Grant Thornton Feed: Professional services Keep informed, subscribe to our feed and get our latest updates. 2011-11-16T12:00:00-05:00 Grant Thornton Canada http://www.grantthornton.ca Succeeding at succession: establishing your goals and objectives urn:uuid:-resources-insights-white_papers-GTI_Succession_goals_and_objectives_2011.pdf 2011-10-17T15:16:57-05:00 A Grant Thornton International white paper advising that a well-framed succession plan should include objectives that are aligned with your business strategies and goals—and then communicated to both your business and personal stakeholders. <a href="http://www.grantthornton.ca/resources/insights/white_papers/GTI_Succession_goals_and_objectives_2011.pdf?jsmobile=0" >click to open PDF</a> The results are in—BC will revert back to the combined PST/GST system urn:uuid:-resources-insights-articles-BC_to_revert_back_to_the_PST_GST_August_2011.pdf 2011-08-26T15:49:22-05:00 On August 5, 2011, the last of the ballots were mailed in to determine the future of BC’s sales tax system. The results are now in. With a simple majority vote of 54.73% in favour of abolishing the Harmonized Sales Tax (HST) and returning to the PST/GST system, the voters of BC have had their say. <a href="http://www.grantthornton.ca/resources/insights/articles/BC_to_revert_back_to_the_PST_GST_August_2011.pdf?jsmobile=0" >click to open PDF</a> Bulletin de nouvelles sur les IFRS (Août 2011) urn:uuid:-resources-insights-accounting_standards_developments-Grant_Thornton_bulletin_IFRS_aout_2011.pdf 2011-08-23T10:17:37-05:00 Un bulletin d’information de Grant Thornton qui offre un résumé de certains développements concernant les Normes internationales d’information financière (IFRS) ainsi qu’un aperçu de certains sujets de l’heure et des commentaires <a href="http://www.grantthornton.ca/resources/insights/accounting_standards_developments/Grant_Thornton_bulletin_IFRS_aout_2011.pdf?jsmobile=0" >click to open PDF</a> The CRA’s new vehicle logbook policy may save you time urn:uuid:-insights-resources-smart_tax_tips-95_201011081433.52-95_1011081434-656.xml 2010-11-08T15:07:03-05:00 If you use your vehicle for business and personal purposes, you may be able to simplify your record keeping based on the CRA’s new logbook policy. New development summary: IFRS on lease accounting – Exposure Draft issued by the IASB urn:uuid:-resources-insights-accounting_standards_developments-NDS_2010_02_Leases_October_2010.pdf 2010-10-27T09:01:59-05:00 A Grant Thornton publication that discusses the proposed changes to lease accounting that are outlined in a recent Exposure Draft, issued jointly by the International Accounting Standards Board and the Financial Accounting Standards Board. <a href="http://www.grantthornton.ca/resources/insights/accounting_standards_developments/NDS_2010_02_Leases_October_2010.pdf?jsmobile=0" >click to open PDF</a> Transition anomaly or fraud? Financial statements under IFRS urn:uuid:-resources-insights-publications_ext-Transition_anomaly_or_fraud_CMAUpdate_Summer2010.pdf 2010-09-02T16:04:35-05:00 Grant Thornton practitioners Daniel Laflèche and Patrick McParland discuss how financial statement anomalies are likely to occur during the transition to IFRS, and advise preparers and users of financial statements to take precautions to ensure that these anomalies are not as a result of fraud. (Reprinted with permission from the CMA) <a href="http://www.grantthornton.ca/resources/insights/publications_ext/Transition_anomaly_or_fraud_CMAUpdate_Summer2010.pdf?jsmobile=0" >click to open PDF</a> How to create and sustain value: Strategies to help you outperform your competition urn:uuid:-resources-insights-white_papers-How_to_create_and_sustain_value_2010_electronic.pdf 2010-08-12T10:17:50-05:00 A Grant Thornton white paper for professional services