Benefits of Cloud Computing for Small Business Finance Functions

Posted by Tim Hird and John Reed. Similar to the desktop computing revolution of the 1980s and 1990s, cloud computing is transforming how business today gets done — and at organizations of all sizes. In the latest Benchmarking the Accounting & Finance Function report from Robert Half and Financial Executives Research Foundation (FERF), more than half of U.S. financial leaders said their

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AcSB Annual Plan – 2016-2017

accounting update

The Annual Plan sets out the AcSB’s objectives and planned activities for publicly accountable enterprises, private enterprises and not-for-profit organizations, along with other initiatives to be undertaken in 2016-2017. As reported by The Standard. Overview In the AcSB 2016-2021 Strategic Plan, we concluded, and Canadians strongly agree, that the overall strategies adopted for the various categories of reporting entity are meeting

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Join the Founder of TheGAAP.net: Paul J. Calleri – Who will host Lois Kennedy’s April 28th. Event

M&A Update

Workshop – Time Management Solutions for Increased Productivity Law Society of Upper Canada CPD Credit: 3 hours Canadian CPA Credit: 4 hours Complimentary: “19 TIPS TO MORE PRODUCTIVE MEETINGS” with registration 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

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How to Deliver Constructive Criticism in the Workplace

As posted by Robert Half Management Resources Constructive criticism is much more than a routine staff management responsibility. Consistent, concise and honest feedback should also be a recurring feature of any long-term professional development plan. If you’re hoping to train your employees to take on more advanced roles in the organization and meet your succession planning objectives, constructive criticism is

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The International Accounting Standards Board has issued amendments to the Revenue Standard

IFRS update

The International Accounting Standards Board (the Board) has today issued amendments to the Revenue Standard, IFRS 15 Revenue from Contracts with Customers, clarifying some requirements and providing additional transitional relief for companies that are implementing the new Standard. As reported by “The Standard” The amendments to the Revenue Standard, which was issued in 2014, do not change the underlying principles

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Accounting Standards Board Decision Summary March 22-23, 2016

Canada appointed

This summary of Accounting Standards Board (AcSB) decisions 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

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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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What Business Are You In?

Big city bollboards

…It’s probably not what you think. You may say “I know what business I am in, I have this product and/or this service…”. But this thought may keep you on a plateau of your current growth state. To innovate and break from the holding pattern, ask the title question. Innovative Big Brands already discovered its power and are fully exploiting

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Final Revisions – Engagements to Report on Summary Financial Statements

IFRS update

The IAASB has issued revised ISA 810, which leverages the additional transparency resulting from the new and revised auditor reporting standards. The revised ISA is effective for engagements to report on summary financial statements for periods ending on or after December 15, 2016. As reported by The Standard. ISA 810 (Revised), Engagements to Report on Summary Financial Statements ISA 810

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Expense Report Madness: Dance Classes, Ski Trips and … a Welder?

Companies need to carefully monitor their costs, and make sure employees are reimbursed appropriately for legitimate job-related expenses. But when workers submit improper expense report requests, it’s enough to make a chief financial officer scream (or laugh out loud, and then scream). And it’s likely a lot of CFOs are feeling the need to scream these days: New research from

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