Online news
      August 2010
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Dear reader,

Welcome to this month's issue of CAmagazine Online News, where we highlight articles and items of interest from the print and online editions. 

It was one of those cases of CA meets unforeseen opportunity. In 1994, Benoît La Salle took part in a humanitarian delegation to West Africa. This trip ultimately led to the creation of a publicly traded gold mining company with three mines and plans to move into energy and various development projects in the region. Read more in A mine of goodwill.
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In their haste to prepare for IFRS, how far have Canadians gone in making sure external stakeholders such as analysts, investors and regulators can make sense of the global standard? Find out in Stakeholders and IFRS. 
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CAmagazine news: This month marks the final editorial for Christian Bellavance, who has been with the magazine for 19 years, including 14 as editor-in-chief. By the time you read this, he will have joined Financial Executives International. Okey Chigbo succeeds him as interim editor-in-chief. See The gold standard: communication. 
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More magazine news: CAmagazine took home more gold awards than any other publication at the 2010 Kenneth R. Wilson Awards.
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Other highlights from CAmagazine’s June/July print and online editions:

AUDIT
More skills needed in internal audit: The role of internal audit is expanding, according to a new PwC survey of more than 2,000 internal auditors.
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WORKPLACE
Ask an expert: How to take time off without falling behind in your work.
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Employers value fit over skills: Job seekers who focus on selling their experience or technical skills may be missing out in today's job market, a new poll says.
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PROFESSION
Firm beliefs: Accounting firms are the most trustworthy financial institutions, a Harris interactive poll finds.
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Accounting continues winning streak: Good news for the accounting industry: it has been ranked No. 1 in private industries in the US over the past 10 years and is still number 1 as of the past 12 months, since May 2009.
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TECHNOLOGY
Location is the new intelligence: It's only a matter of time, says columnist Jim Carroll. before someone rolls out an app that lets you quickly identify a list of real estate properties on your iPhone.
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OUTLOOK
Elephants on the march, again: We should be wary of mergers between businesses in the same sector that target the same markets, says columnist Marcel Côté. Bigger is not necessarily better or more profitable.
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TAXATION
All in the family: Here are some strategies to maximize the value of your business and minimize tax on the sale of your family business.
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Tax, climate change and technology: Tax professionals need to be aware of the challenges and opportunities arising from the climate change agenda.
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Tax blast from the past: The total tax bill of the average Canadian has increased by 1,624 since 1961 - faster than any other single household expenditure.
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Canada ranks second in tax friendliness: Canada has the second-lowest tax cost for businesses among 10 countries that were studied for a special KPMG report on tax.
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STANDARDS
Warrants are not stock options: Historical stock-based volatility appears to overstate stock-option valuations.
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FRAUD
Fraud never sleeps: The economy has improved, but diligent fraud prevention and detection are as important as ever.
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Coming in September: Annual IT issue: Top 10 tech issues for the profession, virtualization, annual ERP survey, managing global talent, and much more…

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

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