Author Archives: Paul Calleri

New paths can lead to new experiences

Lewis Carroll wrote ‘If you don’t know where you’re going, any road will take you there.’   As the owner of an established business you’ve likely been on a path for a long time. Probably decades and have experienced many adventures. Some good, some not so good.    No matter how old you are and how much you’ve dealt with in

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Video – Linda Mezon launches the Draft Framework for Reporting Performance Measures

Virtual Roundtable Discussions

On June 14, 2018, the AcSB’s Draft Framework for Reporting Performance Measures was released; as reported by the Standard. Watch this video to hear Linda Mezon’s presentation that launched this initiative, which took place at the 2018 FEI Canada Annual Conference. Watch now! Visit TheGAAP.net daily to be kept up to date on accounting information, trends and changes.   For

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Webinar – Toward a New Standard on Compilation Engagements

Webinar – Toward a New Standard on Compilation Engagement As reported by The Standard. Tune in to this webinar on September 26 (English) and September 28 (French) to learn about the AASB Exposure Draft for CSRS 4200, Compilation Engagements, and how you can provide input to our proposals. Register today! Visit TheGAAP.net daily to be kept up to date on

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4 Ways to Uncover the Hidden Potential In Your Company

Successful Business Transition

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 on June 26, 2018

Weston Gold & Country Club

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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AASB Decision Summary – July 10, 2018

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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3 Key questions from – ‘A tale of three sons.’​ Extended Version

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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Approved! Exposure Draft of a Proposed New Standard on Compilation Engagements

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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Serving the public interest: More efficient standard-setting oversight – AcSOC 2017-2018 Annual Report

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?

Successful Business Transition

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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