Community: Developing High-quality Standards Together Our Annual Report for the year ended March 31, 2016 provides the public with an account of our work done in serving the public interest by establishing accounting standards for the public sector. This year’s report includes the following highlights: PSAB Chair Rod Monette’s message, which highlights the extensive work done to grow our stakeholder
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Toronto, ON. – Businesses value accountants who are strategic thinkers, but the results of a Robert Half Management Resources survey suggest company-sponsored training in this area is not always available. Nearly nine in 10 (88 per cent) Canadian CFOs said strategic thinking abilities are important for accounting and finance professionals – 31 per cent of those interviewed feel they are mandatory.
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Canada’s Public Sector Accounting Board (PSAB) is seeking a new Chair. As reported by The Standard. PSAB establishes the accounting standards and other guidance for Canada’s public sector, published in the CPA Canada Public Sector Accounting Handbook.As the Chair, you will lead the strategic direction of PSAB. A visible and experienced member of the public sector accounting community, you will
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The topics the Accounting Standards Board (AcSB) plans to discuss, in addition to routine updates, and anticipated actions, if any, are outlined below. Although current at the date prepared (June 2, 2016), this agenda is subject to change. As reported by The Standard. International Financial Reporting Standards International Activities Share results of recent discussions with other national standard setters, including
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TheGAAP.net & TFN Present: Recruiter Night Sponsored by: Wise Riddell Financial Group RECRUITER NIGHT IS COMING JUNE 20, 2016!! TICKETS WILL GO FAST SO RESERVE BEFORE YOU MISS OUT This is an evening for TheGAAP.net and TFN members to speak with and hear from a host of recruiters. The recruiters are from
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The AcSB has submitted a comment letter responding to the Office of the Superintendent of Financial Institutions’ Draft Guideline on IFRS 9 Financial Instruments and Disclosure. Responses to Other Documents for Comment The Accounting Standards Board (AcSB) may respond to a document issued for comment by other bodies when it relates to matters effecting financial reporting by Canadian entities. AcSB
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COMMENTS TO THE AcSB MUST BE RECEIVED BY AUGUST 2, 2016: As reported by The Standard. This Exposure Draft reflects proposals made by the Accounting Standards Board (AcSB). Individuals and organizations are invited to send written comments on the Exposure Draft proposals. Comments are requested from those who agree with the Exposure Draft as well as from those who do
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Posted by Robert Half Management Resources Mentoring has long been recognized as an effective workplace practice and positive experience — a way for veteran finance professionals to pass on industry and organizational knowledge to less-tenured colleagues. Now, more companies are turning the formula around with reverse mentoring, and finding it’s just as constructive to have expertise and insights flowing up
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Our March meeting saw many projects and initiatives move forward. As reported by The Standard. Use of Public Sector Financial Statements by Credit Rating Agencies We received a presentation from Standard & Poor’s Ratings Services about the credit ratings process and how they use the financial statements of public sector entities. Our Strategic Plan Our draft 2017-2020 strategic plan was
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This is an odd recommendation because I am suggesting that people watch a movie based on a book that I have yet to read. The book is “The Big Short” by Michael Lewis and relates the story of the subprime mortgage scandal which caused the financial crisis of 2008, from which we are still recovering. This serious subject is treated
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