O n t a r i o CheckMark o f A c c o u n t a n t s C h a r t e r e d Inside this issue: What’s new with the new CA Act: the Case of the Discipline Dodger Celebrating Business Excellence in Ontario o f the Partnership Prenup: Responsibly managing Dissolutions I n s t i t u t e Aligning new CICA Handbook with Rules of Professional Conduct FCA Elections & ICAO Award of Distinction: Call for nominations Autumn 2010 T h e The key to attracting and retaining top ﬁnancial talent is here. Download your FREE 2011 Salary Guide or use our interactive salary calculator at roberthalf.ca/SalaryCenter. Toronto • North York • Markham • Ottawa Scarborough • Vaughan • Brampton Mississauga • Burlington • Kitchener-Waterloo 1.800.803.8367 © 2010 Robert Half. 0910-9009 CheckMark A u t u m n 2 0 1 0 Highlights CheckMark is published four A message from the Chair 3 times a year by the Institute of Greg Gallant, FCA, discusses self-regulation; the impact of globalization and Chartered Accountants of Ontario changing demographics on the CA profession; exploring new entry routes to the for its over 33,000 members and CA designation; national ad campaign; and more. 5,000 students. Publisher Ontario Business Achievement Awards: Celebrating Excellence 6 Rod Barr email@example.com What’s new with the new CA Act, Part 2: the Case of the Discipline Dodger 7 Editor Sheila Clenman This is the second in a series of articles to help members become better firstname.lastname@example.org informed about the new Chartered Accountants Act, 2010. Contributors member Services news 9 Jennifer Andres Cate Freeman the Partnership ‘Prenup’: Responsibly managing Dissolutions 13 Guest writers Malcolm D’Souza and Kaitlin D’Silva offer tips on how to create Advertising partnership agreements so as to prevent future problems. Melanie Mohan email@example.com Aligning new CICA Handbook with Graphic Design Rules of Professional Conduct 15 Thanh Lam An update of the reviews underway at a national level, including an examination firstname.lastname@example.org of the impact of the ‘new’ CICA Handbook on Independence and other Rules. Undeliverables to be returned to the following address: ChAracters 16 Meet Donald MacKay, CA, golf course developer and guide dog trainer. The Institute of Chartered Accountants of Ontario FCA Elections and ICAO Awards: move to a two-Year Cycle 19 69 Bloor Street East Toronto, Ontario M4W 1B3 2011 FCA Elections: Call for nominations 19 Tel: 416-962-1841 Toll Free: 1-800-387-0735 Professional Development news 23 Fax: 416-962-8900 Website: www.icao.on.ca Second term of Small Practices Advisory Committee Begins 25 E-mail addresses are: Key items discussed at a recent meeting include public accounting licensing first initial and last name (lower and practice inspection. case) followed by @icao.on.ca ICAO Award of Distinction: Call for nominations 26 Canada Post Publications Mail Agreement # 40051537 Christine E. Sinclair Community Leadership Award 26 Around the Districts 28 thank you to 2010 Free CA tax Clinic Volunteers 30 Career Information news 32 Includes the launch of the Rule the Tube competition, the new Chartered for Finance conference, and more. 2010 new Life members 36 Printed on recycled, Disciplinary notices 38 chlorine-free and acid-free paper. Looking for something less permanent? The Mason Group offers Contract Services The Mason Group’s Contract Division specializes in the recruitment and placement of finance and accounting professionals on a project or interim basis. From Financial Analyst to CFO, short-term leaves to long-term projects, our tenured Contract Division can help you find the talent you need to meet your deadlines and complete your strategic assignments. If you’re looking for flexibility, give The Mason Group a call. Toronto 416-733-9393 Mississauga 905-804-1100 www.masongroup.ca A Message from the Chair Gregory M. Gallant, FCA Let me begin this issue of CheckMark by dusting off a term profession need to confront and surmount in just this way. that we tend to use when talking about the CA profession, They are ‘globalization’ and ‘demographics’. but one whose meaning we rarely pause to think about. That term is ‘self-regulating’. It’s an old principle, and one These are two driving forces that will change the face of the which still works to everybody’s benefit: yours, mine and the CA profession in this country in ways we need to harness society we serve. and control. But what does it really mean? To me, a profession is Globalized commerce, globalized accounting self-regulating when it’s simply the best way, out of all the alternatives, to govern the use of its expertise in Let’s start with ‘globalization’. It’s an overused term, to be the marketplace. The chief alternative, of course, is for sure, but one which has real meaning and impact for the government to regulate us directly. But the case against way the world works in transactional terms, in an age when that is that it would be very difficult (and hugely costly) for business and commerce cross borders and time zones at government to replicate the expertise that’s required to the push of a button. Rules and standards are becoming understand and manage a profession like ours. globalized, as is risk. Markets are becoming borderless and, thus, globalized too. So the consensus is that we do it ourselves, with simply a degree of legislative oversight. But this also means that self- And we in the accounting profession are in the thick of it. regulation is a privilege. It is granted to us, and it can be taken away – so we, as a profession, need to demonstrate As a result of this ever-changing, global professional at all times that we can govern ourselves in the public environment, we’re beginning to see the emergence of interest. And after more than 130 years in the business of global accounting designations. The two biggest ones self-regulating the CA profession in Ontario, it’s so far, so today, of course, are CA and CPA. The CA designation is good. strong chiefly among the Commonwealth countries. The CPA designation is strong in the U.S., Japan, Hong Kong Change – or be changed and Australia. But self-regulation also means something else. I think that Things may stay this way for a long time to come. Or they self-regulation carries with it the obligation to evolve as could change tomorrow. There have been a lot of recent time goes on: to change our profession to meet anticipated discussions by the national and provincial leadership developments. It’s not just those things that happen that of our profession as to how to get ready, should a major would otherwise force us to react, after the fact. After realignment occur in the face of this changing environment. all, if we can’t do these things ourselves, it may fall to governments to do it for us. And I don’t think anyone would What those discussions boil down to is this: Should either wish for that to happen. the CA or CPA designation become the globally dominant one, we need to ensure that Canada’s CAs are aligned with This brings me to two terms that best capture the kinds it. That’s because in our business, the alternative to being of changes happening all around us today, that we as a globalized is to be marginalized. (Please see page 4) CheckMark • Autumn 2010 3 (From page 3) Niche players – or ‘backwater-dwellers’? For better or for worse, these and other recent developments have made the issue of internationally trained professionals A profession like ours simply cannot survive on the as much a political question as it is a moral imperative. sidelines. If we don’t have the reach, the scale and the influence at the international councils of accounting, we will It’s pretty clear that how we, as a profession, handle these rapidly become voiceless and irrelevant. This is especially forces will largely determine whether we retain our pre- so as it relates to the evolution of global accounting eminence as Canada’s leading accounting designation. At standards, which is one of the great issues in international the same time, it will decide whether we can continue to finance today. For these reasons, steps are being taken serve the marketplace for top-quality, strategic finance and to explore the ways to also use, in addition to our CA accounting expertise, just when demand for CA services is designation, a Canadian CPA designation. on the rise. Here we have an historical basis from which to proceed, When it comes to ensuring we have the numbers we need to if necessary: Members may know that CPAs actually maintain our position as leaders in our field, we’ve actually merged with Ontario CAs back in 1962. What may be less been at this for some time. That effort began in 2004 with well known is that the Canadian CA profession retains a the development of a document called Strategic Crossroads controlling interest in the CPA designation in this country – for the CA Profession, which tabled the issue and started a legal stake we are today working to consolidate in the debate across the profession nationally. A highlight anticipation of possible future developments. was the discussion around the so-called ‘bottleneck’ – the restricted number of training positions for new CAs owing We are very early into this discussion, and we appreciate all to the traditional approach of training exclusively in public the sensitivities that surround it. The Institute and I commit to accounting offices. keeping you informed at every step. Widening the funnel Reflecting the world in which we do business As a result, in 2007, we expanded CA experience The next term is ‘demographics’. The demographic trends requirements, enabling corporations and governments to facing the CA profession today – and indeed, Canadian train CA students, while enabling CA firms to train outside society as a whole – are twofold: The first is an aging the audit stream. And it’s working: These expanded training population, and the fact that our membership is retiring at options are starting to ease a bottleneck in the CA training an unprecedented rate. The second is immigration. In the system, while at the same time making the attainment of the wake of our own declining workforce, we need to make sure CA designation both more attractive and more accessible to we are attracting and integrating skilled immigrants. business students. On the issue of accommodating skilled newcomers to Now, the task is to continue that evolution by providing a range Canada, events are also being driven by a number of of supplementary routes to CA accreditation that will appeal developments right here in Ontario: The recently-passed to the best and brightest business professionals from across new CA Act, for example, contains provisions restricting the Canada and around the world. use of foreign accounting designations such as ACCA and CIMA, to avoid marketplace confusion over which bodies It’s simply a fact that the available talent pool for CAs are regulated in Ontario and which are not. These two U.K. is much larger than that accessible to us through new designations, in particular, highlight the problem, sounding business graduates alone. We need to attract ‘the best and as they do like ‘CA’ and ‘CMA’, respectively. Yet this provision brightest’ from these other sources of talent. These should, was seen, at least by the media, as somehow ‘protectionist’ – in our view, include new graduates with non-business an effort to keep out professional accountants from other degrees, or career-changers, or perhaps academics countries. This is a reminder of the sensitivity of the issue, or other professional accountants with domestic or and the need to be seen to address it. international credentials. It bears noting too that these U.K.