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The role of the CFO has rapidly expanded far beyond number-crunching, tax and compliance. With increasing responsibilities, building skills in strategy and performance has become essential to driving value in business today.

CPA Canada appears before two parliamentary committees to deliver remarks about the private corporation tax changes contained in the federal government’s Budget Implementation Act.

From being named IFAC chief to taking to the ice as an NHL goalie, here are some accountants who have made the news.

With $2.2 billion in estimated taxes at stake, closing arguments were recently concluded in a tax case that could reshape Canada’s transfer pricing landscape. An update from Richter LLP, featured in BNA International, explains.

Canada's CFO of the Year Award is given annually to an individual who has made an outstanding contribution to business in Canada through vision and leadership, corporate reporting and performance, social responsibility, innovation, and business complexity.

We’ve listened to your feedback and created a better experience for you, starting with the launch of our new magazine and online news section.

Thinking about volunteering for a CPA Canada tax committee or joining the In-Depth Tax Course faculty? Discover how to build your credentials, give back to our profession, and learn and grow, personally and professionally.

Cryptocurrencies and new technologies like blockchain are shaping the future of business, finance and tax in Canada. But what does it mean for CPAs?

The right skills and an innovative outlook can improve outcomes in public sector financial management and reporting. Explore our latest professional development options for financial leaders who work with PSAB standards.

It’s getting harder for taxpayers to get relief from penalties and interest for GST/HST errors or non-compliance. Learn about how the Canada Revenue Agency’s Voluntary Disclosure Program has changed and other important GST/HST updates.

CPA Canada is actively working to determine the full implications of the Supreme Court of Canada’s recent decision in the Livent case.

CPA Canada’s first Tax Faculty and Volunteer Appreciation event honoured tutors, volunteers and students for their outstanding contributions to the Canadian tax system. We spoke to a few award winners about their recognition.

From June to July 2017, provincial accounting bodies and CPA Canada conducted a compensation survey of Canadian Professional Accountants (CPAs). Learn about the results.

More and more, the concept of “good business” in Canada refers to the ideals and principles that define the best of what it means to be a Canadian; ethical, equitable, transparent, accountable and sustainable.

Change is challenging, but the rewards that come from adaptation and persistence are high. Learn from Bruce Kirkby, Canadian explorer, how pushing beyond your comfort zone can help drive not-for-profit innovation and growth.

Keep up with the latest thinking on tax from CPAs in Canada with our round-up of new tax-related alerts, articles, white papers and thought leadership releases contributed by national CPA firms.

Technology and the unprecedented availability and immediacy of information has changed the business world. Corporate reporting has not embraced technology in the same way. We hosted a discussion on digital reporting technology to learn more.

The results of our annual Awards of Excellence in Corporate Reporting have been announced, and this year’s winners stand out for their innovative and thorough storytelling. Is your organization a contender?

CPAs face diverse ethical challenges at work. That’s why a strong grasp on best practices is critical for professionalism and value creation. Refresh your knowledge of corporate ethics in one of our new online courses.

Discover why Canada has jumped to second spot among global destinations for employees who are considering moving abroad for employment purposes.

Canadians’ debt loads are growing, along with their financial vulnerability. In a time of increasing financial uncertainty, arming individuals and businesses with strong financial knowledge can help strengthen their future prosperity.

The choice of discount rate could have significant effects on the benefit obligation reported. Participate in the debate on which discount rate would best reflect the time value of money in determining the benefit obligation.

Sustainability initiatives are on the rise across Canada and accountants play a valuable role by helping organizations adapt to change. Discover how you can create more value by linking sustainability to strategy and performance.

Wondering how your organization can harness the power of change? Edie Weiner, a futurist who runs a trend consulting firm, can help. Find out more in this Q&A and at the 2017 Conference for Audit Committees.

With a market projected to reach $70 billion by 2020, explore how artificial intelligence is poised to have a transformative effect on consumer, enterprise and government markets around the world.

While Millennials are often the most discussed generation in accounting today, Generation Z are already beginning to take over internships and jobs. New data reveals they have a lot to look forward to.

