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• Latest News
• Bill 198 and IFRS
• IFRS – IAS 37 – Provisions, Contingent Liabilities and Contingent Assets
• Ontario HST

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Effective July 1, 2010, Ontario’s Retail Sales Tax (RST) be replaced with the Ontario Harmonized Sales Tax (HST). The HST will have a combined tax rate of 13 per cent — combining the existing five per cent federal Goods and Services Tax (GST) and an eight per cent Ontario component. The HST will be administered by the Canada Revenue Agency. Read more »

Organizations can often benefit from the additional resources, expertise and independence provided by external consultants, such as Gary Schein of GFS Consulting. Gary has been involved with SOX process documentation, test designs, testing, and risk assessments with publicly traded companies for over 4 years. In addition, Gary is a member of the Institute of Internal Auditors, and has over 25 years of financial management, accounting and internal audit experience with public, private and non-profit organizations.

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Shades of SOX

As changes to financial reporting, IT systems, business processes and perhaps entity controls evolve throughout the IFRS conversion time frame, it’s critical that internal controls, especially those related to NI 52-109 and SOX 404 certification, are maintained, redesigned and operate effectively throughout the IFRS conversion project. Read more »

C-SOX / Bill 198 – Update August 2008

During recent years, organizations have dedicated significant resources to internal controls – primarily publicly traded companies, to ensure compliance with the various “SOX” regulations in Canada and USA. Read more »

What is strategic planning and why is it so important? Read more »