Professional matters: news and views for members – November 2016

Mark Carney, governor of the Bank of England and chair of the FSB, speaks about disclosure of climate-related financial information at a meeting convened by CPA Canada. Plus, news on upcoming awards ceremonies.

SEEING GREEN

Carney on climate

Consistency is key when disclosing climate-related financial information, says Mark Carney.

The governor of the Bank of England and chair of the Financial Stability Board (FSB) was in Toronto in July to address business leaders at a meeting convened by CPA Canada.

On the agenda was the FSB’s Task Force on Climate-Related Financial Disclosures, which is developing voluntary, consistent company disclosures to help market participants better understand and manage climate-related risks. The task force’s final report is due in December 2016.

Canadian members of the task force discussed progress to date and shared findings from the public consultation on their Phase 1 report.

To learn more about the task force, visit fsb-tcfd.org. Learn about CPA Canada’s involvement in climate change and sustainability at cpacanada.ca/climaterelateddisclosure.

AWARDS

Celebrate with the best

Mix it up with Canada’s reporting elite at the Awards of Excellence in Corporate Reporting on Dec. 7 at the Fairmont Royal York in Toronto. (Get tickets from cpacanada.ca/crawardsgala2016.) Nominate a deserving individual or team for a CPA Canada Award of Excellence in Public Sector Financial Management by Feb. 17, 2017. Learn more at cpacanada.ca/psfmawards.

MEMBER RESOURCES

Say yes to this engagement manual

Get the essential guide to performing effective audit, review and compilation engagements for small and medium-sized entities. The two-volume Canadian Professional Engagement Manual is available in print, online or as a DVD. Form walk-throughs and electronic templates are also available. Visit cpacanada.ca/cpem2016.

DATA DIVING

How concerned are execs about restrictive post-election US trade policies with Canada?

Data Diving chart

GOING GLOBAL

CPA Canada VP recognized by Caribbean accountants

Lyle Handfield, vice-president international — Asia Pacific, received an award of appreciation from the Institute of Chartered Accountants of the Caribbean (ICAC) for his nine years of contributions to the ICAC board. Handfield’s effort to advance accounting in the Caribbean started when he was a vice-president at CGA-Canada.