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Speaker: Don Drummond, Adjunct Professor and Stauffer-Dunning Fellow, Queen’s UniversityDue to demographics and Canada's lacklustre productivity performance, Canada is headed into a long period of only modest economic growth. Answers will be sought on how to bolster that growth. But the realization will sink in that the public services Canadians want can only be delivered if they are made more effective and efficient. This will put pressure on better policy design and more rigorous policy evaluation. The question is whether policy authorities will respond quickly enough. Read CPA Canada's recent Q&A with Mr. Drummond: www.cpacanada.ca/DonDrummondQA
Speaker: Joy Thomas, President and Chief Executive Officer, CPA Canada
Speaker: Charles-Antoine St-Jean, Chair, Public Sector Accounting Board Charles Antoine St-Jean, the new Chair of the Public Sector Accounting Board (PSAB) will provide an overview of PSAB’s strategic direction. He will discuss the key strategic objectives in the 2017-2020 Strategic Plan. Key strategic objectives include: 1. Finalize the Conceptual Framework 2. Review PSAB’s approach to International Public Sector Accounting Standards 3. Encourage stakeholders to support and accept our standards 4. Implement a not-for-profit sector strategy that meets the public interest 5. Develop standards that support public interest considerations.
NEW SESSION:Mr. Roch Huppé, the incoming Comptroller General of Canada, takes office on October 23 and will share some of his thoughts as he starts his new role.
Roch Huppé, CPA, CGA
Moderator : Diane Peressini, Executive Director, Government Accounting Policy & Reporting from the Office of the Comptroller GeneralPanelists: Claude Rochette, ADM and CFO, National Defence; Roch Huppé, CFO and Assistant Commissioner, Canada Revenue Agency/incoming Comptroller General of Canada, and Arun Thangaraj – ADM and CFO, Global Affairs CanadaThe skills required as a CFO in the Public Sector are evolving. The CFO is no longer seen as a traditional accountant but a well-rounded individual with a varied business skillset. To be effective leaders, CFO’s are increasingly having to develop proficiencies and think critically beyond just accounting performance in areas such as strategy, risk, operations, IT and overall leadership skills to grow and sustain their organization. This session will provide insight on how you can foster a relationship with your senior team and develop the skills needed to become a go-to advisor. Our panel of CFOs will cover the most significant business issues that they encountered in their work. They will share common challenges and solutions. This session will provide participants with some "take aways" that can be carried back to their respective area.
Roch Huppé, CPA, CGA
Diane Peressini, CPA, CA
Arun Thangaraj, CPA, CMA
Speakers: Kim MacPherson, Auditor General of New Brunswick and Martin Boucher, Partner, PricewaterhouseCoopersPublic sector entities utilize a variety of tangible capital assets, which may require retirement. Examples include landfills, buildings containing asbestos, x-ray machines or wastewater treatment facilities. The Public Sector Accounting Board recently received responses to its proposed standard on asset retirement obligations. Find out what senior governments, municipalities, government not-for-profit organizations and other public sector entities need in an asset retirement obligations standard and what the next steps on this project will be.
Kim MacPherson, CPA, CA
Martin Boucher, CPA, CA
Speaker: Sheila Botting, Partner, Canadian Real Estate & Construction Leader, DeloitteAcross Canada and around the globe, many organizations are facing increasing costs and pressures on performance. As a result, virtually every asset and cost is being scrutinized with a view toward reduction. Sheila Botting, Deloitte Partner and Canadian Real Estate & Construction Leader, and global Real Estate Executive leader will provide insightful comments about the evolution of commercial real estate – and identify specific opportunities to rationalize, reduce costs and accelerate a high performance environment. Real estate can be used as a catalyst to drive change and transform the organization. Across the various real estate asset classes – land, office, retail, industrial etc. – various techniques and strategy frameworks can be used to identify the core opportunities to unlock property or asset value and focus on opportunities to drive productivity. For example, through recent assignments with the City of Hamilton, City of Toronto, Infrastructure Ontario and Government of Canada, the Deloitte Real Estate team has identified clear strategies to unlock value and provide key stakeholders with tremendous value. In order to drive these opportunities, creating a high performance real estate organization is crucial. Bringing together highly talented professionals along with core business leaders toward an overall program to drive change and transformation is crucial toward success. Sheila will speak to key principles for these organizations and identify core opportunities toward transformation.