The current geopolitical shift is changing how Canada does business. Get insights on the future of global policy and risk management from Robert Johnston, keynote speaker at the 2017 Conference for the Oil and Gas Industry.

As America’s top trade partner, Canada could bear the brunt of a new NAFTA. Discover what’s on the table as NAFTA is renegotiated and learn how you can help your company understand those changes.

A growing number of companies have embraced the need for strong digital leaders. Explore PwC's latest findings on the new class of digital leaders.

When analytics are mainstream in your business, will you be ready? Learn why strategic users should leverage analytics to achieve and sustain momentum across all departments and functions in an organization.

An innovative economy and streamlined public service go hand in hand. Discover the latest insight on financial policy design and evaluation from Don Drummond, keynote speaker at the 2017 Public Sector Conference.

Discover why Canadian CEOs are more optimistic about their company's growth in the near future than their global counterparts despite economic, geopolitical and technological uncertainty.

Power of attorney. It’s a simple phrase, but full of complex meaning. Granting someone power of attorney means to give someone else the authority to act on your behalf in personal matters.

Longer lives means urgent action is needed to tackle the massive global pension shortfall. At what age are you planning to retire? Do you have enough saved up to do so?

Not-for-profits must be able to articulate a clear purpose and demonstrate the impact of their work. As a CPA, you can help organizations reach their goals with a strategic plan that connects performance metrics to the mission.

Organizations that factor climate change into their long-term business plans are more resilient. Discover strategies to enhance sustainability in your practice and meet investor demands for greater financial transparency.

Explore the latest insights on leadership, innovative business and crisis management in this Q&A with Justin Kingsley – Canadian brand expert, strategist and keynote speaker at The ONE National Conference 2017.

Canadian CEOs and their global counterparts share their views on the impact of globalization and technological change on growth, talent, trust and society.

Read why people can’t be neglected in the future of work. Although organizations emphasize technology and its promise, people hold huge, measurable value.

Keep up with the latest thinking on tax from CPAs in Canada with our roundup of new tax-related alerts, articles, white papers and thought leadership releases.

Michael Rousseau’s strategic balance of analytics and insight keeps improving the Air Canada experience, both on the ground and in the air. Here’s how this CPA makes it happen.

The 2017 Deloitte Human Capital Trends report reflects seismic changes in the world of business. Read about the 10 trends for businesses to focus on to better organize, manage, develop and align people at work.

Organizations want significant modifications in the approach to audit sooner rather than later. This report analyzes areas in which audit needs to evolve and what auditors must do to keep pace with clients’ changing expectations.

Better work-life balance and productivity aren’t mutually exclusive. In fact, they’re increasingly connected, thanks to technology that allows CPAs to work remotely.

Through research on the brain chemical oxytocin, shown to facilitate collaboration and teamwork, this report presents a framework for building a culture of trust and fostering a happier, more loyal and more productive workforce.

Federal budget day gives CPA Canada the opportunity to reinforce the knowledge, expertise and influence of Canada’s professional accountants via mainstream and social media. Here’s a peek at how that’s accomplished.

CPA Canada brought together senior business leaders to learn about the Sustainability Accounting Standards Board's work, and discuss best practices for elevating environmental and social issues on boardroom agendas.

Leaders across the globe weigh in on today’s demanding, fast-paced and unfriendly business environment: the challenges posed by innovation, disruption, fickle consumers, corporate culture and more.

Explore the connection between organizations that have more comprehensive digital strategies and those that achieve stronger financial performance — and learn how organizations can maximize and profit from technology investments.

You’re in the eye of the storm amid a swirl of slips, forms and receipts. Chart your way through tax-time turbulence with these updates and resources.

The Federal Court of Appeal has decided that the Canada Revenue Agency does not have the unrestricted right to ask taxpayers for their tax accrual working papers. Learn about this important decision concerning BP Canada.

Examine the evolving role of CFOs and how today’s leaders are not only carefully mapping their own career paths, but also laying the foundation for the next generation of executives.

Learn how automation has the potential to change your daily work activities, how quickly these technologies will become a reality in the workplace, and their expected impact on global employment and productivity.

Climate change. Technology. Trump. The world changes so fast it’s hard to keep up. Here’s a primer to help you keep steady and ahead of the wave.

