Monthly Archives: April 2012

March is Fraud Prevention Month, is your business fraud savvy?

Posted by & filed under Fraud Accounting, Uncategorized.

Top 5 Fraud Prevention Tips for Businesses Raise awareness. A significant number of frauds are detected either accidentally or as a result of tip-offs. This reinforces the importance of raising fraud awareness in the workplace. Organizations should emphasize that it is everyone’s responsibility to find and report fraud. Find the red flags. Fraud cannot be… Read more »

Technology for Performance Measurement

Posted by & filed under Canadian Economy, Corporate Restructuring.

Technology for Performance Measurement Performance Management and reporting is critical for every organization whether small or large, Private or Public. It’s also the source of many questions and assignments we work on in assisting our clients. There is little doubt that leveraging technology to help deliver an organization’s performance measurement framework can be very beneficial…. Read more »

Facebook IPO Filing Reveals Its Stunning Size: A Private Jet, $1 Billion In Profits

Posted by & filed under Auditing, Corporate Restructuring, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Uncategorized.

How BIG is Facebook? We knew Facebook was big : you don’t get to 800 million users without making a few bucks — but until today, we didn’t know just how big. Facebook filed papers for an initial public offering on Wednesday, pulling back the curtains on the inner workings of the world’s largest social networking… Read more »

The accounting profession welcomes the tabling of the bill creating the Ordre des CPA du Québec

Posted by & filed under Accounting Careers, Financial Accounting, International Accounting, Managerial Accounting.

Montreal, March 28, 2012 – Today, Jean-Marc Fournier, Minister of Justice and Minister responsible for the application of professional legislation, tabled Bill 61, Chartered Professional Accountants Act, that will constitute the Ordre des comptables professionnels agréés (CPA) du Québec. The CA Order, the CGA Order and the CMA Order welcomed the news. Another milestone in… Read more »

2012 Federal Budget Highlights

Posted by & filed under Canadian Economy, Taxation & Planning.

List of a few Budget Highlights Hiring credit for small business Last year’s budget introduced a temporary Hiring Credit for Small Business of up to $1,000 per employer. The 2012 budget proposes to extend this temporary credit for one year. In particular, a credit of up to $1,000 against a small employer’s increase in its… Read more »