Speakers: Teresa Florizone, VP of Corporate Services and CFO, SaskBuilds and Jane Borland, Director, Financial Reporting, Saskatchewan FinanceIn recent years, public sector entities across Canada are increasingly using various forms of public private partnership arrangements for the provision of assets and delivery of services. As a result, PSAB has undertaken a project to develop authoritative guidance specific to public private partnerships. In the meantime though, entities have to account for projects that are already underway using the existing framework and standards. So, what do you need to understand and what should you consider when faced with accounting for a P3? Is it your asset? How should the various payment streams be accounted for? What should you consider disclosing? We are excited to have with us Teresa Florizone, VP of Corporate Services and CFO, SaskBuilds and Jane Borland, Director, Financial Reporting, Saskatchewan Finance to discuss the specifics of projects currently underway in Saskatchewan, including how the projects were structured and how they are being accounted for. Please join us to gain insights and specifics related to P3 projects in Canada.
Speaker: Michael Goodfellow, Partner, Audit Advisory – Finance Modernization, DeloittePublic sector finance teams operate in an increasingly complex and demanding environment. Mounting stakeholder expectations along with expanding accounting and compliance matters can become overwhelming. Using data obtained through a Deloitte 2016 survey, as well as thousands of meetings with CFOs and Finance leaders across the country, this session will examine the issues and trends that public sector finance leaders should be focused on and will consider practical solutions that can be taken to modernize finance.Discussions will include consideration of the impacts on the people, processes and technology involved and a focus on how to be successful in a difficult environment - including consideration of automation, reducing disparate systems, better communication and the development of a talent strategy for the future.
Speaker: Michael Ferguson, Auditor General of CanadaGovernments spend a lot of time and effort preparing financial statements and other financial information. The Public Sector Accounting Board spends a lot of time fretting the details of accounting standards. But it seems like no one pays attention – why is there so little interest in this financial information, even from parliamentarians?
Speaker: Jocelyn Bérard, Senior Vice President Organizational Psychology, Optimum TalentTransformational Leadership - is this the latest buzzword in the leadership space or just another theory? In fact, it is real, with some serious research behind it. Transformational Leadership encompasses many effective leadership practices and behaviours we already know, but requires they be better integrated to make the theory more applicable. In this session, we are going to demystify this highly critical aspect of leadership and, through concrete examples, illustrate why it is such a differentiator at the executive level. The session will touch on presence, personal brand, leading with purpose and vision, social intelligence, and growing others on your team.
Optional Early Bird SessionSpeaker: Doretta Thompson, Director, Corporate Citizenship, CPA CanadaThis year, CPA Canada’s financial literacy volunteers will help more than 50,000 Canadians all across the country improve their money management skills. We partner with businesses, governments and community groups to provide children, adults, small business owners, new Canadians, people struggling with debt and job loss, and many others with straightforward, objective, plain language lessons that address their immediate concerns.You can be part of our internationally award winning program.Learn how CPA Canada can help you in making a difference in your community. We provide • hands on training• more than 35 proven programs, designed to be delivered in one hour, complete with presentation slides and speakers notes, on a wide range of topics• online opportunity match service connecting you with community groups and employers looking for speakers and sessions• web-based downloadable tools and ebooksJoin us to learn more about how you can share your knowledge and expertise as a CPA to enhance financial literacy in your community.
Speaker: Jesse Hirsh, Futurist and Digital StrategistOpen Government is an exciting innovation in public service, however on its own it will not achieve the transparency or renewal that it promises. Rather it requires a larger culture within the public service, and a focus on literacy within the broader public, but also specifically among the political class (politicians, lobbyists, journalists, and public servants). We are now in the era of algorithms, headed to an era of artificial intelligence, and Open Government is arguably the last and best hope for democracy. For example Uber should be regarded not as a transportation company, but a data company, currently active in the transportation sector, but destined to have a hand across society, especially public policy and even public service. They represent the kind of power emerging in the private sector, and emphasize the need for a strong public sector data and proficiency. In Britain, the Labour Party under Corbyn has proposed an ambitious digital democracy initiative that offers us a glimpse of how Open Government is part of a larger process of democratic innovation and public sector renewal. What will Canada need to thrive and survive the challenges ahead? Open Government is the right approach, but it needs a broader culture to truly succeed.
Speakers: Ian Carruthers, Chair and John Stanford, Technical Director, International Public Sector Accounting Standards BoardJoin us to hear important updates from the International Public Sector Accounting Standards Board.