For practitioners, the Canada Revenue Agency’s Auto-fill my return service offers a quick way to populate a client’s 2016 and 2015 tax returns with tax slip information. How quickly is this data available?

As a busy CPA, you understand the value of foresight. Start preparing now for changes to CRA online services for 2017 so you can better serve your clients, increase efficiency and streamline submissions.

Examine this Forbes Insights global survey report to gain awareness into how organizations are obtaining breakthrough returns from investments in business intelligence.

Unlike many other entities, Canadian public sector entities recognize actuarial gains and losses arising from defined benefit pensions over time. The Public Sector Accounting Board (PSAB) is evaluating this practice and wants your input.

The right post-CPA certification can help you develop specialized expertise to lead corporate innovation and safeguard resources for international organizations. Are you ready to go global?

CPA Canada is seeking a vice-chair for its Board of Directors to oversee the forward-looking agenda of the national CPA organization. The nomination and application period is now open.

Keep up with the latest thinking on tax from CPAs in Canada with our roundup of new tax-related alerts, articles, guides, apps and thought leadership releases.

A solid strategic plan makes your not-for-profit more effective. Get to know some of the key disruptive forces facing Canadian NFPs and explore how confident, qualified leaders can help organizations evolve and excel.

Read The Global Competitiveness Report 2016-2017, which assesses the competitiveness landscape of 138 economies, providing insight into the drivers of their productivity and prosperity.

Explore how the millennial mindset is impacted by the harsh economic realities of the Great Recession — making them politically independent, economically pessimistic and skeptical of traditional institutions.

You might have a healthy bottom line, but how about the financial situation of those around you? Four experts offer up tips to help your nearest and dearest get a handle on their finances.

Canada is celebrating its 150th anniversary. We’re celebrating you, Canadian CPAs. Tell us why you’re proud to be a Canadian CPA.

Strategy mapping helps clarify your organization’s top goals and priorities. Performance management is what you need to support and streamline that strategic vision. Learn more in this Q&A with Brett Knowles, executive partner at PM2.

As a CPA, you have many ethical responsibilities and challenges to navigate in your day-to-day business activities. Enhance your knowledge with an online course that explores the complexities of twenty-first century corporate ethics.

Gender parity at work improves profitability, workplace culture and the economy. By closing the wage gap and increasing female workforce participation, Canada could see $105 billion in GDP growth and other economic benefits.

This research uncovers truths about the state of Canada's business courage and provides insights into the positive impact courage can have on an organization's success.

If you missed them the first time, catch our top stories, webinars and videos in this annual roundup. We’ve also tracked our top conferences so you can start planning for the new year.

Alain Côté, Chartered Professional Accountants of Canada (CPA Canada) chair, and Joy Thomas, president and CEO, visited Parliament Hill with a group of provincial board chairs and CEOs to hear from parliamentarians.

Explore the future of business in our Q&A with the innovators behind Kedge. Yvette Montero Salvatico and Frank Spencer also share a sneak peek at their keynote for the 2016 Conference for Audit Committees.

Broadening access to finance through digital means can unlock productivity and investment, reduce poverty, empower women and help build stronger institutions with less corruption. The benefits can transform the economic prospects of emerging economies.

The spotlight was on the profession at the first-ever CPA Canada Volunteer Awards. Six stars were honoured in a new initiative recognizing outstanding contributions to and a significant impact on the Canadian accounting profession.

Chartered Professional Accountants of Canada (CPA Canada) welcomes new and returning members to our Tax Policy Committee. Find out who’ll be contributing their experience and expertise to our tax policy work.

The AcSB needs you! Be part of this independent body that serves the public interest by establishing standards for financial reporting by all Canadian private sector entities and by contributing to the development of IFRS.

As the corporate reporting landscape continues to evolve, CPA Canada brings the business community together to learn about innovative reporting methodologies that seek to address the changing needs of stakeholders.

Gain insights into the experiences, issues and challenges of adults in the U.S. who answer key questions related to health in the workplace.

Learn more about Canadian organizations who have paid attackers over the past year to regain access to computer files and IT systems infected with ransomware.

