Category Archives: Updates

3 Key questions from – ‘A tale of three sons.’​ Extended Version

Some food for thought before handing your business over to a next generation family member. ​ I remember meeting the Owners of a small business. He had worked hard and the company had provided his family with a comfortable life. There were 3 sons. One worked occasionally in the business, wasn’t suited to take over and never really did much

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Approved! Exposure Draft of a Proposed New Standard on Compilation Engagements

The AASB unanimously approved an exposure draft of a proposed new standard on compilation engagements to replace Section 9200, Compilation Engagements. Set to be issued September 4, 2018, comments will be due November 30, 2018. As reported by The Standard. To support you in providing feedback, we are doing extensive outreach and will be issuing numerous plain language resources. Stay

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Review of the Economist Special Report on Artificial Intelligence

Accounting Firms, Hot Tips for Maximum Profits in 2015

Review of the Economist Special Report on Artificial Intelligence: Written by William Petryk This is a review for anyone in management to let them know why reading the April 6th edition of The Economist is a good idea.  This is the issue that includes a special report on “Artificial Intelligence in the Workplace”.  It should be read by anyone who

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Post 9 to 5 Lifestyling: Speaker and Sponsor is Jeffrey Gregory Of Desjardins Financial: One Week To Go!!

Retirement lifestyles

TheGAAP.net Presents: Post 9 – 5 Lifestyling Sponsored by: Jeffrey Gregory Of Desjardins Financial Security Investments Inc. Free Raffle Prize: Google Home mini Join us on July 31st. Everyone looks forward to the last day of work.  The Post 9 to 5.  A chance to enjoy life and strike things off of bucket lists.  However, few people have truly thought

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Serving the public interest: More efficient standard-setting oversight – AcSOC 2017-2018 Annual Report

Reviewing our approach to oversight, listening carefully to our stakeholders, and overseeing and supporting the work of the AcSB and PSAB – we served the public interest through more efficient standard-setting oversight. As reported by The Standard. Read more about our 2017-2018 activities in our Annual Report. Read now!

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Are you running out of runway?

Successful Business Transition

Are you running out of runway? Feeling tired and not prepared to do any more work on the business? Maybe you waited too long to sell and the end is still not in sight. The kids are now older and not interested in running the company. Employees are not prepared to buy or run the business. You may have had

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Statement of Principles – A Revised Reporting Model for the Canadian Public Sector

Statement of Principles – A Revised Reporting Model for the Canadian Public Sector. As reported by the Chartered Professional Accountants of Canada. Weigh in on proposals for a new reporting model! PSAB has issued a Statement of Principles proposing a revised reporting model for the Canadian public sector. Stakeholders are encouraged to submit their responses by November 28, 2018. Give us

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Know Succession-Business Transition – Sponsored by Jeffrey Gregory: Last Chance to Register!!

Succession

TheGAAP.net & TFN Present: Know Succession/Business Transition or Get Left Behind!! Sponsored by: Jeffrey Gregory Of Desjardins Financial Security Investments Inc. Free Raffle Prize: Google Home mini Join us on June 26th Who should attend? 1. You are a trusted advisor to an Owner/Manager business either internally or externally. 2. You work for or advise medium or large companies trying

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