Author Archives: Paul Calleri

Final IFRIC Interpretation – Foreign Currency Transactions and Advance Consideration

IFRS® Discussion Group Meeting

The International Accounting Standards Board (the Board) has today issued several amendments to IFRS Standards and an Interpretation that clarifies the requirements in particular Standards. These changes are part of the Board’s process to maintain IFRS Standards. As reported by The Standard. The changes include: annual improvements to IFRS Standards—these are minor amendments that clarify, correct or remove redundant wording in

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AcSB Decision Summary – December 15, 2016

Virtual Roundtable Discussions

An executive summary of discussions and decisions with respect to the topics addressed at this meeting. As reported by The Standard. This summary of Accounting Standards Board (AcSB) decisions has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussion on projects, which may change after further deliberations by the AcSB. Decisions

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What are your biggest fears as a CPA of your company for 2017?

CPA of your company

Is the economy keeping you up at night? Are you concerned about the risks to your company? Are you worrying about Cybercrime? As a CPA of our company we have many responsibilities however we 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

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Professor Tom Scott to become member of the International Accounting Standards Board

The Trustees of the IFRS Foundation have appointed Canadian academic Tom Scott as a member of the International Accounting Standards Board (the Board). He will join the organisation in April for an initial five-year term. As reported by the IFRS Foundation. Mr Scott has been an academic in the field of accounting at various universities in Canada since the late

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Listen to the latest webinar on the forthcoming insurance contracts Standard

In November 2016, the International Accounting Standards Board discussed issues that arose during the external testing and drafting of the forthcoming insurance contracts Standard. This webinar provides an updated overview of the forthcoming Standard reflecting November’s decisions and covers the following: The need for change and the history of the project Level of aggregation Applying the Standard for the first

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DON’T FORGET! AcSB Exposure Draft – 2017 Annual Improvements to Accounting Standards for Private Enterprises

Virtual Roundtable Discussions

The AcSB has issued an Exposure Draft proposing amendments that will affect private enterprises and not-for-profit organizations. Stakeholders are encouraged to submit their comments by December 15, 2016. As reported by The Standard. OMMENTS TO THE AcSB MUST BE RECEIVED BY DECEMBER 15, 2016 Respondents are asked to email their comment letters (in a Word file) to: ed.accounting@cpacanada.ca  Please address

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Last chance: Sign up now and change your career around!: Top 10 Tips of Being The Best Senior Financial Executive

TOP 10 TIPS OF BEING THE BEST SENIOR FINANCIAL EXECUTIVE is presented by TheGAAP.net & TFN On Tuesday; November 29, 2016 Sponsored by: Jeff Gregory of Desjardins Financial Security Investments Inc. Our last dinner of 2016 is a new creation thanks to the input of a few of our most senior TFN members and should appeal to all members to

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Sign up now and change your career around!: Top 10 Tips of Being The Best Senior Financial Executive

TOP 10 TIPS OF BEING THE BEST SENIOR FINANCIAL EXECUTIVE is presented by TheGAAP.net & TFN On Tuesday; November 29, 2016 Sponsored by: Jeff Gregory of Desjardins Financial Security Investments Inc. Our last dinner of 2016 is a new creation thanks to the input of a few of our most senior TFN members and should appeal to all members to

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DON’T FORGET! Webinar – AcSB Update (Fall 2016)

Virtual Roundtable Discussions

Tune in to this webinar on November 7, 2016 (English) or November 14, 2016 (French) to get the latest updates from the AcSB on their current projects and a general update on developments in financial reporting. Are you a Canadian entity, an advisor to one, or a user of their financial statements? Then you need to be up-to-date with the

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Accounting Standards Oversight Council – Notice of Meeting – October 20-21, 2016

Meetings of the AcSOC are open to public observation, subject to the discretion of the Chair. Information about the upcoming AcSOC meeting and guidelines for observers are as follows. Dates: October 20, 2016 – 10:30 am to 4:45 pm October 21, 2016 – 9:30 am to 11:45 am Venue: Park Hyatt Toronto Hazelton Room 4 Avenue Road Toronto, ON M5R

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