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Author Archives: Paul Calleri

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

December 5, 2016 Paul Calleri rel="nofollow"Leave a comment

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

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

November 28, 2016 Paul Calleri rel="nofollow"Leave a comment

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

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

November 25, 2016 Paul Calleri rel="nofollow"Leave a comment

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

October 27, 2016 Paul Calleri rel="nofollow"Leave a comment

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

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

October 18, 2016 Paul Calleri rel="nofollow"Leave a comment

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

Casual Labour: Valid expense or not?

October 17, 2016 Paul Calleri rel="nofollow"Leave a comment

Generally, casual labour is when you have someone working for a few hours on a sporadic or intermittent basis and is not on the Company’s payroll. Up until about 10 years ago, CRA accepted casual labour as a valid expense. Now however, they do not. The two options available are: Subcontractor, or Employee In either case, the employer must have

Is Casual Labour a Valid Expense?

October 14, 2016 Paul Calleri rel="nofollow"Leave a comment

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DON’T FORGET! IAASB Survey – Work Plan for 2017-2018

September 19, 2016 Paul Calleri rel="nofollow"Leave a comment

The IAASB has issued a survey on its work plan for 2017-2018. Its purpose is to assist the IAASB in evaluating its priorities for 2017-2018 and allocating its resources in the best way possible. Canadian stakeholders are encouraged to respond to the IAASB by September 30, 2016. As reported by The Standard. The IAASB’s Survey Consultation, The IAASB’s Work Plan

AASB 2015-2016 Annual Report – Looking to the Future

September 16, 2016 Paul Calleri rel="nofollow"Leave a comment

Looking to the Future Our Annual Report for the year ended March 31, 2016 provides the public with an account of our work done to serve the public interest by establishing high-quality standards and guidance that enable the public accounting profession to provide effective auditing, other assurance and related services. As reported by The Standard. This year’s report includes the

How do the self-employed get credit?

September 15, 2016 Paul Calleri rel="nofollow"Leave a comment

What do I do if you are self-employed and want to get credit? Start by being well documented. You will never convince a potential creditor that you can handle your finances if you can’t handle your business and personal financial documentation. Be prepared to show how your budget will accommodate the loan payments and how you will plan for those

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