PLAY MAKERS\nA seat at the national financial literacy table\nCPA Canada’s Cairine Wilson is one of 15 members of a national steering committee charged with developing a Canadian financial literacy strategy by 2015.\nWilson, who was chosen from more than 100 applicants, believes that CPA Canada’s ongoing investment in award-winning financial literacy programs — which produced three books and a growing network of 9,200 volunteers who share their experience and expertise by delivering free education sessions in their communities — was among the top reasons she was picked to join the team. The committee is led by Canada’s financial literacy leader, Jane Rooney, and reports to the minister of state (finance).\n"Our participation benefits the profession because we’re key influencers of the strategy," says Wilson. "There’s a prestige factor for sure. But more than that is the opportunity for collaboration with others on the committee. Collectively, we’ll get more bang for our buck."\nIn her role as vice-president of corporate citizenship, Wilson is charged with promoting the good work of members and staff, spreading the word about opportunities and creating more ways for the profession to give back.\nVIEW FROM THE C-SUITE\nOptimism abounds in Q2\nHeading into the second half of 2014, accountants in senior corporate positions remain optimistic. \nMore than half (56%) of those surveyed in June for the CPA Canada Business Monitor were optimistic about economic prospects over the next 12 months. (The percentage was almost identical in Q1.) Only 6% of respondents were pessimistic.\nAlmost half (48%) predicted an increase in employees at their companies in the year ahead. (The figure was 43% in Q1.)\nIn Q1 and Q2, 73% expected corporate revenue to grow in the next year. In Q2, 69% forecast an increase in profit; in Q1, the forecast was 66%.\nIn Q2, 66% were optimistic about their company’s overall prospects; in the previous quarter, the figure was 62%.\nFor more details, visit cpacanada.ca/businessmonitor.\nMEMBER RESOURCES\nDrilling into IFRS for oil and gas\nCPA Canada’s three new Viewpoint publications make it easier for junior oil-and-gas companies to apply international financial reporting standards (IFRS) to their operations.\nIdentifying Levies discusses levies, liabilities and a new interpretation of IFRIC 21. Segment Reporting explores IFRS requirements, exceptions and the expectations of Canadian securities administrators. Accounting for Share Purchase Warrants outlines the need-to-knows on warrants.\nEach Viewpoint offers examples and analysis that should interest CFOs, controllers and auditors. Find free PDF copies at cpacanada.ca/ifrsoilgas.\n"From the outset, proponents of unification understood what success would entail: building and consistently communicating a high-level vision that was also firmly rooted in such practical benefits as efficiency, brand strength, competitiveness and global clout."\n— Kevin Dancey, quoted in "Accounting for change," IABC COMMUNICATOR.\nVisit cpacanada.ca/iabc to read the full story.