firms that delves into the process of assessing the strength of your people, strategy and sales model—where a weakness of any of the three could signify that it’s time to rethink your long-term goals and strategic vision. <a href="http://www.grantthornton.ca/resources/insights/white_papers/How_to_create_and_sustain_value_2010_electronic.pdf?jsmobile=0" >click to open PDF</a> Accounting for the HST urn:uuid:-resources-insights-adviser_alerts-Adviser_alert_Accounting_for_HST_July_2010.pdf 2010-07-28T12:55:39-05:00 The July 1, 2010 switchover to HST in Ontario and BC has impacted many areas of business and may also have a financial statement impact, including adjustments to the carrying amount of certain balance sheet items as well as prospective impacts on the income statement. <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/Adviser_alert_Accounting_for_HST_July_2010.pdf?jsmobile=0" >click to open PDF</a> Goodbye to just “getting by”: enhancing performance in volatile times urn:uuid:-resources-insights-white_papers-Goodbye_to_just_getting_by_2010_electronic.pdf 2010-07-23T09:14:46-05:00 A Grant Thornton white paper for professional services firms that examines the benefits of defining your Key Performance Indicators (KPIs) and the many ways in which they can enhance business performance and management. <a href="http://www.grantthornton.ca/resources/insights/white_papers/Goodbye_to_just_getting_by_2010_electronic.pdf?jsmobile=0" >click to open PDF</a> urn:uuid:-resources-insights-budget_analyses-2010_federal_budget_Grant_Thornton.pdf 2010-03-10T14:57:47-05:00 <a href="http://www.grantthornton.ca/resources/insights/budget_analyses/2010_federal_budget_Grant_Thornton.pdf?jsmobile=0" >click to open PDF</a> British Columbia and Ontario announce transitional rules for harmonized sales tax urn:uuid:-resources-insights-articles-BC_Ontario_announce_transitional_rules_HST_Oct_2009.pdf 2009-10-22T16:11:35-05:00 A Grant Thornton article providing a summary of the key transitional rules recently announced by the BC and Ontario governments for the new Harmonized Sales Tax (HST) proposed to take effect July 1, 2010. Also discussed are how these transitional rules may be applied to a variety of goods and services. <a href="http://www.grantthornton.ca/resources/insights/articles/BC_Ontario_announce_transitional_rules_HST_Oct_2009.pdf?jsmobile=0" >click to open PDF</a> Your fair share—it’s what you've earned. urn:uuid:-resources-insights-white_papers-Wealth_management _Your_fair_share_2009.pdf 2009-10-16T14:22:58-05:00 A Grant Thornton white paper for professional services firms which explores wealth retention strategies for today's professional. In it, we discuss some of the different tax deferral, tax savings and estate planning strategies that you could be applying today that will allow you to defer and save the maximum amount of tax now, look comfortably to a secure future and generally enjoy the wealth you’ve earned. <a href="http://www.grantthornton.ca/resources/insights/white_papers/Wealth_management _Your_fair_share_2009.pdf?jsmobile=0" >click to open PDF</a> Layout 1 urn:uuid:-resources-insights-reports-Transparency Report 2009.pdf 2009-06-22T14:34:04-05:00 Grant Thornton International - Transparency Report 2009 <a href="http://www.grantthornton.ca/resources/insights/reports/Transparency Report 2009.pdf?jsmobile=0" >click to open PDF</a> Catalyst - Fall 2008 urn:uuid:-resources-insights-catalyst-Catalyst_Fall_2008.pdf 2008-12-08T16:50:21-05:00 In this issue: Lending in the current economy- An interview with RBC's Tim Rider; When the going gets tough... the smart stop to think about the tax implications; and Tax tips for privately held businesses <a href="http://www.grantthornton.ca/resources/insights/catalyst/Catalyst_Fall_2008.pdf?jsmobile=0" >click to open PDF</a>