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January-February 2012

		Outside the profile The first time Mandy Shapansky declined a fast-track posting to Xerox’s US head office, many bosses were surprised. When she did it a second time, the rumour mill went into action: she must be sick. But doing it her way hasn’t derailed the CEO of Xerox Canada’s career BY PAUL BRENT 2011 compensation survey The latest remuneration report is in and the average compensation figures aren’t as rosy as the last survey’s. However, observers say CAs may not have much to worry about, especially compared with what businesses and other professions have endured the past few years    BY ROBERT COLAPINTO

People Jamie Baillie credits his old boss for his decision to make a career change. Baillie gave up a comfortable position as a CEO to run for the leadership of the Progressive Conservative Party of Nova Scotia and help rebuild the party. Then, all he had to do was win a seat in the provincial legislature News and trends • Ask an expert • Numbers game • Going concern • More work and less play for Canadians • CAs lead the way again Bits and Bites • LinkedIn top site to source potential hires • Disagree to earn more? • CA firms popular • Bosses feeling the love • OMG I’m ill Value Added If the federal government implements the recommendations in two recent reports, SR&ED tax credits could be in for a major overhaul. Keep an eye on the next federal budget

		Fraud Although there is protection in place for the brave souls who expose corruption, too often they pay for their courage BY DAVID MALAMED Standards Auditors of micro-entities can offer value-added services, providing they take safeguards against familiarity threats BY PHIL COWPERTHWAITE Education What, if any, are the economic consequences or benefits of the Canadian IFRS adoption? BY DAVID GODSELL + MICHAEL WELKER Assurance No matter how sophisticated a company’s sustainability development plan is, the internal auditor is an asset to its success. BY FRÉDÉRIC MARIEN

News from the profession Federal funding for CICA to help internationally trained accountants become CAs • Website supports women seeking leadership positions • Customs and Canada’s expanding trade network

Standards digest Recently issued pronouncements

From the editor More than one “surefire” road Netwatch Insurance rebates for keeners Outlook Government’s bad act Work in process A new series of articles that aim to show you avoid costly mistakes on the acquisition road.