This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.
Beyond compliance – Promoting excellence in financial reporting
  • CAQ Image
  • CAQ releases the 10th Annual Main Street Investor Survey: A Decade of Investor Confidence

    Sep 29, 2016

    On September 29, 2016, the Center for Audit Quality (CAQ) released the 10th Annual Main Street Investor Survey: A Decade of Investor Confidence. Each year, the Main Street Investor Survey measures retail investor confidence in U.S. capital markets, global capital markets, and audited financial information, as well as confidence in investing in publicly traded companies.

  • Aurora Image
  • Risky business: Evaluating your company’s pension risk

    Sep 29, 2016

    In recent years, pension risk exposure has been a hot topic of discussion for defined benefit plan sponsors. How that risk is defined differs by organization. In our CFO’s corner series, Max Bazile, who leads Toronto’s Pension Actuarial Advisory practice and heads Deloitte Canada’s pension de-risking initiatives, discusses in an editorial how pension risk is a significant concern that needs to be analyzed, quantified and addressed in the broader context of an organization’s business.

  • US_FASB Image
  • FASB issues proposed ASU on insurance contracts

    Sep 29, 2016

    On September 29, 2016, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) "Targeted Improvements to the Accounting for Long-Duration Contracts". The FASB's project runs parallel to the IASB's project to replace IFRS 4.

  • IFRS - IASB Image
    IFRS  - Speech Image
  • IASB Chairman's welcome address at the World Standard-setters meeting

    Sep 26, 2016

    On September 26, 2016, in his opening remarks at the 2016 Word Standard-setters (WSS) meeting that is currently taking place in London, IASB Chairman Hans Hoogervorst spoke on IASB developments in the last 12 months, the Board's priorities for 2017 and beyond, and the cooperation between national standard-setters and the IASB.

  • IFRS - IASB Image
  • IASB updates work plan

    Sep 23, 2016

    On September 23, 2016, the International Accounting Standards Board, following its September 2016 meeting, updated its work plan. The most noticeable change to the work plan is the expected point of time the final standard on insurance contracts will be published: March 2017.

  • US_AICPA Image
  • Executive Impersonation: A Growing Threat

    Sep 23, 2016

    In September 2016, the American Institute of CPAs (AICPA) issued a new report on the growing threat of executive impersonation, in which criminals claiming to be corporate executives convince employees to send them sensitive documents and company information.

  • Securities - CSA Image
  • Canadian Securities Regulators Seek Comment on Alternative Funds Framework

    Sep 22, 2016

    On September 22, 2016, the Canadian Securities Administrators (CSA) published for comment proposed amendments to National Instrument 81-102 Investment Funds (NI 81-102) and National Instrument 81-101 Mutual Fund Prospectus Disclosure as part of the final phase of the CSA’s efforts to modernize the regulation of publicly offered investment funds.

  • United States Image
  • Challenges Ahead from New Revenue Standard

    Sep 20, 2016

    On September 20, 2016, the Wall Street Journal released an article where Eric Knachel, senior consultation partner at Deloitte & Touche LLP, and Christian Chiriatti, managing director at Deloitte & Touche LLP, discuss that the effects of implementing the FASB’s new revenue standard will likely reach beyond corporate finance and accounting and will impact the sales, IT, human resources and compliance functions.

News RSS Feed  Link
 
  •  A Roadmap to applying the new revenue recognition standard Image
  • A roadmap to applying the new revenue recognition standard

    published Sep 28, 2016

    This edition to Deloitte's Roadmap series summarizes (1) key provisions of the FASB’s new standard on revenue from contracts with customers, including the specific steps the standard outlines for recognizing revenue; (2) the standard’s disclosure requirements; (3) the standard’s effective date and transition; (4) other provisions and impacts of the standard, including implementation guidance and tax implications; and (5) recent developments related to applying and implementing the standard.

  • FRI thumbnail 2016 Image
  • Financial Reporting Insights - September 2016

    published Sep 28, 2016

    In recent years, pension risk exposure has been a hot topic of discussion for defined benefit plan sponsors. How that risk is defined differs by organization. In our CFO’s corner series, Max Bazile, who leads Toronto’s Pension Actuarial Advisory practice and heads Deloitte Canada’s pension de-risking initiatives, discusses in an editorial how pension risk is a significant concern that needs to be analyzed, quantified and addressed in the broader context of an organization’s business.

  • Dollars for disclosures Image
  • Dollars for disclosures: The OSC’s Office of the Whistleblower raises the stakes for internal reporting and investigations

    published Sep 22, 2016

    On July 14, 2016, the Ontario Securities Commission (OSC) officially launched the Office of the Whistleblower, the first paid whistleblower program by a securities regulator in Canada. The program provides paid compensation of up to $5 million to individuals who provide original information about violations of Ontario's securities laws that lead to enforcement penalties of at least $1 million. Coupled with new laws aimed at bolstering whistleblower protection, the OSC has created new incentive for individuals with relevant knowledge to come forward. Furthermore, recent amendments to Ontario's Securities Act include the addition of anti-reprisal measures designed to protect employee whistleblowers from employer retaliation, creating renewed incentive for individuals with relevant knowledge to come forward.

  • Cleaning up intercompany accounting: Driving efficiency while managing risk Image
  • Cleaning up intercompany accounting: Driving efficiency while managing risk

    published Sep 22, 2016

    Insufficient accounting of transactions between various legal entities within an organization can lead to inaccurate financial reporting, yet just 9.2 percent of respondents to a recent Deloitte poll say their organizations have holistic, efficient, and well-communicated intercompany accounting frameworks.

  • More publications
  • Publication RSS Feed  Link
     

    Correction list for hyphenation

    These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.