robert Half – Trends, Standards in Finance and Accounting

Cost of Internal Accounting Finance Function Staff

Report Finds Finance Function Costs Increasing as Talent Shortages Intensify Survey From Robert Half, FEI Examines Trends, Standards in Finance and Accounting. CNW Newswire: MENLO PARK, Calif., and MORRISTOWN, N.J., June 5, 2015 /CNW/ — Costs associated with the finance function are rising for many firms, according to a new survey of executives from finance and accounting departments at public and private

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Canada’s CFO of the Year for 2015

Canada’s CFO of the Year for 2015: Canadian Tire’s Dean McCann Dean McCann, Executive Vice-President and Chief Financial Officer (CFO) of Canadian Tire Corporation, Limited, has been selected for this year’s distinction. On behalf of all TheGAAP.net members we would like to congratulate Dean for achieving such an admirable award. “Dean’s achievements at Canadian Tire – which include leading the

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IFRS 3 – Accounting for Business Combinations

Speaker at Business Conference and Presentation. Audience at the conference hall.

With merger and acquisition activity at an all-time high, accountants have to know how to apply IFRS 3 – Business Combinations. They are expected to know the rules for integrating the acquired company’s assets, liabilities and equity, and how to assign fair values to them, advise management on the choice of options offered by this standard, include all of the

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Budget 2015 – Department of Finance – News Release

Economic action plan for the budget in 2015. Department of Finance.

The Minister of Finance:  Joe Oliver tabled Economic Action Plan 2015 In short: The deficit has been reduced from $55.6 billion at the height of the Great Recession to a projected surplus of $1.4 billion for 2015–16. Reduced the small business tax rate to 9 per cent by 2019 Provided manufacturers with a 10-year accelerated capital cost allowance to encourage

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2015 Hiring Trends – Financial Analysts & Senior Accountants In-Demand

2015 Hiring Trends - Financial Analysts & Senior Accountants

If you hail from the ranks of skilled financial analysts, senior accountants, staff accountants or payroll professionals, you are among those likely to be in strong demand next year. The just-released 2015 Salary Guide from Robert Half lists the following as the hottest jobs in 2015:   Analysts Accounting professionals who pair financial skills with business acumen are highly sought

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