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May 6, 2008
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Features
Canadian companies not ready for conversion to IFRSThe vast majority of Canadian companies that will be required to convert from Canada's generally accepted accounting principles to international financial reporting standards in January 2011 are not prepared to make the change, according to a study sponsored by Canadian Financial Executives Institute (FEI Canada) and Ernst & Young LLP and released at a conference sponsored by the Canadian Institute of Chartered Accountants and the International Accounting Standards Board in Toronto on April 23 - 25.
Most taxpayers don't want Uncle Sam preparing their tax returns American taxpayers strongly oppose having the IRS or their state tax agency take an additional role of any kind in preparing people's tax returns, according to a new poll released this week by the Information Technology & Innovation Foundation.
Financial executives' salaries on the riseFinancial executives on average reported nearly a 5 percent salary increase, according to a new study by Financial Executives Research Foundation, the research affiliate of Financial Executives International. ![]() Small Business NewsHow to handle difficult peopleA bully at your work is difficult for you to face. He is demanding you do part of his job without pay or credit. How do you handle it? ![]() Lite NewsIT Zone jargon watch - Top 10 management-speak crimesOur UK sister site, AccountingWEB.co.uk, has published a list we know you will find entertaining and all too close to home. Courtesy of UK online office space brokerage, the officebroker.com, the following is a list of the top ten management-speak crimes, some of which you are sure to find familiar. ![]() Firm/State NewsThree Mississippi accounting firms combine with BKD, LLPThree Jackson, MS-based accounting firms are combining with Springfield, MO-based BKD, LLP, one of the 10 largest CPA and advisory firms in the United States. BKD Managing Partner Neal D. Spencer announced the firms' combination is effective June 1, 2008. ![]() Latest News![]() Blogs!What have you got to say today?Linda Cavanaugh, CPA: Plugged In CPA FSP SOP 90-7-1 An Amendment of AICPA Statement of Position 90-7. The FASB approved this FSP on April 24, 2008 and it is effective immediately. This FSP resolves the conflict between early adoption of new standards for fresh-start reporting and other standards that prohibit early adoption.... Dave Burt, CPA: The Shirtsleeve Accountant's Blog As a U.S citizen or resident alien your worldwide income is generally subject to U.S. income tax. However, the IRS allows a foreign income and living expense exclusion for those having a tax home (living and working) overseas.... ![]() Featured BookFive Future Strategies You Need Right Now
Author George Stalk has often been called a guru of business strategy. In the 1980s, before anyone else saw its importance, he and his colleagues at The Boston Consulting Group developed the concept of time-based competition: how meeting the needs of your customers faster than your competitors can give you an unassailable advantage.
In this Memo to the CEO, Stalk discusses five strategies that have not yet become widely practiced but are nonetheless worthy of your attention now. He offers advice on how to identify and manage them while they still present opportunities to jump ahead of the competition. ![]() ![]() ![]() SubscriptionsUpdate your subscriptions by visiting your profile page and selecting the "My E-Newsletters" link. |
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