Author Archives: Paul Calleri

Benefits of Cloud Computing for Small Business Finance Functions

Posted by Tim Hird and John Reed. Similar to the desktop computing revolution of the 1980s and 1990s, cloud computing is transforming how business today gets done — and at organizations of all sizes. In the latest Benchmarking the Accounting & Finance Function report from Robert Half and Financial Executives Research Foundation (FERF), more than half of U.S. financial leaders said their

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AcSB Annual Plan – 2016-2017

accounting update

The Annual Plan sets out the AcSB’s objectives and planned activities for publicly accountable enterprises, private enterprises and not-for-profit organizations, along with other initiatives to be undertaken in 2016-2017. As reported by The Standard. Overview In the AcSB 2016-2021 Strategic Plan, we concluded, and Canadians strongly agree, that the overall strategies adopted for the various categories of reporting entity are meeting

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Join the Founder of TheGAAP.net: Paul J. Calleri – Who will host Lois Kennedy’s April 28th. Event

M&A Update

Workshop – Time Management Solutions for Increased Productivity Law Society of Upper Canada CPD Credit: 3 hours Canadian CPA Credit: 4 hours Complimentary: “19 TIPS TO MORE PRODUCTIVE MEETINGS” with registration REGISTER Time Management Solutions for Increased Productivity Workshop This program provides strategies and tools to help you become more focused, organized and productive. Research shows individuals waste anywhere from 20

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The International Accounting Standards Board has issued amendments to the Revenue Standard

IFRS update

The International Accounting Standards Board (the Board) has today issued amendments to the Revenue Standard, IFRS 15 Revenue from Contracts with Customers, clarifying some requirements and providing additional transitional relief for companies that are implementing the new Standard. As reported by “The Standard” The amendments to the Revenue Standard, which was issued in 2014, do not change the underlying principles

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Accounting Standards Board Decision Summary March 22-23, 2016

Canada appointed

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 to publish Handbook material are final only after a formal ballot process. As reported by “The Standard”. International Financial Reporting Standards

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Transfer pricing/ FAPI rules for Canadian Corporations

Does your company have foreign subsidiaries?  Do you want to get an update on Transfer Pricing and how to repatriate funds and the tax implications? Find out more from the experts at Gowlings and KPMG.   Come listen to Speakers Joseph Devitt, Partner, Global Transfer Pricing Services, KPMG Canada,  Dale Hill, Partner, Gowling WLG and  Jamal Hejazi, PhD, Chief Economist, Gowling WLG. Topics include Applications of

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Final Revisions – Engagements to Report on Summary Financial Statements

IFRS update

The IAASB has issued revised ISA 810, which leverages the additional transparency resulting from the new and revised auditor reporting standards. The revised ISA is effective for engagements to report on summary financial statements for periods ending on or after December 15, 2016. As reported by The Standard. ISA 810 (Revised), Engagements to Report on Summary Financial Statements ISA 810

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CPA’s Run a Successful Business Webinar Last Call. Join the Founder of TheGAAP.net Host: Paul J. Calleri

EVERYTHING YOU NEED TO KNOW TO RUN A SUCCESSFUL BUSINESS CPD credit: One hour ● Date: April 13th , 2016 ● Time: 12:30 – 1:30 Join us as this webinar is broadcast live on April 13th, 2016 Register for: Business Success Always Do you want to find out how to Effectively Run Your Business? Solid experience in the design implementation

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AcSB 2016-2021 Strategic Plan – Accounting Standards in Canada: At the Leading Edge of Financial Reporting

IFRS update

Read the new five-year Strategic Plan, which takes effect on April 1, 2016. The Plan continues the overall strategies already adopted for the different categories of private sector reporting entities, and improves how they are being implemented. The AcSB is an independent body with the authority to establish accounting standards for use by all Canadian entities outside the public sector.

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30 Character Traits of Mentally Strong People

CPA assists businesses to adapt to climate change

After a truly terrible day at the office, in a quiet moment of reflection, you might marvel at the fact you had the fortitude to get through the whole experience without screaming (or quitting). You think, “How did I do it?” A likely factor: You are a mentally strong person. Mental strength can be a road map for personal success

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