Category Archives: Accounting

Accountancy Insurance for tax audit

Accountancy Insurance

Accountancy insurance for tax audit has been established in 2003 to specifically serve Accounting firms. Audit Shield is a tailored tax audit insurance solution which covers your professional fees when responding to an audit, enquiry, investigation or review instigated by the Canada Revenue Agency (CRA). We work solely with accounting firms, because we understand what is happening in the industry,

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Business Expense Claims

Bookkeeping Support for Accountants

Sometimes clients have some wacky ideas as to what constitutes a business expense claim. Here are some ways to manage your clients when their claims take a turn for the “creative”. We all have that one client. The one who skirts the line between acceptable and “what???” The one that drives you crazy, but you just can’t bring yourself to

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In Brief — Statement of Concepts, “A Revised Conceptual Framework for the Canadian Public Sector”

In Brief — Statement of Concepts, “A Revised Conceptual Framework for the Canadian Public Sector” This In Brief provides a plain and simple overview of the key proposals in the Statement of Concepts, “A Revised Conceptual Framework for the Canadian Public Sector”. It also presents background information about PSAB’s Concepts Underlying Financial Performance project. Download now Visit TheGAAP.net daily to

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Are you pruning your business to make it healthier?

Successful Business Transition

Pruning influences the direction in which a plant or business grows. Each time you make a cut, you stop growth in one direction and encourage it in another. Promote your company health by looking closely at your people, customers, vendor relationships, service and product offerings. Examine your Operations, Finance, Sales, Marketing, and HR. If you’d like an outside view, of your business, through fresh eyes

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The GAAP.net Giveaway-Three course dinner for two at the beautiful Weston Golf & Country Club prepared by Executive Chef Floyd Wilson

Good morning: I wanted to let you know that I’m running a giveaway. Check out the details below. Win a Three course dinner. Thanks to TheGAAP.net ($180 Value) One click registers you for the contest for this beautiful prize When you enter the giveaway, you can share with your friends. For each friend who joins, you’ll get three bonus entries.

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REMINDER: Video – Reviewing our International Strategy

Watch this easy-to-understand video on PSAB’s project, Reviewing our International Strategy. It takes you through the key aspects of this project’s first Consultation Paper – out for comment until September 28, 2018! Watch now! Visit TheGAAP.net daily to be kept up to date on accounting information, trends and changes.   For years, TheGAAP.net has provided Accounting; articles, surveys, employment opportunities,

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Career Development – CPA Toronto Accounting Group – Last Week To Register!!

Join our meet up group today: http://meetu.ps/e/FNfsx/1NzPd/f From the Ground Up – Critical Path’s for Professional Development in Accounting Food and Drink can be purchased from our hosts, Marche Movenpick. https://www.marche-movenpick.ca/en/our-locations/brookfield-place-street-level Agenda: 6:30 – 6:55pm Sign In (Get Name Tag) 6:55 – 7:15pm Welcome Speech by Thomas Seal / Paul Calleri 7:15 – 8:15pm Career & Interview Skill Presentation 8:15pm+

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In Brief – A plain and simple overview of the AASB’s Exposure Draft on Identifying and Assessing the Risks of Material Misstatement

accounting update

The Board plans to issue an exposure draft proposing the adoption of ISA 315 (Revised), with appropriate Canadian amendments, if any; as reported by The Standard. This In Brief provides an overview of that exposure draft and ways you can provide input. Read now! Visit TheGAAP.net daily to be kept up to date on accounting information, trends and changes.  

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New paths can lead to new experiences

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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Video – Linda Mezon launches the Draft Framework for Reporting Performance Measures

Virtual Roundtable Discussions

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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