There are business advantages for organizations with more women in leadership roles. See why gender equality is not only the right thing to do, but the bright thing to do.

Held in Vancouver’s stunning convention centre, this year’s national conference launched on a theme of love, relationships and how to be a better leader. Find out what the keynote speakers had to say. View our photo gallery.

The rapid acceleration of technology is putting significantly faster and better resources in front of small and medium tax practitioners (SMPs) and their clients.

Americans living in Canada and their advisors will welcome the American Institute of CPAs (AICPA)’s call for the U.S. government to end duplicative tax reporting rules for foreign accounts.

Keep up with the latest thinking on tax from CPAs in Canada with our roundup of new tax-related alerts, articles, white papers and thought leadership releases.

Performance management is an important growth area for CPAs. Get the business tools you need to fine-tune competitive advantage for your clients or organization with our new certificate program that begins in January 2017.

A court case from Nova Scotia reinforces the need for tax advisors to tread carefully when communicating with the Canada Revenue Agency (CRA) on their clients’ behalf. An article from the Canadian Tax Foundation explains.

Explore the future of the internet in this Q&A with Sue Gardner, former executive director of the Wikimedia Foundation. She also shares what to expect in her keynote at The ONE 2016.

Learn how digital fluency, the extent to which people embrace and use digital technologies to become more knowledgeable, connected and effective, is helping to close the gender gap and level the playing field for women at work.

You’ve spent the summer lounging and puzzling over Pokémon Go. Now it’s time to resume fulfilling your CPD requirements. Coming up this fall, these conferences, courses and webinars will give you a professional edge.

Beginning with this issue, Member News is offering readers an additional topic — sustainability. Although sustainability is not new territory for the profession, we’re giving it greater prominence.

Comment on the Public Sector Accounting Board (PSAB)’s draft of its next strategic plan, which outlines the vision, mission, strategic objectives and actions that will guide its standard-setting activities for the next three years.

A transfer in wealth from baby boomers to younger generations is underway, and it’s reshaping the banking industry. See what Forbes Insights has to say about the future of wealth management and the successful use of technology.

Read this global PwC study on what the world’s largest companies look for in their leaders. This year’s report takes a special look at outsider CEOs and the circumstances in which they are being hired.

Our February 2016 webinar with Canada Revenue Agency (CRA) sparked plenty of questions: about common errors, tax preparer registration, CRA’s Liaison Officer Initiative and the underground economy. Now we have answers.

As president of the Confederation of Asian and Pacific Accountants, Jackie Poirier, FCPA, FCGA, leads an organization that spans half the globe. She explains how CPAs influence decisions beyond the Canadian border.

Rather than letting your ideas and attention wander, it’s important to focus on the initiatives that are necessary to move your organization, career and personal life forward. Bob McCulloch, executive coach and strategic consultant, explains.

The future looks bright for a career in finance. By focusing on five areas highlighted in this CFO research survey, finance professionals can thrive and become a business partner of choice in their enterprise.

As cognitive computing becomes part of our everyday world, it has the potential to radically redefine how companies deliver products and services, engage and interact with customers, learn and make decisions.

Immigrants drive our economy, help bridge the demographic gap and will play an important role in the accounting profession’s future. CPA Magazine investigates the issue.

Why does your organization exist – and does it effectively align with your mandate? It’s an important consideration for organizations that want to stay relevant and enhance performance. Bob McCulloch, executive coach and strategic consultant, explains.

Aggressive tax avoidance is a serious issue that affects corporations, international governments and the economy. Learn more about how the OECD is working to give governments the required tools to identify unacceptable tax practices.

Male and female leaders approach their jobs the same way, but the workplace ethics environment is tougher for women according to a study of gender in the workplace.

It all starts with good parenting. That may be cliché, but it’s true. If you want to raise money-smart kids, you must have tough conversations as early as possible.

Gord Nelson, CPA, CA and chief financial officer of Cineplex Inc., has been named Canada’s CFO of the Year for 2016. Nelson chats about his multifaceted job and the need to anticipate, rather than react to, the changes in how people want to see movies.

