Monthly Archives: September 2011

Accounting Standards for Private Enterprises (ASPE) or (IFRS)

Posted by & filed under Accounting Principles, Advanced Accounting, Financial Accounting, IFRS, International Accounting.

Canadian Private Enterprises will soon need to make a choice Canadian publicly accountable enterprises will be required to use International Financial Reporting Standards (IFRS) for fiscal years beginning January 1, 2011.  What about Canadian private companies? Canadian Private companies will have an option to adopt one of the two following sets of standards: International Financial… Read more »

Benefits and Barriers to RESPs (Registered Education Savings Plan )

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

Tapping into opportunities for the students of tomorrow: Benefits of the RESP Under the program, both subscriber and government contributions can grow tax-free until the funds are withdrawn to attend an accredited post-secondary institution. Many employers  recognize a post-secondary education (PSE) as a pre-requisite when hiring. Specialized educational achievements are seen as indicators of a… Read more »

You are in demand !!!!

Posted by & filed under Accounting Careers, Canadian Economy.

  One in three employers around the world is having a hard time finding qualified talent —  including accounting and finance staff — according to a survey by US-based global staffing service ManpowerGroup. Of the employers polled, 90% say available job candidates do not have the necessary skills and experience, have insufficient qualifications or lack… Read more »

Unification of the profession : retention of rights, regulations and public accountancy

Posted by & filed under Accounting Careers, Corporate Restructuring.

Why are we considering the creation of a new designation? We are witnessing an irreversible international trend in which forces are converging around three major bodies: the American Certified Public Accountants (CPAs), the Global Accounting Alliance (GAA), made up of 11 of the leading accounting organizations in the world, and the Association of Chartered Certified Accountants… Read more »