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Category Archives: Accounting

AcSB Exposure Draft – Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9)

April 27, 2017 Paul Calleri rel="nofollow"Leave a comment

The AcSB has issued an Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. As reported by The Standard. Stakeholders are encouraged to submit their comments by May 24, 2017. Respondents are asked to email their comment letters (in a Word file) to: ed.accounting@cpacanada.ca. Please address your comments to: Rebecca Villmann, CPA, CA, CPA (Illinois) Director, Accounting

Quit is not a four letter word

April 26, 2017 Paul Calleri rel="nofollow"Leave a comment

Are you are a C-Level Executive, Management or a team member with a valuable skill set who has contemplated quitting your present job?. Do not be alarmed you are not alone. Many employees like yourself often ask themselves the same question. Should I quit, find another job that is less stressful with more job satisfaction and flexibility. However, the research

Brainstorming your problems – Sponsored by Jeffrey Gregory of Desjardins Financial – Registration Ends Today!!

April 24, 2017 thegaapnet rel="nofollow"Leave a comment

TheGAAP.net & TFN Present: Brainstorm Your Problems How to energize employees and co-workers, and look brilliant doing it! Get the best ideas by systematically brainstorming any problem (including job searches) Sponsored by: Jeff Gregory of Desjardins Financial Security Investments Inc. Free Raffle Prize: Garmin Dash Cam 35 Your employees are your boots on the ground. They are often the single

AcSB Decision Summary – March 21-22, 2017

April 20, 2017 Paul Calleri rel="nofollow"Leave a comment

An executive summary of discussions and decisions with respect to the topics addressed at this meeting. As reported by The Standard. International Financial Reporting Standards Annual Improvements 2015-2017 The AcSB discussed and approved its response letter to the IASB’s Exposure Draft, “Annual Improvements to IFRS Standards 2015-2017 Cycle,” subject to drafting changes. IFRS Financial Statement Users The AcSB discussed the

Reminder: Webinar – AcSB Spring 2017 Update – ASPE

April 19, 2017 Paul Calleri rel="nofollow"Leave a comment

Tune in to this webinar on May 9, 2017 (English) or May 10, 2017 (French) to get the latest updates on the AcSB’s projects for Redeemable Preferred Shares, Financial Instruments, Agriculture and other developments in financial reporting. As reported by The Standard. Accounting Standards Board Decision Summary March 21-22, 2017 This summary of Accounting Standards Board (AcSB) decisions has been

Principal Residence Reporting:

April 18, 2017 Robert McGaghran rel="nofollow"Leave a comment

On October 3, the Government announced an administrative change to reporting requirements for the sale of a principal residence. The principal residence exemption is an income tax benefit that generally provides you an exemption from tax on the capital gain realized when you sell the property that is your principal residence. Generally, the exemption applies for each year the property is designated

AASB is Hiring – Principal, Auditing and Assurance Standards

April 12, 2017 Paul Calleri rel="nofollow"Leave a comment

The AASB is seeking a professional accountant to join it’s highly skilled, and energetic team committed to developing auditing and other assurance standards for Canadian practitioners. Do you possess competencies in critical thinking, project management, communication, and interpersonal skills? Contact Claire Chester, Manager, CPA Canada for details or apply today. As reported by the Standard on April the 12th., 2017.

Public Sector Accounting Board Decision Summary March 16-17, 2017

April 11, 2017 Paul Calleri rel="nofollow"Leave a comment

This summary of decisions of the Public Sector Accounting Board (PSAB) has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussions on projects, which might change after further deliberations by PSAB. Decisions to publish exposure draft and Handbook material are final only after a formal ballot process. As reported by The

AcSB Due Process Activities – 2016 Changes to Part I

April 7, 2017 Paul Calleri rel="nofollow"Leave a comment

This document summarizes the due process activities the AcSB undertook in support of the changes made to Part I of the Handbook during 2016. Foreword During 2016, the Accounting Standards Board (AcSB) approved and incorporated into Part I of the CPA Canada Handbook – Accounting, new or amended International Financial Reporting Standards (IFRSs) issued by the International Accounting Standards Board

Accounting standards board (AcSB): Spring 2017 update – Free webinar – 1 CPD

April 5, 2017 Paul Calleri rel="nofollow"Leave a comment

Do you represent or advise a Canadian private enterprise, or are you a user of private enterprises’ financial reports? Get to know the latest financial reporting developments that may change your financial statements. Tune in to this webinar on May 9, 2017 (English) or May 10, 2017 (French) to get the latest updates on the AcSB’s projects for Redeemable Preferred

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