-based bodies have We need to consider too that, historically, our profession has established partnerships with other Canadian accounting had only three ‘pathways’ available to meet the needs and organizations, such as the CGAs and CMAs. While reflective aspirations of non-traditional applicants: of the skilled immigrants’ issue, these arrangements also hint at a future trend in which Mutual Recognition • Graduation from university with all, or substantially Agreements or other forms of partnerships may one day all, of the required credits, followed by employment give rise to truly global accounting designations of the kinds obtained in a CA Training Office; discussed above. • Mutual Recognition Agreements, or ‘MRAs’, that allow the members of 13 international accounting bodies to Similarly, the Fair Access to Regulated Professions Act, become CAs by writing the CA Reciprocity Exam; or passed by the province in 2006, created a Fairness • In some provinces, university-based programs that offer Commission that constantly monitors professions like ours the courses required for admission to their respective for evidence that we are not exclusionary when it comes to professional programs. people with international credentials. 4 CheckMark • Autumn 2010 These are attractive, alternative routes to the CA So there you have a new perspective on the forces that are designation, to be sure. But all of the factors I have shaping not only the global rules of business, but also the previously described demonstrate that they are no longer global environment for the accounting profession. Where all enough; not in an era of declining membership, an aging of this will ultimately lead us is still far from clear. The one population and the growing demands of governments thing we know we cannot do is to wait until the winds simply and others for greater access to credentialed professions blow us toward our future as a profession. for internationally-trained individuals. And not when the admission numbers from these alternative pathways are No, this is a boat we need to steer, and a route we need to fewer than 100 annually through those MRAs, and fewer chart, ourselves. than 200 yearly through the university-based programs. National brand advertising These numbers are simply not enough for us to ensure a sustainable profession to meet the rising demand for what Having said all that, it’s a noisy world out there, and part of we do, at a time of growing regulatory complexity and our success will depend on telling our story in a crowded declining demographics. Our initial discussions to explore marketplace of ideas. So let me close with an update on the what additional pathways there could be have so far landed CA profession’s national branding efforts. An exciting new on four distinct new entry routes. In no particular order, phase of the national Decisions Matter ad campaign was these are: launched in October, and it is very different from what we’ve done in the past. It is more assertive in establishing CAs as • A CA Core Program for those who lack the essential the leading business professionals and, in its originality, has knowledge or skills – for example, recent graduates been designed to break through the media clutter. with non-business university degrees or career- changers with little relevant experience. After These new ads have begun rolling out on TV, radio, and successful completion, applicants would be admitted outdoor billboard placements. Our broadcast presence is to a regional Professional Education Program, after distinguished by the voice talents of the iconic Canadian which they would follow the traditional pathway to the actor Gordon Pinsent. I’d urge you to watch for this new designation; phase of the Decisions Matter campaign – and certainly let • A Professional Program for applicants with most or us know what you think about it. all of the core academic requirements and business experience – for example, those with relevant business So all in all, there is some measurable progress to report on degrees and experience, and probably working in mid- a number of fronts. And yes, there are some big nuts still to level financial management positions; crack on others. • A UFE Challenge route, which is only being put forward for discussion as a possible pathway for those who feel But there’s one thing I’ve come to learn, on the business of strongly that they are ready for the UFE, and require influencing decisions and moving our profession’s priorities only a chance to demonstrate their competencies. along. Much more often than not, we end up where we need (Our recognition negotiations with Indian Chartered to be. That’s because the CA profession, for over more than Accountants are headed in basically this direction); and a century, has earned the trust and respect of decision- • An Examination of Experience – a rigorous makers in this province, across Canada, and indeed around assessment of significant business experience, limited the world. to senior finance and accounting professionals with an accounting credential. The intent would be to Just as with the principle of self-regulation that I began provide a reasonable and sufficient replacement for the with here, this is a trust we need to safeguard at all costs, UFE, because it would be based on actual business because it makes things happen. In these uncertain times, experience, rather than case studies in an exam there’s nothing more priceless. And it’s up to all of us, as environment. Chartered Accountants, to keep that badge of trust shiny. This latter proposal is based on a process known as ‘Prior If you would like to comment on these or any other matters, Learning Assessment’, which provides a methodology to please contact me at the Institute. My e-mail is ggallant@ assess experience as a surrogate for education. It has been icao.on.ca. in use in England and Wales for more than two years. Pass rates are under 50 per cent, and flow-through is about 65 per cent over the two attempts permitted under the system. I want to assure members that in any investigation into differing means of credentials recognition such as these we will be guided by the absolute imperative of sustaining the rigour, standards and prestige that have made our profession what it is.There will be no short cuts and no compromises. CheckMark • Autumn 2010 5 Ontario Business This year’s dinner was hosted by Shaun Majumder, the Gemini award-winning actor/comedian and star of This Hour has 22 Minutes. Achievement Awards: The evening was off to a great start with the CA-VIP Celebrating Excellence reception. The reception provides a unique forum for CAs to mingle with other business leaders and award winners, along with senior politicians and their staff. It offers an exceptional opportunity for the Institute and the profession to leave a lasting impact with key decision-makers on policy topics of importance to Chartered Accountants. Institute Chair Greg Gallant had the honour of presenting the Corporate Governance Award to this year’s winner – Oliver and Bonancini Restaurants. In all, a dozen companies from around the province were named winners of the Ontario Business Achievement Awards and the Ontario Global Traders Awards. Seen at the CA-VIP Reception are, from left: Institute Chair Greg Gallant, FCA; Len Crispino, CEO of the Ontario Chamber of Commerce; and Awards Host Shaun Majumder. On September 20, achievement and excellence in business were once again recognized at the Ontario Chamber of Commerce’s (OCC) 28th annual Outstanding Business Achievement Awards. The Institute of Chartered Accountants of Ontario shares the OCC’s vision that excellence in business should be acknowledged and celebrated, and is therefore proud to continue as the Platinum sponsor of this event. Our partnership with the Ontario Chamber also reflects the Greg Gallant (right) is seen presenting the 2010 CA Award for Corporate Governance to Peter Oliver, Partner of Oliver & Bonacini Restaurants, while extent of “cross-pollination” between the two organizations: Shaun Majumder (left) looks on. Many CAs are leading Chamber members, and vice-versa. Together, the Institute and Chamber constitute a strong and effective voice for businesses of every size in Ontario. imagine if you could clone yourself... toronto north York MiSSiSSauga 416.362.GREY (4739) www.mortongrey.com Strategic Sourcing of accounting & finance ProfeSSionalS Morton Grey Summer 2007.indd 1 7/10/07 2:29:05 PM 6 CheckMark • Autumn 2010 What's new with the new department. Also, if you cannot gain access to your client’s files from the former CA, the Institute may be able to help, through its custodianship powers – as discussed in the last CA Act, Part 2: the Case of issue of CheckMark. the Discipline Dodger – Advisor This is the second in a series of articles to help members become better informed about the provisions of the new For members Struggling or in trouble Chartered Accountants Act, 2010. This issue’s article focuses on CAs in trouble – both from the perspective of There are resources to help you. Check the Member the struggling CA and the CA who has taken on the former’s Assistance section under the CA tab at www.icao.on.ca clients. for information on confidential advisory and counselling services that are available. Dear Advisor: If you’re a practitioner, there are additional resources I’m a sole practitioner. I’m having family troubles and haven’t available at Practice Matters under the CA