Category Archives: Accounting

REMINDER! AASB Re-exposure Draft – Use of the Practitioner’s Communication or Name

The AASB has issued a Re-exposure Draft of a proposed new standard that would replace existing Section 5020, Association. Stakeholders are encouraged to submit their comments by May 13, 2016. As reported by The Standard. This Re-exposure Draft reflects proposals made by the Auditing and Assurance Standards Board (AASB). Individuals and organizations are invited to send written comments on the

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5 Ways CFO and CIO Collaboration Can Benefit the Business

As reported by Robert Half Management Resources With technology increasingly integral to the operation of the finance function — and the business, in general — chief financial officers and chief information officers find they’re seeing a lot more of each other lately. A survey by Robert Half Management Resources and Robert Half Technology found that more than half (51 percent) of

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Job Opportunity – Principal, Public Sector Accounting

cultivating investor relations

CPA Canada is seeking an individual to join the public sector accounting team to develop accounting and financial reporting standards for the public sector in Canada. The Opportunity The Public Sector Accounting Board (PSAB) was created to serve the public interest by establishing accounting standards and providing guidance and other performance information reported by entities in the public sector. Reporting

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Business Law and Legal Issues Facing Finance Professionals

Chartered Accountants courses

Business Law and Legal Issues Facing Finance Professionals – Workshop CONFERENCE DETAILS Business Law and Legal Issues Facing Finance Professionals is a conference series created to provide CFOs and Finance executives a primer on some of the more common legal issues they will deal with so as to help them process and understand legal agreements dealing with these issues in an efficient manner, freeing

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AcSB Annual Plan – 2016-2017

accounting update

The Annual Plan sets out the AcSB’s objectives and planned activities for publicly accountable enterprises, private enterprises and not-for-profit organizations, along with other initiatives to be undertaken in 2016-2017. As reported by The Standard. Overview In the AcSB 2016-2021 Strategic Plan, we concluded, and Canadians strongly agree, that the overall strategies adopted for the various categories of reporting entity are meeting

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The International Accounting Standards Board has issued amendments to the Revenue Standard

IFRS update

The International Accounting Standards Board (the Board) has today issued amendments to the Revenue Standard, IFRS 15 Revenue from Contracts with Customers, clarifying some requirements and providing additional transitional relief for companies that are implementing the new Standard. As reported by “The Standard” The amendments to the Revenue Standard, which was issued in 2014, do not change the underlying principles

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Accounting Standards Board Decision Summary March 22-23, 2016

Canada appointed

This summary of Accounting Standards Board (AcSB) decisions has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussion on projects, which may change after further deliberations by the AcSB. Decisions to publish Handbook material are final only after a formal ballot process. As reported by “The Standard”. International Financial Reporting Standards

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Transfer pricing/ FAPI rules for Canadian Corporations

Does your company have foreign subsidiaries?  Do you want to get an update on Transfer Pricing and how to repatriate funds and the tax implications? Find out more from the experts at Gowlings and KPMG.   Come listen to Speakers Joseph Devitt, Partner, Global Transfer Pricing Services, KPMG Canada,  Dale Hill, Partner, Gowling WLG and  Jamal Hejazi, PhD, Chief Economist, Gowling WLG. Topics include Applications of

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Final Revisions – Engagements to Report on Summary Financial Statements

IFRS update

The IAASB has issued revised ISA 810, which leverages the additional transparency resulting from the new and revised auditor reporting standards. The revised ISA is effective for engagements to report on summary financial statements for periods ending on or after December 15, 2016. As reported by The Standard. ISA 810 (Revised), Engagements to Report on Summary Financial Statements ISA 810

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Expense Report Madness: Dance Classes, Ski Trips and … a Welder?

Companies need to carefully monitor their costs, and make sure employees are reimbursed appropriately for legitimate job-related expenses. But when workers submit improper expense report requests, it’s enough to make a chief financial officer scream (or laugh out loud, and then scream). And it’s likely a lot of CFOs are feeling the need to scream these days: New research from

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