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      June-July 2009
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Dear reader,

New developments are coming fast and furious as January 1, 2011 - aka Day 1 of IFRS – approaches. This month, we see where publicly accountable companies stand in their preparations for the historic switchover from Canadian GAAP to international financial reporting standards. Read Jeff Buckstein’s report in Conversion checkup.
read more »

In the transition to international standards, publicly accountable enterprises will have to deal with a few common issues. Nadi Chlala and Andrée Lavigne compare the old and new ways in Seven key differences.
read more »

Other highlights from our print and web editions:

TAXATION
New tax savings opportunity: The $5,000 limit to tax-free savings accounts may be higher for contributions of employee stock option plans.
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A few green measures: Growing numbers of SMEs would like to follow the green path, and a tax stimulus could help them make the transition.
read more »

WORKPLACE
Corporate compensation: More and more people are asking why CEOs should be paid so handsomely when they are in large part responsible for the current economic crisis, columnist Marcel Côté says.
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Management myths: Open-door policies and staff motivation may seem like sound management policies, but do they work for you?
read more »

Ask an expert: in the hiring process is it appropriate to ask about pay/benefits? read more »

FINANCE
C-suite CAs continue to deliver returns: Companies in the Globe and Mail’s Report on Business 1,000 that have a CA at the helm performed better on several key financial indicators, including return on equity.
read more »

Comparing the world’s R&D tax credits: Canada still has the world’s best R&D tax credit scheme, but other countries are not far behind.
read more »

TECHNOLOGY
Accountancy in the Twitter era: Soon we will be living with ever more stringent regulations for financial disclosure, says columnist Jim Carroll. At the same time, people are exchanging 140-character messages on Twitter.
read more »

A problem becomes an opportunity: Does it make sense to invest in technology in tough times?
read more »

THE PROFESSION
Fair values; CAs in the news; MAPP survey provides firms with benchmark compensation data; IIN delivers value in these challenging times; and helping you plan a seamless transition to IFRS.
read more »

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Coming in August: SME special: The 10 highest-value accounting services and Restructuring in tough times. Also: How Obama’s international tax proposals will affect Canadian multimationals, effectiveness of IT application controls, managing reputation risk, and much more…

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Visit us often at CAmagazine.com for breaking news relating to the profession and the financial world.

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Margaret Craig-Bourdin
Editor, Online edition
camagazine.onlinenews@cica.ca

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