Firms tab. been focused on my practice for a long time. Now I’m These include the Emergency Assistance Program that in trouble. A client is about to file a complaint. Can I just can provide you short-term or longer-term assistance resign to avoid the discipline process – and stay out of the and the Practice Listing Service, if it’s time to reposition Disciplinary Notices in CheckMark? your career. – Troubled in Toronto For more information, call a Member and Practice Advisor at 416-962-1841, ext. 456 or 1-800-387-0735, Dear Troubled: ext. 456. Resigning won’t prevent you from possibly being disciplined. You may be surprised to find out that the Chartered Accountants Act, 2010 gives the Institute authority over former CAs. In fact, pursuant to the new CA Donald Wray Honoured Act, the Institute has up to six years after someone resigns or otherwise stops being a member to start an investigation for acts committed while a member. The former member is required to provide any information and documents, including those kept electronically, that an investigator thinks is relevant. If he or she fails to do so, they can be charged with an offence and, if found guilty by the courts, fined up to $25,000. It's an equally serious offence to destroy, hide or alter any documents. These provisions can be found in Sections 19, 49 and 50 of the Chartered Accountants Act, 2010. There is a link to the Act on the Institute's website at www.icao.on.ca. – Advisor Dear Advisor: Donald G. (Don) Wray, FCA, (left) receives his official ICAO I’ve just taken on the client of a former CA who left Award of Outstanding Merit portrait from Institute President everything in a mess. I’m really frustrated and this does not and CEO Rod Barr, FCA, at an informal presentation held seem fair! Is there anything that can make this easier on recently at the Institute. me? This award recognizes conspicuous and sustained service – Angry in Acton to or on behalf of the CA profession, including service to the community, and is the highest honour that the Institute can Dear Angry: bestow. While the Institute can’t make the mess go away, it can Sheila Fraser, FCA, and James L. Goodfellow, FCA, were investigate and discipline the former CA, as set out above. also elected as recipients of the 2009 ICAO Award of I would encourage you and your client to consider making Outstanding Merit. a complaint through the Institute’s Standards Enforcement CheckMark • Autumn 2010 7 Group home and auto insurance Insurance as simple as for members of The Institute of Chartered Accountants of Ontario Insurance doesn’t need to be complicated. As a member of The Institute of Chartered Accountants of Ontario, you deserve – and receive – special care when you deal with TD Insurance Meloche Monnex. First, you enjoy savings through preferred group rates. Second, you benefit from great coverage and you get the flexibility to choose the level of protection that suits your needs.1 Third, you receive outstanding service. At TD Insurance Meloche Monnex our goal is to make insurance easy for you to understand, so you can choose your coverage with confidence. After all, we’ve been doing it for 60 years! Request a quote and you could 1 866 269 1371 Monday to Friday, 8 a.m. to 8 p.m. www.melochemonnex.com/icao TD Insurance Meloche Monnex is the trade name of SECURITY NATIONAL INSURANCE COMPANY which also underwrites the home and auto insurance program. The program is distributed by Meloche Monnex Insurance and Financial Services Inc. in Quebec and by Meloche Monnex Financial Services Inc. in the rest of Canada. Due to provincial legislation, our auto insurance program is not offered in British Columbia, Manitoba or Saskatchewan. 1 Certain conditions and restrictions may apply. * No purchase required. Contest ends on January 14, 2011. Total value of each prize is $30,000 which includes the Honda Insight EX (excluding applicable taxes, preparation and transportation fees) and a $3,000 gas voucher. Odds of winning depend on the number of eligible entries received. Skill-testing question required. Contest organized jointly with Primmum Insurance Company and open to members, employees and other eligible people of all employer and professional and alumni groups who have an agreement with and are entitled to group rates from the organizers. Complete contest rules and eligibility information available at www.melochemonnex.com. Actual prize may differ from picture shown. Honda is a trade-mark of Honda Canada Inc., which is not a participant in or a sponsor of this promotion. Meloche Monnex is a trade-mark of Meloche Monnex Inc., used under license. TD Insurance is a trade-mark of The Toronto-Dominion Bank, used under license. Member Services News Ingrid Enhagen, CA Director of Member Services member Services news to assist the AcSB in identifying issues in Canada related to this project and in responding to IASB invitations to comment. The advisory groups are: Changing accounting and assurance • IFRS Discussion Group • Joint AcSB and PSAB Task Force to address Not-for- standards Profit issues • Private Enterprises Advisory Committee Guidance on application of new standards • Academic Advisory Council • User Advisory Council In addition to courses offered through the Institute (see the • Employee Benefits Advisory Group (IASB project) 2010-11 Fall/Winter PD Catalogue at www.icao.on.ca) and • Insurance Accounting Task Force (IASB project) the CICA, there are numerous other resources available to • Leases Advisory Group (IASB project) help provide guidance on the new standards. These include articles, frequently asked questions, archived free webinars For those of you who want to contribute in some manner to and podcasts, and conferences. These additional resources standard setting, more information on each of these groups, can be found in the Canadian Standards in Transition area including how to provide input to them, can be found at of the CICA's website at www.cica.ca/transition, as well as www.acsbcanada.org. Look for the Advisory Groups item in on the following websites of the respective boards issuing the right column. the standards: • Accounting Standards Board (AcSB) Proposed Guideline on dating of the review engagement at www.acsbcanada.org report • Public Sector Accounting Board (PSAB) at www.psab-ccsp.ca A Guideline has been proposed for review engagements • Auditing and Assurance Standards Board (AASB) to provide guidance on how to apply the concept of at www.aasb.ca ‘substantial completion’ to the dating of the review • International Accounting Standards Board (IASB) and engagement report. For more information, refer to the IFRS Foundation at www.ifrs.org October 2010 issue of Practice Advice. This newsletter and further updates can be found on the AASB's website at Providing input on accounting issues www.aasb.ca. As you immerse yourself in learning the new standards, Note also that there has been a change in terminology you are likely to encounter issues which are common to between Part II of CICA Handbook-Assurance (old version) others. The AcSB has set up several advisory groups to and Part I (new 2010 version). The wording in the review receive input on various aspects of accounting standards. engagement report is now ‘inquiry’ instead of ‘enquiry’. A number of these are set up in relation to an IASB project (Please see page 10) CheckMark • Autumn 2010 9 (From page 9) Brochures for educating clients on new standards Please be aware that anyone calling is not acting on behalf of the Institute, nor on behalf of either Manulife Financial or Understanding Reports On The CICA has added a new Sun Life Financial (our member and firm plan underwriters), Financial Statements brochure, Understanding and has not been provided with any listings of individual Reports on Financial policyholders by either Manulife or Sun Life, or by the Statements, to the Client Institute itself. These companies deal with members of Development Brochure this Institute only through clearly co-branded mailings and Series available exclusively websites, or in the case of the firms’ plan, through the plan’s to CAs. This new publication agent, Brian Clewes. Telephone contact is made only in explains the three levels of response to a member’s enquiry. service CAs provide with respect to communications If you should receive such a solicitation, please forward on financial statements – the individual’s contact information to Customer Service www.cica.ca/CAS audit, review and at email@example.com. As the Institute learns of these compilation. incidents, the perpetrators are warned that the directory information available on our website (member, firm, Other brochures in the series cover such topics as: New and public accounting licensees) is not to be used for Canadian Auditing Standards (CAS), New Accounting commercial or solicitation purposes, and any misuse or Standards for Private Enterprises, International Financial violation of this information may result in the Institute taking Reporting Standards (IFRS), and Tax Planning. All of these action against the user. publications can be found on the CICA’s website at www.cica.ca in the Client development brochure series section under Service & Products. CA Select insurance plans Catastrophic Health Insurance has recently been added to Greenhouse gas (GHG) emissions reporting – are you the CA Select family of insurance coverages. This innovative ready? insurance product acts as an emergency back-up fund that kicks in after you've satisfied certain deductibles. In less than nine months, the Ontario Ministry of the Many illnesses and injuries can mean your health costs rise Environment’s GHG Reporting Regulation 452/09 will require exponentially and can quickly deplete your savings. With reporting of 2010 emissions. This regulation provides the CA Select Catastrophic Health Plan (CAT Plan), you pay the foundation for Ontario to implement a cap-and-trade your expenses from your current health plan or out of pocket program to help achieve its climate change goals. This will and, once your expenses exceed pre-set limits, the CAT impact entities that have facilities involved in various forms plan takes over. It covers up to 100 per cent of excess costs of production and manufacturing where greenhouse gases for prescription drugs, chiropractor and physiotherapist are being generated. services, and up to $100,000 of homecare and nursing, durable medical equipment and prosthetic appliances. For Facilities that emit 25,000 tonnes of carbon dioxide more details, visit www.icao.on.ca/CACatHealth. equivalent or more will be required