Professional development is crucial for us to sustain our successful career. It’s important to sharpen our accounting and business skills and knowledge and continuously keep abreast of new developments in our field. Just like the companies we work for; if they are not learning and growing their competition is and for CPA’s there are “CPD Requirements” to ensure that we
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Why are we talking about New Year’s resolutions again? If it’s going well congratulations. If it’s not, renew your vow to complete it. If you don’t have one; set it now. Decide what your goal is, write it down then tell someone what you’re going to achieve this year. Then write down your plan to achieve this and implement your plan. Think
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Is the economy keeping you up at night? Are you concerned about the risks to your company? Are you worrying about Cybercrime? As accountants we have many responsibilities however always have to be on the lookout for any factors that can affect our financial or managerial reporting and the business we are involved in. Let your fellow members know what your concerns
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May 2020 be your best year ever. If you haven’t already; choose your New Year’s Resolution. Whether it be small or large; you will be that much better for choosing one and working towards it’s attainment. When you do hit your goal; drop me a line and let me know. I always like to hear success stories. Visit TheGAAP.net daily
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Happy Holidays and may 2020 be your best year ever. From all of us at TheGAAP.net, we would like to wish everyone a happy holiday and to enjoy this relaxing time with their loved ones! New Updates will continue soon after the holiday season! Regards, Paul J Calleri
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REQUIREMENTS as per CPA Ontario ROLLING TRIENNIAL REQUIREMENTS REGULATION 7-2 Rolling triennial period starting January 1, 2019 Report by June 1 starting in 2022* 120 hours 50% must be verifiable For the triennial period ending on December 31, 2021, and for each triennial period thereafter, the 120 hours shall include four verifiable hours of professional ethics. TIP Though you only
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Congratulations, your hard work and dedication has paid off, you’re now a manager. What’s first; I would say first thing is take a moment to congratulate yourself. You worked hard to get here; University or College then articling and or training or you’re still studying and already have been promoted, or you have not yet started any formal training; but worked
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What are your biggest fears as a CPA working for your company? Working as an accounting professional can be very stressful when there are so many factors at play. As a CPA it is your job to be aware of many things that can affect your company both managerially and financially. What are your biggest fears as a CPA? Does
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TheGAAP.net is the provider of up to date accounting information, trends and changes, serving accountants and business people interested in accounting for their businesses. Up To Date Accounting For years, TheGAAP.net has provided Accounting; articles, surveys, employment opportunities, resource recommendations and accounting services by some of the best known speakers, companies and authors. TheGAAP.net is best known for
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Costs are usually allocated either for decision making, valuation, or cost reimbursement. There are three steps when it comes to the traditional approach of cost allocation, and that is to first accumulate costs within a production department or a non-production one, then allocate the costs from the latter to the production department. The final step comes in the form of
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