Tax education, dispute resolution and ethics for tax practitioners — these were just a few topics on the agenda when Global Accounting Alliance (GAA) tax leaders met for three days in Toronto in April 2016.

This global research study shows that while 64 per cent of businesses regard email as a major cyber-security threat to their business, 65 per cent don’t feel fully equipped to defend themselves against these attacks.

Learn about the linkage between effective internal audit leadership and the value delivered by internal audit functions. Strong internal audit leadership can be a key lever to drive improved stakeholder alignment and increased value contribution.

Some significant changes are proposed in the 2016 federal budget for indirect tax. How will new regulations on HST/GST for registered charities and financial institutions impact your work?

Keeping your head above water in April is tough. Our tax expert explains how the CRA’s new online features help you deal with the slips, receipts and data needed to prepare personal tax returns.

Keep up with the latest thinking on tax from CPAs in Canada with our regular roundup of tax-related alerts, articles, white papers and thought leadership releases.

How do we reduce complexity in the tax system? Some think a flat tax is the answer. But is it really? Or is this more a matter of “be careful what you wish for”?

CPAs are on the rise as senior executives in the not-for-profit sector. It's because they make financially and socially astute leaders, leveraging their knowledge to streamline operations, skilfully manage limited resources and embrace accountability.

Learn why cyber breaches and insider threats, which include malicious insiders stealing, manipulating or destroying data, are the fastest-growing risks driving investment in forensic data analytics.

On April 1, 2016, Joy Thomas will take over as president and CEO of CPA Canada, the world’s fifth-largest accounting body. Joy chats about the job, her expectations, and her plans to take the profession into the future. She also invites you to send in questions.

International Women’s Day marks a call to action for accelerating gender parity. CPA Canada’s Women’s Leadership Council celebrates the day and weighs in on the work that’s still needed.

Each year, Canada Revenue Agency (CRA) officials answer questions from Alberta CPAs on income tax and GST/HST issues. Find out what topics were clarified at the 2015 roundtable event.

Learn about the link between diverse workforces and higher financial performance.

Canada is becoming a formidable leader in global markets for Scientific Research and Experimental Development (SR&ED). Learn how the SR&ED tax incentive program helps support the commercial viability and impact of organizations across the country.

Not-for-profit accounting is getting some attention. Globally, there are many opportunities for jurisdictions that want to develop high-quality standards for NFPOs to collaborate and learn from each other.

Deloitte conducted a public survey of more than 1,000 full-time employed adults to understand the challenges people face when it comes to well-being and how organizations can do a better job of addressing these challenges.

The second biennial CPA Profession Compensation Study surveyed 27,863 professional accountants across the country. The average annual compensation in 2014 was $151,000. The majority of members expect that figure to go up.

CPA Canada and others have called on Finance Canada to fix problems created by 2014 changes to the taxation of spousal and similar “life interest” trusts. In a recent letter, Finance lays out some options.

Get more of what you want and less of what you don’t in the PD and Events Guide by giving us your feedback and customizing your preferences. We populate the Guide to meet your needs.

Emerging technologies and an explosion of available data have led the audit profession to a turning point. As an auditor, you need to keep pace with this technology and leverage it to deliver a more insightful audit.

Tax preparers across Canada are getting reminders from the Canada Revenue Agency (CRA) about their obligations to efile the personal tax returns they prepare. It’s all part of the CRA’s strategy to boost compliance.

This survey shows that leading companies are reimagining operations, aligning more effectively with business strategy and working across functional lines to build experiences for their customers. These companies are more confident about their future prospects.

The Supreme Court case about third-party penalties for tax fraud (Guindon) highlights important ethical concerns for tax advisors. Find out why CPA Canada felt compelled to intervene.

Canada Revenue Agency (CRA) staff has scope to exercise discretion on some minor administrative matters, but they don’t always use it. We’re alerting you to a recent situation in case you’ve had a similar experience.

As a young accountant, you are under constant pressure to keep costs low, market your services and stay in touch wherever you are. Learn how these apps can help you achieve all three.

Accurately assessing emotional risk tolerance and other key factors in client investment comfort can make a huge difference in successfully managing retirement investment portfolios.