to prepare an emissions report for calendar years beginning on January 1, 2010. These must then be submitted on or before June 1, 2011. new affinity programs For 2011 emissions, the report to be submitted on or before June 1, 2012 must be accompanied by a verification A number of new special member offers have been statement conducted by an accredited verification body. negotiated and added to the CA Member Savings Program, including: For more details, refer to the regulation, which can be • Discounted Brooks Brothers corporate membership found at: www.e-laws.gov.on.ca/html/regs/english/elaws_ cards; regs_090452_e.htm#BK13. • Preferred pricing at a number of hotels in the Vancouver and Victoria area, as well as the Nita Lake Lodge in Whistler, B.C. and the Cable Cove Inn in Tofino, B.C.; mEmBER BEnEFItS • A new offer with Bose for a free Wave Premium Backlit remote with the purchase of the Wave music system; members receiving calls about life • and For those looking ahead to next summer, group rate insurance prices are available at Canada's Wonderland. The Institute has learned that a number of members have Note that offers are periodically updated for programs that been telephone solicited by a salesperson(s) who implies are currently available. For more information on new and he has knowledge about the member’s Institute-sponsored existing programs, go to Member Benefits under the CA life insurance coverage. The salesperson attempts to extract tab on the Institute's website at www.icao.on.ca. Please further information in order to sell other products to the remember to have your log-in information handy. member. 10 CheckMark • Autumn 2010 FREE CA tAX CLInICS ADVISORY nEWS Thank you to the 2010 Volunteers! managing a Public Practice Survey We would like to take this opportunity to again thank all For participants of Part 2: Practice Management of the of you who participated in making the 2010 Free CA Tax national Managing a Public Practice Survey (MAPP Survey), Clinics Program such a great success. Record levels of the report will be released in November, 2010. Part 2 support were provided by volunteers and staff, and close to provided information on such areas as: types of services 11,800 returns were completed by over 1,600 volunteers! provided, areas where revenue is generated, an analysis of income, and billing practices. For the second year, instead of placing an ad in the Globe and Mail and various community papers, the Institute Part 3: Computerization, which provides information on made an additional donation in the name of the Free CA how firms are using information technology, is targeted for Tax Clinics volunteers to match the donation that we have distribution in November. traditionally made to the various community agencies involved in the program. The names of the volunteers who gave us permission to do so have been posted in the Free CA Tax Clinics section of the Serving the Public area of the Institute's website. These names are also included in this issue of CheckMark on pages 30 and 31. Thank you again! mark Your Calendar See your name here again next year December 3, 2010 Uniform Final Examination (UFE) Planning for the 2011 Free CA Tax Clinics Program has Results already started. We need your help to continue to make this program a success. Sign up today at www.icao.on.ca/ December 10, 2010 taxclinics to enjoy the very satisfying experience of helping CARE Results people in your community. January 5, 2011 If you haven’t previously volunteered Core Knowledge Examination (CKE) Please note that volunteers come from all sectors – industry, January 8, 2011 public practice, government, academe and retirees. We CA$H Competition just need three to four hours of your time to volunteer and 11 a.m. - 6 p.m. prepare tax returns for low-income Ontarians. The tax Institute Building, 69 Bloor St. East returns are not complicated, and the Institute provides Contact: Jon French, ext. 278 resources (including TaxPrep® software donated by CCH) and training. If you are a CA student, you need to meet January 14, 2011 the following criteria as pre-requisites to volunteering: Chartered for Finance Conference successful completion of a university level tax course; 10 a.m. - 6 p.m. previous experience completing personal tax returns; Fairmont Royal York Hotel registration in good standing with the Institute; and Contact: Cordie Jagt, ext. 264 attendance at a CA Tax Training session. You must also have a qualified CA accompany you at a tax clinic. January 21, 2011 CKE Results Attention CA firms February 14, 2011 - March 31, 2011 All firms, large and small, are encouraged to take part in the Free CA Tax Clinics 2011 Tax Clinics. You can be involved in a number of ways, Contact: Paula Duncan, ext. 236 including: • Sponsor a clinic in your community February 26, 2011 • Encourage your CAs and CA students to volunteer Convocation Ceremony • Issue a challenge to other CA firms Annual CA Dinner Dance Contact: Patricia Fleming, ext. 228 For more details, see the invitation to participate that was sent in the October 14, 2010 issue of e-Brief, found under Institute Tel: 416-962-1841 the CA tab at www.icao.on.ca. Toll Free: 1-800-387-0735 Website: www.icao.on.ca CheckMark • Autumn 2010 11 Are you thinking about retiring, We are a Toronto firm, one of Canada’s Top 30.* selling or merging Our 70-person team includes 30 CAs and other your practice? professionals. Talk to us: Segal LLP Check out our website at www.segalllp.com or contact Michael Daren at firstname.lastname@example.org 416 490 3453 * Canada’s Accounting Top 30, The Bottom Line, April 2010 Segal LLP Spring 2010.indd 1 09/04/10 10:25 AM Display Your Success with CA Membership Certificate Frames Proudly showcase your achievement by having your CA certificate framed in a high-quality frame, complete with an acid-free mat emblazoned with the Institute Coat of Arms. • All frames and mats are hand-made with the finest materials • Metal frames are manufactured from the highest quality Vogue Black Briarwood aluminum alloy for maximum rigidity. Anodizing gives a long-lasting finish • Wood frames are constructed from solid wood mouldings and feature the unique quick load system • Frames and mats have been customized to fit the Institute of Chartered Accountants of Ontario CA certificates. • Documents can be framed in a matter of seconds • Three popular styles to choose from: Vogue Black, Diplomat Plus Briarwood or Diplomat Plus. For more information (and an order form), visit www.icao.on.ca/CA/MemberBenefits/ CA Certificate Frame.indd 1 4/16/08 11:01:06 AM 12 CheckMark • Autumn 2010 the Partnership ‘Prenup’: Responsibly managing Dissolutions By Malcolm D'Souza, MBA, CA, and Kaitlin D’Silva orchestrating this transition period. The dissolution of a partnership brings with it a myriad Recommendation #1: The partnership agreement must of related risk management concerns, each of which require the leaving partner to keep the files that he or she is compounded by the emotions and circumstances takes for the length of the time that is consistent with the surrounding the separation. The ease with which this retention policy followed by the departed firm. This is key separation occurs depends on the preparation by involved for all parties, because the firm or the leaving partner could stakeholders at the outset of the partnership itself. Smart be liable for any important documents that are inadvertently preparation is the only means for smooth separation. Most destroyed. It is not uncommon for a claim to arise as much claim and insurance pitfalls resulting from partnership as ten years after a service is provided. It is essential that dissolutions can be avoided, so long as a firm is willing to documents are retained and made available as evidence for use diligence and foresight when drafting the partnership the service in question to assist in resolving the claim. agreement at the time the partnership is created. Insurance coverage issues In an accounting firm, partners When a two or three-person must have confidence that they partnership dissolves, either will each consistently provide the leaving partner or remaining the same quality of service. partners will typically take This is facilitated by clear carriage of ‘prior acts coverage’ documentation of standards, for their former firm. This is policies, and practices within done through the use of an a firm. The rationale for clearly endorsement to their current documented policies is policy, which will provide straightforward: failure to meet coverage for any claim for standards of the profession can services prior to separation. This lead to significant problems, is where avoidable problems including lawsuits. The same can arise, because if a claim principles should be applied falls under an innocent partner’s to the development of the policy that is carrying ‘prior partnership agreement. acts coverage’ for the former partnership, then any deductible becomes the responsibility The easiest time to determine and document the roles and of that innocent partner. responsibilities of each partner is when the partnership is created, and thereafter each time a new partner is Recommendation #2: Proper foresight when drafting the introduced. These responsibilities should include the partnership agreement will ensure that partners agree to ongoing obligations that a partner has to their former pay their own deductibles for services they have provided partner(s) and firm, and the ongoing cooperation that is that lead to a claim, regardless of whether or not they still expected between all parties. The failure to detail these work with the firm. obligations in writing can open the door to uncertainty and needless disputes amongst former partners down the road, Recommendation #3: Another option is the use of a exposing one or more of the partners to unnecessary risk, ‘discovery policy’ endorsement to cover the services liability and expense, and the possible loss of insurance provided by the former partnership. This protects both the coverage. leaving partner(s) and their former partner(s) from being negatively impacted by reported claims for incidents taking This article provides tips in a number of areas regarding place prior to separation. Ideally, the discovery policy would precautionary measures that can be taken by firms in not include a deductible so as to avoid dispute over who the development of partnership agreements to prevent is responsible for said deductible. Also this option may or mitigate the impact of problems, as well as some best have an additional cost, as it