In Canada, the Accounting Standards Board (AcSB) has already taken the first steps of convergence with international standards by outlining the plan under which publicly accountable enterprises will transition completely to IFRS. The change will occur over the next 5 years, and the Board expects the changeover process to be complete by fiscal years beginningContinue reading “Inching towards international accounting standards in the US”
Monthly Archives: July 2007
CA Magazine knows information wants to be free
I need to commend the publication of my profession here in Canada, CA Magazine, for offering the full content of each issue online as soon as the physical copy of the issue arrives on my doorstep. There are many magazines that charge for access to their full content, but CA Magazine realizes that increased readershipContinue reading “CA Magazine knows information wants to be free”
Big Four dominate professional services globally
The Managing Partners’ Forum was established in 1995 and is “dedicated to enhancing leadership and the status of the management team in professional firms worldwide.” They recently released the inaugural Global 500, a ranking of the top 500 professional services firms in the world by fee volume. The Big Four are at the top ofContinue reading “Big Four dominate professional services globally”
Audit choice and competition in UK and G8
Jeremy Newman of BDO Stoy Hayward, highlights a key finding of the British Oxera Report on Audit Choice and Competition: According to the report by Oxera on Competition and Choice published in April 2006 more than 70% of FTSE 100 companies had not held a competitive tender for the last 15 years. The incidence ofContinue reading “Audit choice and competition in UK and G8”
Firm using Facebook to recruit in Toronto
I’ve grown a bit tired of Facebook lately. I think it’s because what originally was a torrent of friend additions has gradually slowed to a trickle. (I meet lots of new people through my job but I doubt they want the auditor on their Facebook!) It seems I’m not the only one who is questioningContinue reading “Firm using Facebook to recruit in Toronto”