Tag Archives: financial

The Economist Report on Financial Technology (Banks & Business)

Banks and Financial Technology

I want to recommend an article in The Economist May 9th – 15th 2015 issue.  This edition includes a 14 page special report on financial technology (fintech) and it is worth reading.  Our economy is based on credit and money transfers.   This will not change but the methods by which it will be done most definitely will.  Technology will change

Read more

What are the 10 KPI’s that every CFO Dashboard must have?

What are the 10 KPI's that every CFO Dashboard must have in 2016?

Any Canadian business looking to stay competitive by making real-time data driven decisions needs to align itself with systems and tools that allow quick and effective decision-making. A business dashboard that has the right Key Performance Indicators (KPIs) can give you full access into the entire scope of a business at a glance. For the critical role of a Chief

Read more

Strategies for Financial Managers to Retain Retiring Baby Boomers’ Skills and Expertise

Strategies for Financial Managers to Retain Retiring Baby Boomers’ Skills and Expertise

Strategies for Financial Managers to Retain Retiring Baby Boomers’ Skills and Expertise Baby boomers may be nearing — and, in some cases, passing — the traditional retirement age, but chief financial officers don’t appear worried about their departures from the workplace, recent Robert Half research suggests. Perhaps surprisingly, given the size of this workplace population, nearly two-thirds of financial executives

Read more

IFRS: Management Reports or MD & As…or both?

management_reports

A short time ago someone asked me if the rumor was true. I asked “What rumor?” He replied, “The one about IFRS forcing public companies to file management reports when they file their financial statements with the Ontario Securities Commission. I thought they had to file Management Discussion and Analysis Reports (MD&A) with their statements. Is there a difference between

Read more

IFRS: So many choices…. How do you decide?

ifrs_simplified_featured1

The following is taken from Mike Morley’s latest book “IFRS Simplified” IFRS: So many choices…. How is the accountant supposed to decide? International Financial Reporting Standards employ four key principles as guidelines to making decisions regarding which accounting treatment to apply in a particular situation.   Should the asset be classified as available-for-sale or as available-for-use? Should the value assigned

Read more

Accounting & Finance – Talking Brass Tacks and Bottom Lines

Business people at work in their office

TORONTO, July 9, 2015 /TheGAAP.net/ – For individuals on the outside it can often feel like those in the financial world use a language all their own, with enough acronyms, formulas and jargon to make their head spin. So it’s no surprise that financial professionals have trouble trying to get across complex financial information to coworkers. In a Robert Half Finance

Read more

Webinar – It is important to keep up-to-date with IFRS

Webinar updates

It is important to keep up-to-date with International Financial Reporting Standards (IFRSs): This is for Canadian public companies, their advisors and the users of their financial statements and private enterprises that use IFRSs in preparing financial statements. REMINDER! Webinar – Developments in IFRSs: 2015 Mid-year Update The Standard states: “Tune in to this webinar on June 19, 2015 (French) or June 26, 2015 (English) to get

Read more

IFRS Accounting – Proposed changes to the Conceptual Framework

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

Live web presentation on proposed changes to the Conceptual Framework. The IASB will give this live web presentation On 17 June 2015. Hans Hoogervorst the IASB Chairman and the IASB staff will introduce the Exposure Draft. This draft was published on May the 28th, 2015 which answers questions from the public. The IASB goes on to say: “The Conceptual Framework underpins International Financial Reporting Standards (IFRS) and

Read more

IFRS 2 – Accounting for Share-Based Payments Simplified

Webinar updates

June 12: IFRS 2 – Accounting for Share-Based Payments Simplified Companies often grant shares or share options to employees, directors, senior executives, or other parties such as suppliers and providers of professional services. The popularity of share plans and share option plans has made it imperative that accounting professionals understand how to account for share-based payment transactions. Topics covered include:

Read more

IFRS Webinar – First-Time Adoption Made Easy

Webinar updates

June 5: IFRS 1 – First-Time Adoption Made Easy – Webinar Publicly Accountable Enterprises (PAE’s) are always expected to publish their first comparative financial statements (including quarterly statements) based on International Financial Reporting Standards (IFRS). They will need to implement the new standards well in advance of that date using IFRS Standard # 1.  IFRS Standard # 1 was specifically issued

Read more
1 2