involves an extra policy being practices once the separation has taken place. purchased for prior acts. Client issues Claims and issues of cooperation One longstanding reality is that a partner(s) who leaves Dealing with a negligence claim on behalf of a client can a firm will often take his or her clients and client files become increasingly complicated when it involves services (permanent and working paper files) with them. In terms of provided by a former partner of the firm. Communication managing risk, the existing firm should take great care when and cooperation between former partners is the key to (Please see page 14) CheckMark • Autumn 2010 13 (From page 13) navigating said claims successfully. Errors and omissions pre-trials and trials. In exchange, the former partners may insurance is a ‘claims made policy’, meaning that the agree, in some cases, that the leaving partner(s) will be policy responding to the claim is the one in existence when reimbursed for their time. the claim is advanced, as opposed to the one that was in existence when service was provided. For dissolved Conflict resolution partnerships, this could prove problematic. Taking care in the formation of the agreement can serve the Recommendation #4: It is imperative that the reporting of a best interests of the partners and the firm in the event of claim or potential claim on a timely basis after dissolution conflict as well. be included as a clause in the partnership agreement, as well as any other minimum disclosure requirements. These Recommendation #6: The partnership agreement can disclosure requirements should include at least the following provide an arbitration or dispute mechanism process so that two parts: first, that the leaving partner(s) must notify their any disputes between practices are resolved privately and former firm should they become aware of written or verbal quickly – and not in a public court system. allegations against them with respect to services provided prior to separation; and second, the leaving partner(s) Legal advice should also make their former partners aware of any errors or omissions that arise in regards to services to clients of A partnership agreement is a legal contract. the firm. Adhering to these requirements also ensures that insurers can be promptly informed when a claim arises. The Recommendation #7: It is imperative that legal advice be possible repercussions of late reporting to insurers include sought and a lawyer be used to prepare the partnership a denial of coverage. agreement. During this process, individuals should get independent legal advice to ensure their interests are Recommendation #5: An accused partner who has left protected. the firm should be required to cooperate and integrate his or her efforts with the former firm to put forward the best Recommendation #8: One final word of advice - once the defence against a claim. This includes reporting the claim, terms have been finalized, the partners need to sign the being available to be interviewed by the lawyer defending agreement, and each should keep their own copy in a safe the case, and remaining available for court procedures, place. including mediations and examinations for discovery, Conclusion While handling partnership dissolutions will inevitably pose new challenges to an accounting firm, issues involving files, claims and insurance needn’t be a nightmare. A little advance preparation can go a long way. The issues discussed here are difficult to address after partners have decided to go their separate ways. Animosity and disagreement can be minimized by mapping out obligations at the beginning of the partnership – your business ‘prenup' of sorts. Connect to the best in tax and Guest contributors Malcolm D'Souza, MBA, CA and Kaitlin Shepell_fgi with AICA Services Inc. D’Silva are Ad 1_4 Version 2_Layout 1 10-11-02 3:35 PM Page 1 accounting at the new BeansTalk Career Site. ⇾ Search and apply for relevant, targeted Connect to better health and well-being jobs with employers across Canada Your CA-ASSIST Member Assistance Program A confidential counselling service offering individual and family support ⇾ Post your resume in conﬁdence and for day-to-day issues and major life challenges. receive alerts each time a job in your category is posted Call your CA-ASSIST Member Assistance Program, 24 hours a day, seven days a week: ⇾ Post jobs, search resumes and contact 1 800 387 4765 Or visit online resources at: candidates online http://www.icao.on.ca/CA/MemberAssistance/CAassist/ ⇾ Reach key professionals and ﬁrms in a conﬁdential setting, in real time www.beansTalk.ca 0983 14 CheckMark • Autumn 2010 Aligning ‘new’ CICA Further updates The PTC will provide periodic updates on the progress of Handbook with Rules of this work to the provincial institutes. In the meantime, as you implement the revised CICA Handbook standards, please Professional Conduct contact an Institute Member Advisor with any concerns or discrepancies that you note. They, in turn, will forward these concerns on to the PTC for review. The Rules of Professional Conduct (Rules) contain a number of references to the CICA Handbook. This article provides Institute Member Advisors can be reached at 416-962-1841, an update on the reviews underway at a national level, ext. 456 or toll free at 1-800-387-0735, ext. 456. which include an examination of the impact of the ‘new’ CICA Handbook on the Rules. Independence Rule Processes now in Place for Canadian CAs Preparing As you are likely aware, the CA profession, through the Public Trust Committee (PTC) and its Independence Task Force (ITF), has been reviewing the Rule of Professional Conduct on Independence (Rule 204) in order to consider whether our existing Rule can be better aligned with the u.S. tax Returns Code of Ethics of the International Ethics Standards Board The new process for registration and regulation of paid for Accountants (IESBA). preparers of U.S. tax returns – that was covered in the article Impact of IRS Tax Preparer Registration Rules on One of the early results of that review is the proposal Canadian CAs in the Summer 2010 issue of CheckMark – to introduce amendments to Rule 204 and its related is now in place. Council Interpretation (CI) to establish new partner rotation provisions for reporting issuer assurance engagements, to New regulations require all paid tax return preparers to take effect immediately. The Institute’s upcoming Special apply for a Preparer Tax Identification Number (PTIN) – even General Meeting on November 30, 2010 deals with those if they already have one – before preparing and filing any amendments. For more information, refer to the Institute's U.S. tax returns after December 31, 2010. There are also website at www.icao.on.ca. ongoing standards to be met for individuals to continue to be registered as preparers. As part of its further review of Rule 204, the ITF is examining all of the other independence provisions. It is aware that the Canadian firms need to review these regulations carefully, introduction of Canadian Auditing Standards (CAS) will have as the requirements demand not only that the signing an impact on some of the references in the Rule and the CI preparer register for a PTIN, but also certain other staff or to current CICA Handbook standards, and may also impact tax professionals involved in the preparation of U.S. tax the application of the standards. The ITF will be updating returns. references and providing further guidance where there may be overlap or gaps between the Rules and the CICA The new requirements had raised concerns for Canadian Handbook. Until that work is complete, members should be preparers of U.S. tax returns, as the registration processes guided by current practice. were initially only put in place for individuals with a U.S. Social Security Number to obtain a PTIN. For example, one area of concern that has been noted relates to annual communication of independence matters The Internal Revenue Service (IRS) has now provided on all audit engagements, whether related to reporting details of the process to follow to obtain a PTIN for paid issuers (listed entities) or not. The current requirement preparers living outside the United States who do not have a for such communications to take place for all audit U.S. social security number. engagements continues, notwithstanding that the CAS specify that such annual communication is only necessary For additional information regarding these requirements, for listed entities, and do not address annual independence refer to the article U.S. Paid Tax Return Preparer Registration communication requirements for other audit engagements. Process is Now in Place, by Jennifer S. Horner, CA, who is a Senior Manager with BDO Canada LLP. The article is posted Other Rules in the Articles section of Practice Matters in the CA Firms area of the Institute’s website at www.icao.on.ca. The balance of the Rules and related CIs also include a number of references to current CICA Handbook standards. Further information and updates can be found in the Tax The Rules Harmonization Committee, which also reports to Professionals section of the IRS website at: www.irs.gov. the PTC, is currently reviewing the balance of the Rules to address those remaining references and will recommend amendments, as necessary, in the next several months. CheckMark • Autumn 2010 15 C H A R A C T E R S meet Donald J. macKay, CA “We worked pretty hard building that back nine. I got a little more aggressive with the timing than the contractor could get, so my sons, some of their friends and I laid 22 tractor- trailer loads of sod in two weeks around all of the tees and greens. It’s part of the construction technique that is used to hold your sod bed in place when you seed your tees and green. The back nine was built in 2000 and opened in 2001.” Pardon the pun but the golf landscape had changed a great deal in Muskoka. They had gone from 10 courses in 1992 to over 30 courses in 2010 but the base population had not changed. In simple economic terms, it was a classic case of over supply and under demand. “When the BMath/CA option came up at the University of Waterloo, I applied “We’ve had to get very creative. We just can’t deal on and was accepted in 1970. Unbeknownst to me I, was part of the first-ever price – we could drive ourselves into the ground and sell class of co-operative CA initiatives in Canada.” it for a buck a round if we wanted to. But we wouldn’t get any more players. We are doing a lot of social networking – If you close your eyes for just a moment you can almost