Category Archives: Finance Updates

Activity based costing

Costs are usually allocated either for decision making, valuation, or cost reimbursement. There are three steps when it comes to the traditional approach of cost allocation, and that is to first accumulate costs within a production department or a non-production one, then allocate the costs from the latter to the production department. The final step comes in the form of

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The Economist Report on Financial Technology (Banks & Business)

Banks and Financial Technology

I want to recommend an article in The Economist May 9th – 15th 2015 issue.  This edition includes a 14 page special report on financial technology (fintech) and it is worth reading.  Our economy is based on credit and money transfers.   This will not change but the methods by which it will be done most definitely will.  Technology will change

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What CPA accounting topic would you like TheGAAP.net to present in one of our upcoming workshops?

M&A Update

If we haven’t had that CPA accounting topic before, and we choose your idea; we will award you two tickets to attend and an exclusive meet and greet with the founder of TheGAAP.net (Paul J. Calleri) shortly following the workshop. TheGAAP.net has just presented: Time Management Solutions for Increased Productivity in February and is back by popular demand on April

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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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30 Character Traits of Mentally Strong People

CPA assists businesses to adapt to climate change

After a truly terrible day at the office, in a quiet moment of reflection, you might marvel at the fact you had the fortitude to get through the whole experience without screaming (or quitting). You think, “How did I do it?” A likely factor: You are a mentally strong person. Mental strength can be a road map for personal success

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Top Attributes of a Successful Financial Consultant

Accounting, Audit and Assurance

What Makes a Successful Financial Consultant? With more regulations affecting businesses and new technology emerging, firms are hungry for specialized professionals to handle complex finance and accounting projects. However, many organizations may not need this expertise on a full-time basis. This is where financial consultants come in. Financial consulting can be a rewarding career path for senior-level accounting and financial

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Strategies for Financial Managers to Retain Retiring Baby Boomers’ Skills and Expertise

Strategies for Financial Managers to Retain Retiring Baby Boomers’ Skills and Expertise

Strategies for Financial Managers to Retain Retiring Baby Boomers’ Skills and Expertise Baby boomers may be nearing — and, in some cases, passing — the traditional retirement age, but chief financial officers don’t appear worried about their departures from the workplace, recent Robert Half research suggests. Perhaps surprisingly, given the size of this workplace population, nearly two-thirds of financial executives

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3 Features of Human Resources Systems Finance Executives Should Know

Accounting, Audit and Assurance

3 Features of Human Resources Systems Finance Executives Should Know   It seems as if for many years Finance Executives have been involved in Human Resources, but now it seems as though the majority are involved.   By Robert Half Management Resources on August 12, 2015 at 12:02 PM Many CFOs find that their responsibilities have been expanding lately. In

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The Biggest Fears for CFOs

survey

What are the biggest fears for Canadian CFOs? As a follow up to our article: What are your biggest fears as a CPA?, we examine the primary concerns for Canadian CFO’s in 2015. Based on the quarter’s findings in 2013, Canadian CFO’s were, in general, more optimistic than their American counterparts, which is a significant change from what was reported before. Deloitte’s Q1 CFO

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Accounting & Finance – Talking Brass Tacks and Bottom Lines

TORONTO, July 9, 2015 /TheGAAP.net/ – For individuals on the outside it can often feel like those in the financial world use a language all their own, with enough acronyms, formulas and jargon to make their head spin. So it’s no surprise that financial professionals have trouble trying to get across complex financial information to coworkers. In a Robert Half Finance

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