The chair and vice-chair of the AASB invite you to comment on the AASB’s draft strategic plan for 2016-2021. Pass this on to others you think should also weigh in.

From June to July 2015, provincial accounting bodies and CPA Canada conducted a compensation survey of Canadian Professional Accountants. Learn about the results.

We caught up with some of the grads from the In-Depth Tax Course to find out why they chose the program, what they learned and where they plan to take their new know-how.

Keep up with the latest thinking on tax from CPAs in Canada with our latest roundup of tax-related alerts, articles, white papers and thought leadership releases.

Public accounting firms are moving away from the traditional time ("when we work") and place ("where we work") paradigm, with flexibility of the workplace seeing the most progress.

The era of customization puts you in the driver’s seat. Update your personal preferences on the CPA Canada website by Nov. 30 and be automatically entered into the Get Only the Content You Want! contest.

On behalf of Standards, I invite stakeholders to review the boards’ and councils’ annual reports and the message from the chairs. The reports include the objectives, accomplishments and activities from April 1, 2014 to March 31, 2015.

Water is a critical factor in determining how our world can support humanity’s continued growth. The ability for countries to grow and attract investment will be threatened if water resources are not smartly managed.

“Guidance that is not an integral part of [IFRS] does not contain requirements for financial statements.” This sentence from IAS 8 refers to non-authoritative guidance and leaves a reader wondering — should it be followed?

Research shows that when arrests, lies or extramarital affairs of CEOs and other top executives are disclosed, their companies will lose significant amounts of money in the short- and long-term.

The Joint Committee on Taxation of the Canadian Bar Association and CPA Canada has submitted advice to Finance about the budget’s proposals on non-resident employee withholdings, Section 55 planning and synthetic equity arrangements.

Comparing data from 35 countries, KPMG’s survey findings offer insights that audit committees, management teams and auditors can use to sharpen their committee’s focus, benchmark its responsibilities and practices, and strengthen its oversight going forward.

Learn about innovation performance for Canada and 15 other countries. The Conference Board of Canada report card measures how well Canada is meeting the goal of creating a high, sustainable quality of life for Canadians.

Greed and misdeeds are major corporate themes defining the last 15 years ─ many notorious accounting scandals happened during that time. Following is a chronological look back at some of the worst offenders.

While few executives talk about them, deep and uncontrolled private fears can result in behaviours that undermine how they and their colleagues set and execute company strategy.

Celebrate CPA Canada’s first annual volunteer month. More than 12,000 members support the organization by sitting on boards, leading committees or promoting financial literacy. Find out who volunteers, why, and how you can sign up.

Improving Canada’s productivity has become more crucial than ever. Our economic research will help you look beyond innovation to crucial factors, including helping firms grow, becoming export-ready and investing in intangible capital.

Learn about the potential of new technological trends and their impact on society. This year’s 10 emerging technologies offer a glimpse into the power of innovation to improve lives, transform industries and safeguard our planet.

More than accounting acumen is needed to earn the coveted CFO of the Year award. “I work with numbers, but more importantly I work with people,” says Dean McCann, executive vice-president and CFO of Canadian Tire.

The International Financial Reporting Standards (IFRS) Foundation trustees visited Canada for the first time, along with the International Accounting Standards Board (IASB) chair and members, to listen to, and learn from, Canadian IFRS transition and implementation experiences.

In April, it showers. It pours tax returns and audits for at least 10 hours a day, including weekends. Even for accountants who don’t do taxes, April thunders with office chaos and well-intentioned friends and family prodding for tax advice. This year, stay calm and dry with these tax-time survival tips.

Results of the winter brand social media campaign are in. Congratulations go to Fred Pries who recruited a bear to Team CPA!

A majority of Canadians indicate a high level of confidence in their financial positions, but real indicators show they may be at significant risk, according to a new report by CPA Canada.

Read about how businesses are managing reputation risk in this report on a global survey of more than 300 executives from major companies around the world.

In the latest CPA Canada Business Monitor (Q4 2014), a majority of business leaders surveyed in December 2014 expressed concern about Canadians’ personal debt levels. Learn about federal government and CPA Canada initiatives to help Canadians reduce debt.

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