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
Read more
There are more than 4,000 CPAs in Nova Scotia and over 190,000 across Canada. Accounting professions in Nova Scotia to use CPA. THE CHRONICLE HERALD Published July 2, 2015: “The accounting profession in Nova Scotia now has a new single professional designation.” Read here: http://thechronicleherald.ca/business/1296659-accounting-profession-in-n.s.-to-use-cpa Visit TheGAAP.net daily to be kept up to date on accounting information, trends and changes. Visit also
Read more
ThinkAdvisor posted that “Vanguard’s Davis, BlackRock’s Koesterich and more commented on Greece’s debt crisis and what it could mean for investors” “Joe Davis of Vanguard.” It’s what every investor is talking about: Greece. On Tuesday, four market experts around the U.S. each commented on Greece’s debt crisis and what it could mean for investors. Read further: http://www.thinkadvisor.com/2015/06/30/4-experts-advise-investors-on-greek-debt-crisis Visit TheGAAP.net daily to be
Read more
Roundtable Discussions – Stakeholders’ Views Sought on the AcSB 2016-2021 Draft Strategic Plan The Accounting Standards Board’s (AcSB’s) “roundtable discussions being held July through September 2015 to share your views on the Invitation to Comment on its 2016-2021 Draft Strategic Plan, “Accounting Standards in Canada: At the Leading Edge of Financial Reporting.” The strategies affect a wide range of stakeholders.” Register today! Visit
Read more
CPA Canada is presenting this free Webinar as follows: “Tune in to this webinar on July 7, 2015 (English) or July 8, 2015 (French) to hear highlights of the AcSB 2016-2021 Draft Strategic Plan and how you can provide input to its finalization.” “At the Leading Edge of Financial Reporting – The AcSB’s Next Strategic Plan” The AcSB has invited everyone
Read more
Standards for Public Sector Entities “Tune in to this webinar on June 22, 2015 (English) or June 29, 2015 (French) to learn about the third Consultation Paper issued by the Conceptual Framework Task Force.” as published by The Standard. CPA Canada goes on to say: A Conceptual Framework and Reporting Model for the Public Sector PSAB’s Conceptual
Read more
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
June 19: IFRS 3 – Accounting for Business Combinations 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
Read more
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
Read more
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