Print Edition
      December 2008
Email    Print    Feedback
Features
 
  Do you speak XBRL?
The US Securities and Exchange Commission has proposed that US and foreign entities that trade on US exchanges use an electronic data tagging taxonomy for their financial statements. If the rule is adopted, about 500 companies will make disclosures in XBRL in the first quarter of 2009

Charity begins at work
Volunteerism is a key component of many companies’ philanthropic and community affairs programs. And it’s a win-win situation for all: employees get a chance to shine while benefiting their community and company in numerous ways


Upfront
 
People Writers are advised to write what they know, and that’s what CA Donald Wilkes relies on for the storylines of his novels, in which the lead character is an accountant. After retiring, Victoria- based Wilkes has gone beyond writing to set up his own publishing house

News and trends • Stint abroad a smart strategy, suggests survey • The IFRS impact • News from the profession • Standards digest

Numbers game

Ask an expert

Bits and Bites • The gender, generation that gives • Montreal's HEC wins business case competition • Let's talk about cheques • Firms still best bet • Break for commuters • Prime time

Value added • Revenue reporting risk remains high*

Findings Audit fees up again


Regulars
 
  Taxation A technical explanation provides insight on new measures in the US-Canada treaty protocol

Transition to IFRS A key issue is the extent to which IAS 38 would or would not support recognition of regulatory assets

Practice management Implementing a strategic plan is demanding and rewarding

Standards A PSAB study addressed key issues and made recommendations for financial reporting

Legal issues A precedent-setting income tax appeal case has ramifications for thorny legal issues

Assurance To avoid a reactive attitude to compliance, companies should implement an ongoing process for improving business process as a whole


COLUMNS
 
From the editor The new language of finance
Work in process BI/CPM survey 2008
Outlook Surviving the worst