March 2007 — PRINT EDITION    
 
   
 



Standards overload blues
There was a time when the Guide to Canadian Financial Reporting was 600 pages. Today it might run up to 1,500 pages. Have accounting rules grown so weed-like that they are choking the profession? Or is the complaint about over-regulation a misconception?

Mr. Fix-it
As Canada’s premier corporate restructuring specialist, Hap Stephen has brought back to life the likes of retailer Dylex, Algoma Steel and Stelco. And as turnaround cases go, saving Stelco was a unique time-consuming effort

 



  Technovations
Vonage V-Phone • Fujitsu Lifebook T4210 Tablet PC • Xerox WorkCentre 4118
 
  People
CA Robin Taub took up riding half-pipes and rails only seven years ago. And the self-confessed fearless, technical-type has not looked back since, taking on the role of ambassador for the sport of snowboarding
 
  News and trends
  •  Vacation days go down the drain
  •  And the gold goes to...
  •  Regulatory issues take a toll
  •  Boards are on a new mission
Boards are trying to find ways to get beyond box-ticking to create value for the companies they serve, a survey of corporate directors shows
  •  Canada warms up to public-private partnerships
Although these partnerships can provide a good solution to the country’s infrastructure needs, there is still room for improvement, a new report from Ernst & Young says.
  •  News from the profession
  •  Standards digest
 
  Numbers game
 
 
  Ask an expert
Why hire a life/work coach?
 
  Book Value
  •  University Matters: Prepare for the Challenges and Realize Your Potential
  •  Succession planning toolkit for business owners
 
  Findings
Most new clients: PWC
 
  As quoted
New York losing ground
 
  Going concern
Peter Gustavson, FCA, Chairman and CEO, Custom House Global Foreign Exchange
 
 



  Taxation
Tax and studies: Canadian students have always had some form of tax incentives, and the last federal budget added a few more
 
  Business adviser
Tactical teams: collaboration with other advisers ensures that you will come up with a plan that’s best for the client
 
  Education
Investors’ best protection: the notion that Canada is the “wild west” of lax securities regulations is prevalent, but will more rules reform our image?
 
  Technology
The future is now; technology has come a long way
 
 



Overload blues
Vulture funds dominate
Minds of their own
Although sample size was limited, results are consistent with those from last year -- which adds to their credibility.
Testing Canada-US relations