Category Archives: Updates

Volunteer Opportunity – AcSB User Advisory Council

accounting update

Interested in Becoming a Member of the User Advisory Council? The AcSB is looking for new members for its User Advisory Council.(as reported in The Standard) The Council, established by the Accounting Standards Board (AcSB), acts in an advisory role to assist the Board in understanding how users use financial information. Users include: investors and investment professionals; equity and credit

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Last Call – You Don’t Want To Miss Lois Kennedy!

Chartered Accountants courses

Time Management Solutions for Increased Productivity Workshop = Increased Productivity = Improved Service + Increased Profitability Law Society of Upper Canada CPD Credit: 3 hours Canadian CPA Credit: 4 hours Register Time Management Solutions for Increased Productivity Workshop This program provides strategies and tools to help you become more focused, organized and productive. Research shows individuals waste anywhere from 20 minutes to

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FYI Article – Annual Improvements: Revised Timing

AcSB Annual Plan – 2015-2016

The Accounting Standards Board (AcSB) heard you! Are you aware that the AcSB revised the timing of the annual improvements process for accounting standards for private enterprises? Here’s an overview of the new process; as reported by the Standard. Timing of the Annual Improvements Process In response to stakeholder feedback, in November 2015 the AcSB agreed to revise the timing

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Interim Management Consultants

Canada appointed

Interim Management Consultants can help employers shoulder a long hiring process augmenting your staff with an interim management consultant is a staffing management solution that can help ensure your business is covered while you search for skilled candidates to fill full-time, senior-level positions. The U.S. economy has added more than 2.3 million jobs since the beginning of 2015, according to figures from the U.S. Bureau of

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Withdrawal of Disclosure of Related Party Transactions by Non-Profits

accounting update

Related Party Transactions update: Exposure Draft has been issued – Withdrawal of Disclosure of Related Party Transactions by Not-for-Profit Organizations, Section PS 4260 PSAB (Public Sector Accounting Board) has issued an Exposure Draft that proposes to withdraw Section PS 4260 and add a transitional provision to Section PS 2200, Related Party Disclosures. Stakeholders are encouraged to submit their comments, on

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Workshop – The Bad Work Habits You Don’t Know You Have!

Chartered Accountants courses

The Bad Work Habits You Don’t Know You Have! Good afternoon , Do you often feel overwhelmed by the amount of work you have to do? Do you procrastinate? Are you sometimes distracted? Do you feel you’re being constantly interrupted? Are you stressed out and have negative feelings about your job?   If you can answer yes to a single

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Final Amendments – Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12)

Accounting, Audit and Assurance

The IASB amendments to IAS 12 Income Taxes regarding deferred tax assets: The IASB has issued narrow-scope amendments to IAS 12 Income Taxes to clarify how to account for deferred tax assets related to debt instruments measured at fair value. The amendments are effective for annual periods beginning on or after January 1, 2017 with earlier application permitted, as reported

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AcSB Decision Summary – January 12, 2016

Accounting, Audit and Assurance

This AcSB decision summary (Accounting Standards Board decision) 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 Applying

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