The AcSB has submitted a comment letter responding to the Office of the Superintendent of Financial Institutions’ Draft Guideline on IFRS 9 Financial Instruments and Disclosure. Responses to Other Documents for Comment The Accounting Standards Board (AcSB) may respond to a document issued for comment by other bodies when it relates to matters effecting financial reporting by Canadian entities. AcSB
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COMMENTS TO THE AcSB MUST BE RECEIVED BY AUGUST 2, 2016: As reported by The Standard. This Exposure Draft reflects proposals made by the Accounting Standards Board (AcSB). Individuals and organizations are invited to send written comments on the Exposure Draft proposals. Comments are requested from those who agree with the Exposure Draft as well as from those who do
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Posted by Robert Half Management Resources Mentoring has long been recognized as an effective workplace practice and positive experience — a way for veteran finance professionals to pass on industry and organizational knowledge to less-tenured colleagues. Now, more companies are turning the formula around with reverse mentoring, and finding it’s just as constructive to have expertise and insights flowing up
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Our March meeting saw many projects and initiatives move forward. As reported by The Standard. Use of Public Sector Financial Statements by Credit Rating Agencies We received a presentation from Standard & Poor’s Ratings Services about the credit ratings process and how they use the financial statements of public sector entities. Our Strategic Plan Our draft 2017-2020 strategic plan was
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This is an odd recommendation because I am suggesting that people watch a movie based on a book that I have yet to read. The book is “The Big Short” by Michael Lewis and relates the story of the subprime mortgage scandal which caused the financial crisis of 2008, from which we are still recovering. This serious subject is treated
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Canada’s Public Sector Accounting Board (PSAB) is seeking a new Chair. PSAB establishes the accounting standards and other guidance for Canada’s public sector, published in the CPA Canada Public Sector Accounting Handbook. As the Chair, you will lead the strategic direction of PSAB. A visible and experienced member of the public sector accounting community, you will have the contacts and
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Each year, CPAs are required to remit Annual Membership Dues (AMD) and submit a Continuing Professional Development (CPD) declaration to remain in good standing with the Chartered Professional Accountants of Ontario (CPA Ontario) and the Chartered Professional Accountants of Canada (CPA Canada). Members received email notification to pay AMD and submit a CPD declaration the week of April 25. The
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Business in Canada has a treasure trove of communication tools unlike any period in the past. Yet, effective communication within the business continues to be a struggle. The most successful companies communicate well – unsuccessful ones don’t. Communication planning does not need to be a grand, resource-consuming initiative. The key is to step back and assess the situation…then make a
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Canada’s Financial Services industry is often touted for its stability. But the very qualities that have created steady profitability and made the industry the envy of the world — regulation, prudence, caution, tradition — can no longer protect it from a tsunami of change. Regulators are trying to level the playing field, with the introduction of CRM 2; independent firms are
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May 19, 2016 First-Time Managers Struggle Most With Balancing Own Job Duties While Overseeing Others Toronto, ON – New managers face a number of challenges, but which is the most daunting? According to Canadian CFOs interviewed for a Robert Half Management Resources survey, the most difficult part of becoming a manager is balancing individual responsibilities with time spent overseeing staff.
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