There are many ways to increase the value of your business. One of the easiest is to uncover the hidden potential we all have right at our fingertips. I’m referring to using what you already possess to drive sales, improve productivity, increase operations efficiencies and the list goes on. Here are four ideas to reveal UNTAPPED POTENTIAL within your company.
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TheGAAP.net and TFN presented Business Transitions sponsored by Jeffrey Gregory. Compilation by Solvia Lo. The GAAP.net & TFN delivered another fun and educational event on June 26 at the beautiful Weston Golf and Country Club. Speaker Eric Gilboord kept us engaged telling us stories about Business Transition. It was very informative and entertaining at the same time. Check out his
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The Board discussed Auditor Reporting and Identifying and Assessing the Risks of Material Misstatement. As reported by The Standard. Also discussed was the approach to input on the AcSB’s Draft Framework for Performance Measures and survey on the IAASB’s future strategy. Read now! Visit TheGAAP.net daily to be kept up to date on accounting information, trends and changes. For
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Some food for thought before handing your business over to a next generation family member. I remember meeting the Owners of a small business. He had worked hard and the company had provided his family with a comfortable life. There were 3 sons. One worked occasionally in the business, wasn’t suited to take over and never really did much
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The AASB unanimously approved an exposure draft of a proposed new standard on compilation engagements to replace Section 9200, Compilation Engagements. Set to be issued September 4, 2018, comments will be due November 30, 2018. As reported by The Standard. To support you in providing feedback, we are doing extensive outreach and will be issuing numerous plain language resources. Stay
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Reviewing our approach to oversight, listening carefully to our stakeholders, and overseeing and supporting the work of the AcSB and PSAB – we served the public interest through more efficient standard-setting oversight. As reported by The Standard. Read more about our 2017-2018 activities in our Annual Report. Read now!
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Are you running out of runway? Feeling tired and not prepared to do any more work on the business? Maybe you waited too long to sell and the end is still not in sight. The kids are now older and not interested in running the company. Employees are not prepared to buy or run the business. You may have had
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My son and I got into a conversation about Trump the other day. And of course the inevitable what do we do here in Canada about our own leadership. As we talked I realized that our discussion was less about the specifics and more about our own generational concerns and how the implications would affect us personally. So with that
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Statement of Principles – A Revised Reporting Model for the Canadian Public Sector. As reported by the Chartered Professional Accountants of Canada. Weigh in on proposals for a new reporting model! PSAB has issued a Statement of Principles proposing a revised reporting model for the Canadian public sector. Stakeholders are encouraged to submit their responses by November 28, 2018. Give us
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Are you running out of runway? Feeling tired and not prepared to do any more work on the business? Maybe you waited too long to sell and the end is still not in sight. The kids are now older and not interested in running the company. Employees are not prepared to buy or run the business. You may have had
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