Foreign immersion: overseas postings broaden horizons for CAs and their firms

Article Abstract:

Most large accounting firms offer international transfer programs which allow their chartered accountants (CA) to work abroad. These transfer programs expose CAs to different accounting practices around the world, which allows CAs to develop greater flexibility and a better understanding of worldwide accounting and business practices. The companies likewise benefit from the experience acquired by their CAs who, because of the transfer programs, deal better with multinational and foreign clients. The CAs also tend to stay longer with the companies that offer transfer programs.

Evaluation, Travel, Exchange of persons programs, Cultural exchange programs

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CIPA welcomes bankruptcy act

Article Abstract:

The Canadian Insolvency Practitioners Assn (CIPA) welcomed the amendments to the Bankruptcy Act which will take effect in Nov 1992. The new legislation, to be called Bankruptcy and Insolvency Act, is envisioned to foster better working relationships among the parties involved in bankruptcy cases. CIPA Pres Uwe Manski believes the act will promote more investment efforts and help businessmen save their financially strapped firms from bankruptcy. Manski particularly lauds the ruling's elimination of trust claims by the federal and provincial government on bankrupt firms.

Management, Interpretation and construction, Canada, Laws, regulations and rules, Bankruptcy law, Manski, Uwe

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Family-owned Enterprise

Article Abstract:

Family-owned Enterprises (FE) is a fast-growing interest group that assists chartered accountants (CAs) on issues dealing with taxation and estate planning. Approved by the Canadian Institute of Chartered Accountants, FEs assist clients ranging from small business to multinational companies on complex rules concerning family-owned enterprises. FEs provide clients with sufficient knowledge concerning tax auditing and other regulations at one hand, and maintaining good family communication links at the other.

Accounting, auditing, & bookkeeping, Business consulting, not elsewhere classified, Services, Accounting and auditing, Accounting, Family-owned business enterprises, Family-owned businesses, Pressure groups, Special interest groups

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