Gérald Cossette: Director of FINTRAC provided a statement and testimony at the House of Commons Standing Committee on Finance today. The remarks are as follows: http://www.fintrac-canafe.gc.ca/new-neuf/ps-pa/2015-03-24-eng.asp Mr. Cossette will be speaking on the broader study on terrorism financing. Do you have any input or insights that could help?
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‘Helping Investors Better Understand Cash Flow’ is the most current Investor Perspective. Investors Nick Anderson, Gunnar Miller and Tanya Branwhite discuss the merits of the proposed amendments in the following article: http://www.ifrs.org/Investor-resources/2015-Investor-Perspectives/Pages/Helping-Investors-Better-Understand-Cash-Flow-March-2015.aspx Are you an investor? If so do you have any thoughts you would like to share with our members on ‘Helping Investors Better Understand Cash Flow’? See also
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In an article by Robert Half Management Resources: Jim Deloach who is the managing director for Protiviti goes on to say “what companies don’t know about the process can drive an offering off the rails in a hurry”. Read the full article: http://blog.roberthalfmr.com/things-know-before-ipo?utm_campaign=RHMR+Blog&utm_source=hs_email&utm_medium=email&utm_content=16606361&_hsenc=p2ANqtz–kOn9f_XzXYpe_Ehs0FT4doFplhazwcKac9nA8wAvCsPmrzFNEFtQ3p57cU_RkRhFZ23ydS1qCRO7QAQUzzC_WaIZB2g&_hsmi=16606361 Have you undertaken an IPO? If so do you have any other advice for our
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The February IFRS Advisory Council meeting report has been posted: http://www.ifrs.org/Alerts/Meeting/Pages/IFRS-Advisory-Council-February-meeting-report-posted-2015.aspx Previous meeting reports have been posted there as well. Have you read these reports before. If so; do you have any comments for our readers?
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Is your company affected by FATCA? The U.S. government has enacted the Foreign Account Tax Compliance Act (FATCA) to combat offshore tax evasion by U.S. people. In 2014 Canada and the U.S. have entered into an intergovernmental agreement (IGA) that in effect requires Canadian financial institutions (FIs) to comply with FATCA. If your company is affected by FATCA; what are
Read moreThe IFRS foundation has released: Issue 5 of the IASB Investor Update and Q&A with Dick Sluimers, CEO of APG Group and a Trustee of the IFRS Foundation. Follow to see The Investor Update: http://www.ifrs.org/Updates/Investor-Updates/Pages/Home.aspx Follow to see an interview with DickSluimers(an IFRS Foundation Trustee) on the merits of joining the Investors in Financial Reporting programme and contributing to
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The IASB’s summary of the model for insurance contracts without participation features is now available. http://www.ifrs.org/Current-Projects/IASB-Projects/Insurance-Contracts/Documents/2015/Insurance-Contracts-without-Participation-Features-March-2015.pdf In addition, the following has been updated on the Insurance Contracts project website: Insurance Contracts: Project Overview (Summary of the progress to date) http://www.ifrs.org/Current-Projects/IASB-Projects/Insurance-Contracts/Documents/2015/High%20level%20project%20update.pdf Due Process Overview (Key Due Process steps undertaken to date) http://www.ifrs.org/Current-Projects/IASB-Projects/Insurance-Contracts/Documents/2015/20150312%20-%20Due%20Process%20overview.pdf Due Process Steps (As per the IASB: “[This] shows how the IASB
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Hans Hoogervorst, Chairman of the International Accounting Standards Board (IASB) said in a speech in Edinburgh, Scotland; everybody is best served by accounting that reflects the economic reality, even if it makes for uncomfortable reading. He also said ‘Bad accounting breeds bad policies‘. Follow for the press release and speech. http://www.ifrs.org/Alerts/Conference/Pages/Speech-by-Bad-accounting-breeds-bad-policies-March-2015.aspx What do you think of
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On behalf of the Fraud Prevention Forum; the Competition Bureau has brought you the following: FRAUD: RECOGNIZE IT. REPORT IT. STOP IT. The Competition Bureau goes on to say: Fraud by telephone, Internet and mail is a serious international problem. It steals your money, your identity and even your self-respect. You can protect yourself by learning to recognize the signs.
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The IASB discussed the following elements of the Research Projects in their February meeting: · Disclosure Initiative · Business Combinations All of the agenda papers presented by the staff are available as follows: http://www.ifrs.org/Meetings/Pages/IASB-Meeting-February-2015.aspx The next meeting is to be held on March the 17th to 19th 2015. Follow to see the agenda papers: http://www.ifrs.org/Meetings/Pages/IASB-Meeting-March-2015.aspx Do you have any relevant
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