BBC states: “Japan’s Nikkei index rebounded slightly on Tuesday, a day after stock markets had fallen in the wake of Greece’s decision to reject the terms of an international bailout. The Nikkei closed up 1.3% at 20,376.59. Stock markets around the world had fallen on Monday in reaction to the “no” vote in Greece’s referendum, but the declines were not as
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There are more than 4,000 CPAs in Nova Scotia and over 190,000 across Canada. Accounting professions in Nova Scotia to use CPA. THE CHRONICLE HERALD Published July 2, 2015: “The accounting profession in Nova Scotia now has a new single professional designation.” Read here: http://thechronicleherald.ca/business/1296659-accounting-profession-in-n.s.-to-use-cpa Visit TheGAAP.net daily to be kept up to date on accounting information, trends and changes. Visit also
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Fellow CPA Ontario members: 2015-2016 Annual Membership Dues Deadline This is a reminder that each year, CPA’s are required to pay Annual Membership Dues (AMD) and submit their Continuing Professional Development (CPD) declaration. This is also the time of the year to review and update your contact information. Bylaw 4.10 states: “all CPAs are required to provide CPA Ontario with current contact information.” The deadlines are
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CPA Canada is presenting this free Webinar as follows: “Tune in to this webinar on July 7, 2015 (English) or July 8, 2015 (French) to hear highlights of the AcSB 2016-2021 Draft Strategic Plan and how you can provide input to its finalization.” “At the Leading Edge of Financial Reporting – The AcSB’s Next Strategic Plan” The AcSB has invited everyone
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It is important to keep up-to-date with International Financial Reporting Standards (IFRSs): This is for Canadian public companies, their advisors and the users of their financial statements and private enterprises that use IFRSs in preparing financial statements. REMINDER! Webinar – Developments in IFRSs: 2015 Mid-year Update The Standard states: “Tune in to this webinar on June 19, 2015 (French) or June 26, 2015 (English) to get
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June 19: IFRS 3 – Accounting for Business Combinations With merger and acquisition activity at an all-time high, accountants have to know how to apply IFRS 3 – Business Combinations. They are expected to know the rules for integrating the acquired company’s assets, liabilities and equity, and how to assign fair values to them, advise management on the choice of options offered
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Report Finds Finance Function Costs Increasing as Talent Shortages Intensify Survey From Robert Half, FEI Examines Trends, Standards in Finance and Accounting. CNW Newswire: MENLO PARK, Calif., and MORRISTOWN, N.J., June 5, 2015 /CNW/ — Costs associated with the finance function are rising for many firms, according to a new survey of executives from finance and accounting departments at public and private
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Background: Issue of clarifying how entities classify debt, especially when it comes up for renewal was originally discussed in Annual Improvements to IFRSs (2010-2012 cycle) whereby amendments were proposed to clarify that a liability is classified as non-current if an entity expects, and has discretion, to refinance or roll-over the liability for at least 12 months (after reporting period end)
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The AcSB Annual Plan sets out the AcSB’s objectives and planned activities for: publicly accountable enterprise, private enterprises, and not-for-profit organizations along with other initiatives to be undertaken in 2015-2016. The key elements that will be considered in the Annual plan are summarized as follows: The maintenance of the separate strategies for “each major category of reporting entity.” The AcSB will continue to support the
Read moreCanada’s CFO of the Year for 2015: Canadian Tire’s Dean McCann Dean McCann, Executive Vice-President and Chief Financial Officer (CFO) of Canadian Tire Corporation, Limited, has been selected for this year’s distinction. On behalf of all TheGAAP.net members we would like to congratulate Dean for achieving such an admirable award. “Dean’s achievements at Canadian Tire – which include leading the
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