Facebook, Twitter, and e-mail are some of my staples. It’s picture it, a man with his young pup by his side, surveying tough to be creative and relevant with everything you have the Scottish countryside with a set of golf clubs strapped to say.” to his back and a determined glint in his eyes. He heads for the clubhouse very early on a cool summer morning. As Don is staying on the edge of creativity and leading an he swings open the door, with a nod of his head, Donald J. effort to bring the social networking platforms to bear on MacKay confirms he is in the highlands all right – make that marketing Muskoka as a destination. the Muskoka Highlands! Immanuel Kant once said that we can judge the heart of a “I was the CFO of The Evans Group – they built four or five man by his treatment of animals and, if that is true, then Don golf courses up here. I was with them for 10 years. And in MacKay must have the heart of a lion. the last year or so that I was there, a recession hit. I saw an opportunity to build a golf course right from a piece of land which was earmarked for a course in development. In July and August 1993, we built the first nine holes and had Muskoka Highlands operational on July 1, 1994. “You have to understand the market up here in Muskoka. There were 10 golf courses and being from the accounting end of life as I am, I did an analysis of the market. I took the participation rate and saw how they lined up with the age profiles and demographics. When I ran those two profiles through a spreadsheet, it came out that we could survive with 12 golf courses.” In 1997, Don toyed with the idea of expanding to 18 holes. He looked at it again in 1998 only to discover that from 1993 to 1998 one course a year had been opened in Muskoka. Don poses with his latest addition Angus (the little furry guy up front) at That was five new courses, added to an already competitive Muskoka Highlands. “You become very attached to them – they are a part of the family. I’ll tell you, when Angus left it was very quiet around the house field, bringing the new total to 18. Undaunted, with the without him.” backing of his financial institution, he built the remaining nine holes in 2000. 16 CheckMark • Autumn 2010 “When Joyce and I first got married, we bought a yellow Lab So what is the pay-off? we called Ramsay who was with us for 15 years. He died the year we built the golf course and we all really missed “You are invited to see your dog graduate and after the having a dog. Then we were out west at a conference and ceremony is over, you are also invited to say goodbye to went to visit some friends in Vancouver who were helping your dog. The last couple of times I’ve sat behind the dog to train guide dogs in their home. We saw what they were so he couldn’t see me (during the meet and greet). After his doing and figured we could do that – it was like rent-a-dog cape came off, I spoke to him – a 100-pound dog wheeled for 10 months at a time. Well, it was 10 years ago that we around and jumped in my lap like a puppy. It was as if signed up for our first dog Hero and we’ve had eight other nothing had changed. After 10 minutes, I realized that this is dogs since. Now we are on number nine – Angus.” not my dog – it’s that blind lady’s and she has to get going. But you smile, the tears are finished and you are really, really For Don, raising the puppies from two months to 12 months happy – there’s the dog working and being a very valued is a labour of love and a ‘give-back’ to society. The dogs he member of society. That’s something you can’t get in the has raised have represented all of the skill sets – hearing, store, can’t get in a book – that’s real life gratitude. Then you seeing and therapy. His second-last dog Scotland was go home with your own dog and start the process all over chosen to go to a nine-year-old autistic boy, as was another again.” dog, Ian. What do you think about being a Chartered Accountant? “We pick them up when they are two-months-old and they don’t even know their name – they are just trusting that “I think being a CA is a privilege. You have to work really you are going to feed and clean up after them. They learn hard to get it, I’m not disputing that. If you look at it from that everything from you and it grows into a real bond. They standpoint, it is a discipline, it is a process and you come come with a little green cape and when they have that cape out differently than you went in. on, they know they are working – they become a totally different dog. He will walk beside me and when I stop, “The CA training has taught me how to find solutions and I he sits. When I’m sitting in a meeting, he lies down and believe the profession provides great role models. The CA doesn’t bother anybody. They learn that the cape means is like being Canadian in the world of peacekeeping. And something.” above all the CA designation is so transportable.” After that much time with a dog, don’t you become Words of wisdom for those considering a CA designation? attached? “Being a CA is probably one of the best platforms in the “If you’re not attached to them, then you’re not doing your world to work from because it is as general or as specialized job. Part of the job is you want the dog to bond to you as you want to make it. I think the youth of today have to and you want to bond to the dog, because that is part of look at the CA, not as a bean counter, but as a problem the process they have to go through when they get their solver and as a cornerstone of the community.” eventual client. That dog has to be the best friend to their new client because they become their eyes or their ears He’s been Chairman of the South Muskoka Memorial or their mechanic of how to pick up a phone or get a set of Hospital Board, President of the Minor Hockey Association, keys off the floor.” President of the Bracebridge and Muskoka Lakes Rotary Club, Chairman of the Tourism Association and is shortly to If Don MacKay has the heart of a lion he has the soul of a become Chairman of the Board of the National Golf Course lamb when he talks about the eventual day of giving back Owners Association. He owns a golf course, trains guide that same pup. Just before the 12 months are up, someone dogs, is dad to three sons Andrew, Scotty and Russell, and contacts him from the Dog Guide Foundation with a two- husband of 33 years to Joyce. week time frame and allows him to pick the date and time for the return. It’s hard not to notice the slight pause in his Ach laddie, fore paws down, Donald J. MacKay is some thoughts and the crack in his voice as he describes the special kind of Scotsman! process. Cate Freeman “You almost can’t talk about it without a tear coming to your eye because you know when you walk into that room, it’s the last time you’re going to see that dog until he graduates. Are you a “CA Character” or do you know someone who is? The dog wanders around on his leash and he’s really If so, contact Cate Freeman, Manager of Communications, comfortable and then they say “Ok, you have to take his at email@example.com. leash off.” Well, that’s when the tears flow – when you say goodbye. They put a leash on him right away and take him off to another room. They walk away from you; you never walk away from your dog. They are really compassionate about it and the dog is happy to go with them. And then usually the boys show up (Don’s sons) and we all go out for dinner and remember the good times.” CheckMark • Autumn 2010 17 CA Authors Canada Tax Service Depreciable Valuing a Business in Volatile Property Guide 2010 Markets Ryan Keey, CA 2004 James L. Horvath, CA 1974 The Depreciable Property Valuing a Business in Volatile Guide contains a section-by- Markets is written and compiled section analysis, researched to enable business valuators and and prepared by tax experts, of others, whose business activities the core provisions contained touch on business valuation, to in the Income Tax Act and understand how the principles of Income Tax Regulations related business valuation are impacted to depreciable capital property. by difficult economic times. The analysis includes examples, discussions of leading cases, and references to relevant While the basic principles of business valuation do not CRA publications (many of which are included in the change, the economic environment raises new valuation Appendix of the book). issues and requires the application of valuation principles and methodologies in different manners, or in ways that are The Guide also contains easy-to-use materials, including an informed by a different economic climate. alphabetical index of the tax treatment of over 800 common types of capital properties. The Guide brings together all of The book also provides an international perspective and the relevant material related to depreciable capital property addresses new and emerging developments such as the in one place, making research easy and efficient. impact of the move from financial reporting under Canadian and U.S. GAAP to IFRS. Ryan Keey, CA, joined Carswell, a Thomson Reuters business, four years ago as a Senior Tax Writer on McCarthy James L. Horvath, CA, FCBV, ASA, MBA, is a Managing Tétrault's Canada Tax Service. He has a Masters Degree in Director with ValuQuest Limited and former Partner with Accounting with a specialization in tax from the University Deloitte LLP from 1988 to 2009. Having completed over of Waterloo, and was a member of the 2003 UFE National 3,000 valuation assignments, including the supervision of Honour Roll. Among Ryan’s other writing credits are the large, complex multidiscipline valuation engagements, he Practitioner’s Guide to Ontario Corporate Tax 2010 and the has worked in a wide variety of industries and given expert Canada Tax Service Elections Guide. testimony on valuation matters on multiple engagements. James also has extensive international experience. Chartered Accountants who prepare corporate tax returns and tax provisions (those working for firms or corporations) James has authored several other books and numerous will find the Depreciable Property Guide an important articles on valuation. Anyone interested in the book Valuing research asset. For those who are interested, the book can a Business in Volatile Markets can order it online at www. found at www.carswell.com. carswell.com. Do You Want Free Publicity? Share your knowledge on personal finance or small business. The Institute’s Articles Program distributes articles to print media across Ontario. We write the article and you get the glory! For more information, e-mail Cate