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Category Archives: Accounting

Accounting profession in N.S. to use CPA

July 7, 2015 thegaap.net rel="nofollow"Leave a comment

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

Fellow CPA Ontario members: 2015-2016 Annual Membership Dues Deadline

June 29, 2015 Paul Calleri rel="nofollow"Leave a comment

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

Webinar – The AcSB’s Next Strategic Plan: Have Your Say!

June 25, 2015 thegaap.net rel="nofollow"Leave a comment

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

Webinar – It is important to keep up-to-date with IFRS

June 16, 2015 thegaap.net rel="nofollow"Leave a comment

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

IFRS 3 – Accounting for Business Combinations

June 15, 2015 thegaap.net rel="nofollow"Leave a comment

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

Robert Half – Trends, Standards in Finance and Accounting

June 11, 2015 thegaap.net rel="nofollow"Leave a comment

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

PROPOSED AMENDMENTS TO IAS-1

May 27, 2015 thegaap.net rel="nofollow"Leave a comment

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)

AcSB Annual Plan – 2015-2016

May 15, 2015 thegaap.net rel="nofollow"Leave a comment

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

Canada’s CFO of the Year for 2015

May 13, 2015 thegaap.net rel="nofollow"Leave a comment

Canada’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

CPA Canada Helps Businesses Adapt to Climate Change

May 7, 2015 thegaap.net rel="nofollow"Leave a comment

The Chartered Professional Accountants of Canada and Natural Resources Canada have sponsored a new strategic initiative that will help companies adapt to the effects of climate change by indentifying the risks and opportunities. This multi-year initiative to help businesses and organizations better understand and adapt to the implications of climate change was announced by the Chartered Professional Accountants of Canada

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