Recently added articles from CA Magazine:
Fighting the downturn
Mar 01, 2009; ... While there's no doubt we're in for tough times, there are ways to soften the blows Hard times are here, and even the new US president, with all the considerable reserve of goodwill at his disposal, won't change that, at least for a while. The stock markets made a point of reminding us ...
Mailbox
Mar 01, 2009; ... KUDOS TO CÔTÉ I have been reading Marcel Côté's column (Outlook) for years and think it is outstanding. It is well researched, well expressed and very objective. He adds a lot to CAmagazine. Thomas Burpee Montreal FAIR COMPARISON? In "Working out the math" ...
Rugby champion
Mar 01, 2009; ... Drew Kendel is a true weekend warrior. While his colleagues are recovering from a weekend of burgers and beers, Kendel, a research officer at Saskatchewan Government Insurance in Regina, is nursing his aches and bruises as a member of the Saskatchewan Prairie Fire Rugby Football Club, one of 11 ...
Your pain is your employer's gain
Mar 01, 2009; ... The financial crisis may have put a damper on your retirement plans, but it's a boon for hiring managers who see the downturn as a prime opportunity to convince older workers to stay on the job, finds a Hewitt Associates survey. To prevent baby boomers from leaving the workforce en ...
CREDIT CRUNCH
Mar 01, 2009; ... Customers will have to jump through a few more hoops than usual to get credit during the economic downturn, according to the fourth-quarter 2008 CICA/RBC Business Monitor survey. The survey of CAs in senior executive positions conducted in November found that of the 38% of companies that ...
ASK AN EXPERT
Mar 01, 2009; ... Q+A HOW CAN I BOOST STAFF MORALE IN SPITE OF THE ECONOMIC DOWNTURN? Communication with employees is always integral to an organization's success, but it's especially critical during periods of uncertainty. By keeping staff informed, managers can address anxiety and ensure workers ...
NUMBERS Game
Mar 01, 2009; ... Failing numbers In 1998 Arthur Levitt, then chair of the US Securities and Exchange Commission, proclaimed, "We are in the midst of a financial literacy crisis, and many will pay a high price." A decade later, nothing has changed 2.8 Level of stress - on a scale of one to five with five ...
Going Concern
Mar 01, 2009; ... COMPANY PROFILE: In 17 years, Gateway Casinos & Entertainment has grown from two casinos and 150 employees to nine facilities employing 3,400 people. The company has spent the past three years transforming its current casinos into multiamenity entertainment centres. With revenue of $250 ...
Bits & Bites
Mar 01, 2009; ... Insight, news + reports at a glance You're the professional to beat Here is yet more proof that it's a good time to be an accountant: financial data on private US professional services companies compiled by Sageworks, a US-based financial analysis and software company, shows that ...
Director compensation follows workload
Mar 01, 2009; ... For directors of the 25 largest public companies in Canada, median total compensation rose by 24% between 2004 and 2007, according to a Mercer study. This isn't surprising, since being a public company board member requires more time and involves more risk than it did in the past, owing ...
Tax teams move to centre stage
Mar 01, 2009; ... Canada's C-suite and boardroom executives are changing the way they think about the tax team, according to a new survey by Ernst & Young. After years of viewing it mainly as a cost centre, they are now seeing it as a key strategic business partner capable of creating value. The ...
Keep those ideas coming
Mar 01, 2009; ... I have started to think about the events of the past few months in the context of economic grief - an emotional process closely related to the stages of bereavement. The economy unraveled so quickly that many organizations still find themselves in the early phases of economic grief, ...
Are companies underestimating preparation needed for IFRS changeover?
Mar 01, 2009; ... According to a recent survey of Canadian chartered accountants in senior executive roles, many companies believe they will be ready for the changeover to international financial reporting standards (IFRS), even though they remain in the early stages of preparedness. About 425 senior ...
Help for directors dealing with financial crunch
Mar 01, 2009; ... CICA has released a new publication aimed at helping corporate directors understand the business implications of the global financial turmoil. Director Alert: The Global Financial Meltdown - Questions for Directors to Ask highlights key topics for directors to consider to better understand their ...
Reporting guidance in volatile times
Mar 01, 2009; ... CICA has issued a special alert aimed at helping companies supplement financial statements by providing useful information through management's discussion and analysis (MD&A). "The alert provides suggestions about matters that may need to be discussed in the MD&A to provide the ...
Auditing considerations in the current economic environment
Mar 01, 2009; ... The standards have not changed, but based on the economic downturn, auditors may need to make significant changes to many aspects of their financial statement audits and focus their attention on different parts of the relevant standards. "In times of economic uncertainty, increased ...
Progressive Turf Equipment Inc.
Mar 01, 2009; ... Progressive Turf's history began in 1977, when company President Luke Janmaat opened Luke's Machine Shop Ltd., a modest agricultural repair business. According to Janmaat, the company's first pull-behind Rotary Finishing Mower was introduced in 1990, the same year that Luke's Machine Shop ...
Survival Guide
Mar 01, 2009; ... Some economists fear things will get worse. To guide clients through the tough times CAs are advised to stick to the fundamentals DOOM. GLOOM. SLOWDOWNS AND RECESSIONS. Then there is the financial tsunami that is destroying markets worldwide, while the Canadian dollar dropped by more ...
EXIT strategies
Mar 01, 2009; ... CAs might pay more attention to their investments than the average person does, but are they as prepared for their retirement as they could be? LIKE HUNDREDS OF THOUSANDS OF CANADIANS, northern Ontario CA Darryl Gagnier saw his outlook on retirement change dramatically after the meltdown ...
A harsh reality
Mar 01, 2009; ... When a withholding tax is paid in error, the CRA can stand by its technical legal rights to keep it Two relatively recent court cases illustrate the limitations to the recovery by Canadian residents of over-remittances of withholding tax under the Income Tax Act. There are lessons to be ...