Rocky J. Dwyer, PhD, FCPA, CPA, FCMA, CMA Independence is considered by many to be of paramount importance to the effectiveness of the audit function and increasingly, the public, media critics and regulatory agencies have questioned if auditors are sufficiently independent of their clients in fact and appearance. While the private and public sectors acknowledge the importance of auditor
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Whether you’ve started or your months away, now is the time to get started. Do you have a job description? If you don’t you could start by doing a search online for any relevant job descriptions. Try getting two or three and consolidate all the different duties. Then review to make sure that all the important duties are there. This
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Article by: Rocky J. Dwyer, PhD, FCPA, FCMA An Accountability Framework should be the product of deliberate and strategic –decision-making, based on an understanding of the organization, its objectives, operating environment and culture. In the past, accountability referred largely to the processes followed, the inputs used, and the outputs produced. This focus was consistent with the more traditional view of
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The International Accounting Standards Board has proposed narrow scope amendments to IAS 16 Property, Plant and Equipment to reduce the diversity in application of the Standard. As reported by The Standard. IAS 16 establishes principles for recognising and measuring items of property, plant and equipment as assets. The proposed amendments would prohibit deducting sales proceeds from the cost of an
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CPA Canada is seeking an individual to join the accounting standards team to develop accounting and financial reporting standards for public companies, private enterprises, not-for-profit organizations and pension plans in Canada. As reported by The Standard. You will be a member of a highly skilled, energetic and committed team of professionals to advise and carry out the plans of the
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If we haven’t had that workshops topic before, and we choose your idea; we will award you two tickets to attend and an exclusive meet and greet with the founder of TheGAAP.net (Paul J. Calleri) shortly following the workshop. TheGAAP.net has just presented: Time Management Solutions for Increased Productivity in February and is back by popular demand on April the
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Jointly presented by CPA Canada and the IFRS Foundation in Toronto, this conference is your opportunity to receive authoritative updates and implementation support on IFRS Standards. Presenters include the IASB® members Sue Lloyd (Vice-Chair), Gary Kabureck, Darrel Scott, Tom Scott, and Mary Tokar, as well as AcSB Chair Linda Mezon. As reported by The Standard. This year the International Financial
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Submit an Issue to the IFRS Discussion Group As reported by The Standard. Members of the public are encouraged to submit issues for possible consideration by the Accounting Standard Board (AcSB) IFRS Discussion Group. For an issue to be considered for a meeting, it must be submitted, in writing, six weeks prior to an upcoming meeting. If a submission is
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The International Accounting Standards Board (the Board) has today issued IFRIC 23 Uncertainty over Income Tax Treatments to specify how to reflect uncertainty in accounting for income taxes. As reported by The Standard. IFRIC Interpretations (Interpretations) form part of the authoritative IFRS requirements. They are developed by the IFRS Interpretations Committee to provide requirements on specific application issues and are
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Meetings of the AcSOC are open to public observation, subject to the discretion of the Chair. As reported by The Standard. Information about the upcoming AcSOC meeting and guidelines for observers are as follows. Dates: June 8, 2017 – 9:45 am to 5:00 pm June 9, 2017 – 11:15 am to 11:45 am Venue: Hyatt Regency Vancouver Balmoral Room 655
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