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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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 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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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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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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Review of the Economist Special Report on Artificial Intelligence: Written by William Petryk This is a review for anyone in management to let them know why reading the April 6th edition of The Economist is a good idea. This is the issue that includes a special report on “Artificial Intelligence in the Workplace”. It should be read by anyone who
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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? 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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My son and I got into a conversation about Trump the other day. And of course the inevitable what do we do here in Canada about our own leadership. As we talked I realized that our discussion was less about the specifics and more about our own generational concerns and how the implications would affect us personally. So with that
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Statement of Principles – A Revised Reporting Model for the Canadian Public Sector. As reported by the Chartered Professional Accountants of Canada. Weigh in on proposals for a new reporting model! PSAB has issued a Statement of Principles proposing a revised reporting model for the Canadian public sector. Stakeholders are encouraged to submit their responses by November 28, 2018. Give us
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