Speaker: Warren Tomlin, Partner, Ernst & Young LLP
Speaker: Allison McManus, Partner, Accounting Advisory and Department of Professional Practice, and Bailey Church, Partner Advisory Accounting, KPMGWith another wave of IFRS standards to be implemented between now and 2021 (most, sooner), many public sector entities are facing transition challenges that may rival those of the first implementation phase in 2011. It's critical that they do not underestimate the scope and complexity of the impending IFRS initiative, as some did in 2011. This session will provide an overview of key upcoming changes, and discuss some practical implementation tips from ongoing implementation projects.
Bailey J. Church
Speakers: Andrew Graham, Professor, School of Policy Studies, Queens University; Gary Wuschnakowski, Director of Financial Management and Control Policy, Ontario Treasury Board SecretariatTraditional views of risk and innovation are that they are like oil and water. A robust understanding of the ideas of what risk and innovation actually are and how they actually occur will show that this is quite the opposite. In complex government environments, risk mitigation depends on innovations, small and large. Financial advisors occupy a special place in making this happen. Professor Graham will discuss the research evidence behind these ideas, share his own experiences and other real-life examples of risk/innovation synergy.
Speaker: Michael Puskaric, Director Public Sector Accounting, CPA CanadaMichael Puskaric, PSAB’s director will provide a glimpse of what is coming next at PSAB as he provides an overview of the projects currently under development. He will discuss the status of projects including: Employment Benefits, Public Private Partnerships, Revenue, Asset Retirement Obligations and Not-for-Profits.
Michael Puskaric, MBA, CPA, CMA
Speaker: Imran Ahmad, Partner, Miller Thomson LLPThis session will provide an overview of common cyber threats and what organizations should be doing from a breach preparation and response standpoint. The session will include several case studies, identifying best practices and common pitfalls.
Speaker: Laraine Kaminsky, CEO, Global LK2017 in Canada has a changing workplace and workforce. Leaders need to be intentionally inclusive, culturally agile and aware of their biases. Unintentional exclusion can lead to disengagement and decreased productivity. This session will address all the intersections and dimensions of diversity. Laraine will provide an engaging plenary which will include best practices and strategies for leading and managing an increasingly diverse workforce.
Speaker: Robert Lefrançois, Chair, Public Sector Accounting Board’s (PSAB) Employment Benefits Task ForceThe Chair of PSAB’s Employment Benefits Task Force will provide an update on the Employment Benefits project’s recent activities; and a preview of the upcoming document for comment on discount rate guidance, expected to be published in late fall 2017. This document will consider if the current guidance – which is not specific on which discount rates should be used – is sufficient and if the current discount rates applied in practice are appropriate.
Robert Lefrançois, FCPA, FCA
Speaker: Michael Lionais, Executive Director, Costing and Transfer Payments, Treasury Board of Canada Secretariat, Costing Centre of ExpertiseHave you ever thought, ‘Why didn’t they listen to me? The evidence speaks for itself.’ Rather than becoming frustrated, let’s explore why the evidence may not have been considered and how you can improve your chances in the future.
Speaker: Dr. Carlos Davidovich, Vice President Executive Coaching and NeuroManagement Expert, Optimum TalentStress is part of our life, how to keep it under control? This session will provide an understanding of what happens to our multiple brains when we are overwhelmed and the implications for our working life; and how to recognize the overwhelmed state in time. Using real life examples and concrete situations, Dr. Davidovich will present the seven steps to flourishing and thriving; creating a perfect set of take aways for participants as they return to work after this 2 day conference.
Carlos Davidovich, MD, MBA
Kelly Barr, Senior Advisor, Secretariat of the Canadian Council of Comptrollers Jane Borland, Director, Financial Management, Provincial Comptroller’s Office, Saskatchewan Finance Suzie Gignac, Partner, Ernst and Young LLPPaula Jesty, Partner, Deloitte LLPGeneviève Grenier, Senior Principal, Performance Management, Reporting and Public Sector, CPA Canada Michael Puskaric, Director, Public Sector Accounting, CPA CanadaCharles-Antoine St-Jean, Chair, Public Sector Accounting Board (PSAB)Juliet Woodfield, VP Finance &HR and CFO, Defence Construction CanadaGary Wuschnakowski, Director, Financial Management and Control Policy Branch, Treasury Board Secretariat, Ontario Ministry of Finance
Michael Puskaric, MBA, CPA, CMA
Juliet Woodfield, CPA, CA
Join our financial literacy volunteer program for CPA members.
February 26, 2018
Embrace change and make an impact on your not-for-profit (NFP) with insights from industry experts and leaders.
November 16, 2017
From podcasts to virtual classrooms and online courses, there are multiple ways to meet your 2017 CPD requirements online and on the go.