Freeman, Manager, Communications at firstname.lastname@example.org 18 CheckMark • Autumn 2010 FCA Elections and ICAO Election A two-thirds majority vote of the Council is required to Awards: move to a two-Year elect a nominee. There are no overall, geographical or employment sector limits on the numbers to be elected. Cycle Must be known as a CA The Council recently established the frequency for all of the To be recognized as having brought distinction to the Institute’s various recognitions and awards as once every profession, it is very important, broadly speaking, that two years. Previously, FCA elections in Ontario were held the member was clearly identified as being a Chartered every three years, and since 2003, the various awards that Accountant in making the achievements cited. the Institute presents have been coincident with this timing. Nomination form of critical importance Recognitions and awards provide a tremendous opportunity to showcase the achievements of our members, and help To assist nominators in organizing their material, a nomination raise the profile of the profession as a whole. The Council form has been developed to list a nominee’s accomplishments determined that a two-year cycle balances the work effort in the following areas of service or achievement: and cost of the election/award process with the benefits achieved, while maintaining an adequate interval so that • Career achievements, nominators don’t become complacent about sending in • Participation in career-related professional bodies deserving nominations on a timely basis. and business development-related organizations and career-related communications, 2011 FCA Elections: • Volunteer leadership contributions to community service and personal interest organizations, and • CA profession service and contributions to the work of Call for nominations the Ontario Institute, CICA, other provincial institutes or related bodies. The FCA is the highest designation that the Institute confers. The objective of the Institute’s Fellowship elections is to The information in the nomination form is critical to the honour members who have given outstanding service to the election of a candidate, and nominations must be well profession or brought distinction to it. Following its decision documented if they are to result in a nominee’s election. to move to a two-year cycle, the Council authorized an FCA Nominators are permitted to discuss a nomination with election to be held in 2011. their nominee, to help ensure that all pertinent nomination information and documentation is obtained and included, The nominations deadline for the 2011 FCA election is but nominations must otherwise be kept confidential. Friday, February 25, 2011. The 2011 FCA recipients will Testimonial letters are not accepted – to maintain the focus be announced in July 2011 and honoured at a presentation on the nominee’s accomplishments, absent the prestige of ceremony to be held in October. nominators and others, and to limit public knowledge about unsuccessful nominations. Any member may nominate Nominators should provide full details of the nature and While only members of Council vote in the actual election, quality of the nominee’s activities, giving emphasis to every Ontario Chartered Accountant is eligible to nominate those they consider the most important. Evidence of the candidates. Nominations must be seconded by a Council nominee’s being known as a Chartered Accountant would member, an FCA or a District Association president. The include the use of the designation or the initials “CA” in names of nominators and seconders are not made known to publications involving the nominee, including newspapers, the FCA Review Committee or the Council. other print media, and the Internet. Board of directors’ listings in annual reports, calendars and event programs of FCA Review Committee university, hospital, chamber of commerce and other similar publications, are additional examples. Nominators are An FCA Review Committee, chaired by the immediate encouraged to provide copies of such documentation. past-Chair and comprised of five former Council members appointed by the Council, makes a recommendation to the There are no age restrictions in respect of nominees. Council on each nominee. Members of Council may discuss the Review Committee’s recommendation on any particular More information and nomination forms nomination with its Chair. They are not bound to follow the committee’s recommendations in balloting. The nomination form, along with a Call For Nominations article describing the process, and detailed information on FCA Nomination and Election Criteria, Guidelines and Process can be found in the CA/Member Recognition section of the Institute’s website at www.icao.on.ca. CheckMark • Autumn 2010 19 Can you spot thee? D iffer enc Contracts & Projects: - Assistant Controllers - Controllers - Cost Accountants - CFOs - Internal Auditors - IFRS initiatives - Junior up to Senior Accountants - SOX Specialists - Taxation - Treasury For the PTC experience, call: 905-660-9550 OR 1-877-303-9550 www.ptcaccounting.com Bruce Singer, Chartered Accountant CEO Look for me on: Answer: It’s not what you see, it’s what we do. There Are Answers. Daunted by the overwhelming complexity and increasing discontinuity of our times – from market meltdowns to dramatic shifts in the competitive landscape? Discovering that the usual answers, tried and true remedies and conventional wisdom of the past no longer apply? Believe it or not, there are answers for these emergent challenges and changing circumstances. And those who have these answers and critical insights will not only survive, they will prosper and grow. The Ontario Institute’s Executive Programs are unique in their commitment to enabling CA professionals to find the answers. These programs present you with the rare opportunity to step away from the pressures of work to join a group of your peers and focus on what you need to do to excel in today’s competitive business environment. Take a look at these programs – and find your answers. 2011 Executive Program Curriculum Finance Series The Controllership Program Operational Skills Management Competencies The CFO Leadership Program Operational Skills Leadership Competencies The Value-Driven CFO The CFO as Navigator Leadership Series Smart Leaders: Thinking & Innovation Skills for the 21st Century The Master Strategist The Optimal Negotiator Commanding Presence: Advanced Communication and Presentation Skills Becoming CEO (and Staying There): The Leader’s Edge For more information visit www.icao.on.ca/PDExec. Executive Programs Building Business. Building Careers. www.icao.on.ca/PDExec or call Lawrence Wong at 1 800 387-0735 ext. 343 or email@example.com Professional Development News Susan Cox, CA Director of Professional Development The 2010/11 Fall/Winter PD program is now in full swing! These changes can make it a challenge to identify which While the entire PD catalogue can be found on the Institute’s PD courses are applicable for you, given your organization PD website, a number of the offerings are highlighted in this as well as your role within it, and the type of clients you column. serve. We have developed a table of the accounting and assurance courses to help you identify which ones might be appropriate, based on five common CA profiles. Accounting and assurance courses This chart can be found online at www.icao.on.ca/ca/ PD/1016page12028.pdf. Publicly accountable entities are required to adopt the International Financial Reporting Standards (IFRS), and private enterprises have the choice to adopt the IFRS or It topics the new made-in-Canada Accounting Standards for Private Enterprises (ASPE), for fiscal periods beginning on or after The Fall/Winter PD program offers a number of new course January 1, 2011. Earlier application of either IFRS or ASPE titles, including several on IT topics: is permitted. Both the IFRS and ASPE must be applied retrospectively (with certain exemptions and exceptions), so • Advanced Internet Research Techniques for comparative financial statements for fiscal years beginning Accountants on or after January 1, 2010 must be prepared under the new • Excel-Based Dashboards standards. • Extensible Business Reporting Language (XBRL) – An Introduction With the change to IFRS and ASPE, and with two exposure • Financial Modelling – Building an LBO Model drafts out proposing new accounting standards for not- (Modelling a Company’s Capital Structure) for-profit organizations, there’s no shortage of accounting • Google Productivity Tools for Accountants topics in the 2010/11 Fall/Winter PD program. The new • Microsoft Access for Accountants Canadian Auditing Standards (CAS) are effective for the • Moving to Office 2007/2010 – A Road Map for Success audits of financial statements for periods ending on or after • PDF Forms – What Accountants Need to Know December 14, 2010, so there are plenty of new topics on • Secure Your Small Business Data the assurance side too. • Social Media for Accountants – How to Use Online Networking Tools to Boost Your Practice • Tech Tools for Preventing & Detecting Fraud (Please see page 24) CheckMark • Autumn 2010 23 (From page 23) Registered charities We have expanded the number of titles for those who deal with registered charities. The new courses are: • Charity Fundraising & Receipting Rules – A Primer for Accountants • Recent Legal Developments Affecting Registered Charities • Top Compliance Issues for Registered Charities, their Directors and CAs new online CPD log Practice Practice Keeping track of your continuing professional development (CPD) learning hours has just become easier – thanks to the Listing Service Matters new online CPD log. You can access your log by using your • Buy a CA practice • Articles & FAQs on member ID and password to log in. Courses completed • Expand an existing CA common Member and through the Institute’s PD program will automatically be practice Practice Advisory issues displayed in your CPD log, and you can add in any other • Sell your CA practice or • Online Practice Listing verifiable or non-verifiable CPD activities and print out a downsize service summary at any time. • Check out our Autumn • Marketing tips – Links Special to articles and external sources Information • Links to various external resources for CAs in More information on the Institute’s PD programs is available practice and industry at www.icao.on.ca, in the Professional Development section of the website. Web-based support is available to members at www.icao.on.ca FREE CA TAX CLINICS Touching Lives CAs Needed! Volunteer 3-4 hours of your time to help put money back in the pockets of those in need. Register on-line at www.icao.on.ca/TaxClinics, by clicking on the Volunteer Form and then logging in. Enjoy the very satisfying experience of helping people in our community. 