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The CFO: A cultural change agent
Employee turnover is expensive. Some practitioners estimate that losing an employee costs an organization 150% of their salary! Indeed, providing your employees with an optimal experience is non-negotiable if you want to attract and keep the best and the brightest.
We have all observed a drastic shift in employee expectations over the last few years—a tendency to gravitate towards companies that offer a meaningful and engaging workplace. For many companies, this requires significant change, and change requires leadership. The CFO is best positioned to champion the necessary culture change and create a fulfilling work environment.
Join Catherine Parsons Dhamija, a partner at Deloitte, as she explains an easy-to-use framework for cultural transformation—from diagnosing the existing culture to reinforcing desired behaviours and outcomes.
U.S. GAAP:
Income tax
US tax reform insights: A Canadian perspective
As you navigate through the US tax reform and its impact on your business, you will be faced with various challenges and opportunities. Deloitte's Canadian US Tax practice is here to help you identify what these changes could mean for your business.
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Securities: Standards
Proposed changes to OSC Whistleblower Program
The proposed change clarifies that in-house counsel who report information under the Policy in breach of applicable bar or law society rules will not be eligible for a whistleblower award. Comments are requested by
March 20, 2018.
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CURRENT PROJECT UPDATES
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IFRS Taxonomy Update for IFRS 17, Insurance Contracts
The IFRS Foundation published IFRS Taxonomy update IFRS Taxonomy 2017 — IFRS 17 Insurance Contracts. This Taxonomy update includes elements to reflect the new presentation and disclosure requirements introduced by the recently issued standard IFRS 17,
Insurance Contracts.
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PUBLICATIONS
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Bringing clarity to IFRS: Perspectives on financial accounting and reporting
In these webcasts, we explore and discuss: (i) New amendments that became effective this calendar year; (ii) Upcoming standards that will soon become effective; and (iii) Issues on which regulators and accounting standard setters are focusing on, including an update on the IASB work plan and recent IFRIC decisions.
View
the webcast
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Accounting & assurance update for private companies: What you need to know for 2017 year-end
In these webcasts, we explore and discuss: (i) New guidance in ASPE addressing how to apply the cost method to investments in subsidiaries; (ii) Current status of projects from the AcSB, including the new Exposure Draft for retractable or mandatorily redeemable shares issued in a tax planning arrangement; (iii) New standards for Review Engagements (CSRE 2400); and (iv) Auditor Reporting Standards, which will bring change to all external auditor reports starting in 2018.
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the webcast
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Keeping current: Public Sector Accounting Standards update webcast
In these webcasts, we explore and discuss: (i) New standards being developed under PSAS, and what to expect moving forward; (ii) Implementation considerations and what we have been seeing across the country; and (iii) What's challenging CFOs today across all industries, and what strategies, marketplace tools, and resources they are using to keep ahead.
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the webcast
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A State of Change
Many not-for-profit organizations receive a large portion of their donations through events run by third party fundraisers. In this issue of A State of Change, we consider whether registered charities would be able to issue official donation receipts to such donors, and what the implications are with respect to the management of funds raised and the governance of such relationships.
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GET INVOLVED
Help to shape future financial reporting standards by commenting on outstanding exposure drafts – find a list
here.
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