Corporate Responsibility

Posted by & filed under Canadian Economy.

PwC’s dedication To corporate responsibility is demonstrated through the actions the public accounting firm takes at work, in the marketplace and in our community. At PwC, corporate responsibility (CR) is about integrating social, environmental and economic integrity into our values, culture, decision-making and operations in an accountable and transparent manner. Put simply, PwC aspires to be… 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of the RESP Under the program, both subscriber and government contributions can grow tax-free until the funds are withdrawn to attend an accredited post-secondary institution.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 »

Internal Auditing a career to consider!

Posted by & filed under Accounting Careers, Auditing, Canadian Economy.

Profession: Internal Auditing is now a fully developed profession, Internal audit developed as an extension of the external audit role in testing the reliability of accounting records that contribute to published financial statements. These are exciting times for internal auditors, especially those who see themselves as agents of change within the organization. The drive to… Read more »

Assessing Operational Risk: A New Profession In The Making!

Posted by & filed under Accounting Careers, Canadian Economy, Fraud Accounting, Managerial Accounting.

Have you ever wondered what is the fundamental purpose of a Corporation: You are correct in assuming “To Make a Profit”. Henry Ford once said ” A Business that makes nothing but money is a poor kind of business”. Let us put ourselves into perspective and see what we are referring to. Looking back a… Read more »

The concept of Bankruptcy!

Posted by & filed under Accounting Careers, Canadian Economy, Corporate Restructuring, IFRS.

The concept of bankruptcy is difficult to grasp and understand. Often the causes are due to Greed , Economic Conditions or Mismanagement. In essence Bankruptcy is a capitalistic concept-it is the loss of capital, an inability to pay a person’s or company’s creditors. Accounting is a tool that provides information to management, to identify the potential… Read more »