24 CheckMark • Autumn 2010 Second term of Small In memoriam Practices Advisory The Ontario Institute has received, with regret, Committee Begins notification of the deaths of the following members since the last issue of CheckMark: The Small Practices Advisory Committee met on October 1 ADAMS, Robert Paul, Sault Ste. Marie and welcomed three new members: Stephen Lutvak from Windsor, Laura Szczepaniak from Sault St. Marie and Doug ATKINSON, Roy Edward, Orillia Bierer from Chatsworth. Former Vice-Chair Edward Fink AYEARST, James Charles, Thornhill became Committee Chair, and Frank Fazzari and Christene BALL, Kenneth Warren, Mississauga Scrimgeour were elected Vice-Chairs. BISH, Robert Paul, Kitchener BOYD, Nelson Herbert, Toronto The key items on the day’s agenda were licensing and BROAD, Robert Hilton, Burlington practice inspection. Highlights of the discussion are summarized below. BROCK, Paul Gerhard, Ottawa COOKE, Judith Alison, Oakville Public accounting licensing DUNLOP, Dorothy Jean, Toronto EDWARDS, David Kent, Harrow Committee members continue to discuss with Institute staff EPSTEIN, Lionel Ephraim, Toronto ways to assist the many small practitioners who are unable to renew their public accounting licences under the current FUNG, Bernard Siu Yu, Hong Kong legislated hour-based requirements, and highlighted the GEDIR, Earl, Markham following areas where clarification would be useful: GLICKSMAN, Morris Harold, Willowdale GRUNER, Christopher James, Oakville • Whether monitoring and related quality control services HAGUE, Ian Philip Neil, North York qualify as ‘public accounting service’ assurance experience requirements; HENDRIKX, Mark Leon, Newcastle Village • Which factors to consider in making an assessment of HOULAHAN, Joseph Paul, Brantford whether compilations or associated materials will be HOUSER, Cyril, Toronto relied upon or used by a third party; and JACKSON, Peter, Unionville • What information should be provided by those JAMES, Robert Andrew, Ancaster members without sufficient hours for renewal when LONN, Henry, Cote St. Luc, QC making an application to the Institute’s Public Accounting Licensing Board for renewal of their licence. MADILL, John Edward, Sault Ste. Marie MARCOVITZ, Chaim, Toronto Practice inspection MATTHEWS, Lloyd Allen, Etobicoke MURTON, John Stewart, Toronto Committee members met with staff from Practice Inspection OVERBAUGH, Murray Scott, Waterdown and brought a number of concerns to their attention. There was also a discussion on how best to deal with issues that QUIGG, Milton Harold, Scarborough arise as part of the practice inspection process. REYNOLDS, William Roy, Newmarket RUBY, Albert Chadwick, Kitchener Other matters RUSSELL, Glenn Alan, Landmark, MB SCOTT, James Edwin, Ottawa The Committee is considering the usefulness of an annual SCULLION, James Kenneth, Etobicoke small practitioners’ conference as an educational and networking forum for small practitioners. SIMONS, George, Toronto SMITH, Gregory Madill, Willowdale How You can Connect to the Committee SOSTARICH, Nicholas Andrew, Sudbury SYME, George Edward, Barrie As always, the Committee welcomes input and ideas TAYLOR, Edward Earl, Toronto from their fellow practitioners. Please send them to the Committee through Louis Kan at firstname.lastname@example.org or at THOMSON, Donald James, Toronto 416-969-4235. VINCE, Brenda Jane, Etobicoke WHEELER, Eldon C., Burlington Updates on the Committee’s activities can be found in the YULE, Arthur Edward Watson, Toronto Technical Services section under the CA Firms tab on the ZDZIARSKI, Edward Stanley, Leamington Institute’s website at www.icao.on.ca. CheckMark • Autumn 2010 25 ICAO Award of Distinction • Other: an open category to include personal interest activities such as sports and arts, and other distinctions. The selection criteria for the award is The ICAO Award of Distinction was established to deliberately broad in order to provide the flexibility acknowledge and profile those younger Ontario CAs needed to celebrate the diversity represented in the who have brought distinction to themselves and to their pursuits of many of our younger members. profession because of their leadership and achievement in various aspects of their personal and professional lives. Successful nominees will likely display the highest level Beginning in 2011, the ICAO Award of Distinction will be of leadership/achievement in more than one category, given every two years, coincident with the Institute’s FCA while demonstrating a notable level of success in several elections. others. Importantly, candidates should clearly be known as Chartered Accountants in making the achievements cited in The 2011 Recipients of the ICAO Award of Distinction their nomination. will be announced in July 2011 and will be honoured at a celebration evening in Toronto in October along with our As the ICAO Award of Distinction is intended to honour newly elected 2011 FCAs. younger CAs, the age of 40 years has been chosen as a cut-off. As a result, only those CAs born in 1971 or later will The nomination deadline is March 31, 2011. be eligible for consideration for the 2011 awards. Criteria Nomination The ICAO Award of Distinction is intended to recognize Every Ontario Chartered Accountant is eligible to nominate younger CAs who have demonstrated success in a broad candidates for the ICAO Award of Distinction. The names diversity of interests. Those successes will likely be visible in of nominators are not made known to the Award Review a combination of professional and personal life endeavours. Committee or the Council. Recipients of the ICAO Award of Distinction will have The ICAO Award of Distinction selection process provides demonstrated excellence in a number of areas of service for nominators to consult, confidentially, with potential and achievement, such as: nominees about being nominated for the Award. This enables potential nominees to consider whether they have • Education: contribution to CA education, teaching, achieved the criteria and would like their names to go mentoring, coaching, UFE preparation, School of forward. It also helps nominators to ensure that they have Accountancy, etc. all the information and documentation required to evidence • Promotion of the Profession: communications the contributions and activities of their nominees. The Award (speaking, writing, media), recruitment of students, etc. selection process is otherwise confidential and prohibits • Community and Profession Service and Volunteerism: testimonials. charitable community work, service to the profession and other business groups, CASAO, district Review and Election associations, tax clinics, etc. • Career Related Achievements: excellence in chartered ICAO Award of Distinction recipients will be chosen accountancy (UFE and academic achievements), following a rigorous nomination and selection process career position, other professional/ academic which culminates in a secret-ballot vote of the Council. An achievement, etc. Award Review Committee – comprised of five current and Christine E. Sinclair Community Leadership Award The Christine E. Sinclair Community Leadership Award was established to honour young CAs who have brought distinction to themselves and their profession through their voluntary community leadership. Created in honour of Institute past-Chair, the late Christine E. Sinclair, the Award will be presented every two years as part of the ICAO Award of Distinction recognition. It is fitting that this Award should bear the name of Christine E. Sinclair, FCA – a trailblazer who was the first woman to serve as Institute Chair and who dedicated so much time to both her community and profession. The Christine E. Sinclair Award will be presented to the one CA within the ICAO Award of Distinction nominees who has most distinguished him/herself through exceptional leadership in community volunteerism. As an additional honour, the Institute will donate $2,500 in the recipient’s name to a registered charity of their choice. 26 CheckMark • Autumn 2010 former Council members – will first evaluate all nominations and then make a recommendation on each nominee to 2010 - 2011 Doctoral assist Council members, who make their own independent evaluation of the nominees. A two-thirds majority vote of the Council is required to elect a nominee. Studies Support Awarded The Institute is delighted to announce There are no overall, geographical or employment sector that two CAs who are pursuing PhDs limits on the numbers to be elected. in Accounting have been awarded $15,000 each in support. More Information and Nomination Form Congratulations to the new recipient Nominations must be submitted on the prescribed of the award: Kun Huo, University Nomination Form and endorsed by one Ontario CA. More of Waterloo. In addition, continuing information and the required form can be found in the CA/ support has been awarded to: Han Li, Member Recognition section of the Institute’s website at University of Toronto. www.icao.on.ca. Kun Huo The award is for the 2010-2011 academic year, and relates to Kun’s first year and Han’s Institute’s Doctoral Studies second year of the PhD program. The Institute also provides other tangible support. For Support Program Deadline: example, several past recipients have been contracted as seminar leaders for the School of Accountancy. January 31, 2011 This opportunity not only provides them with additional financial support but also with a greater understanding of The Institute’s Doctoral Studies Support Program, which Ontario’s CA qualification process. This is sure to serve encourages CAs to pursue doctoral studies in performance them well in their full-time employment in an Ontario measurement and reporting, assurance, governance, university. strategy and risk management, finance, taxation or management decision-making, and teach in an Ontario Started in 1978, the goal of the Institute’s doctoral studies university, provides forgivable loans of up to $15,000 per support program is to increase the supply of well-qualified year, for up to three years. full-time accounting faculty in Ontario universities. This program continues to be an integral part of the ICAO This key element of the ICAO Support Program for Support Program for University Accounting Education in University Accounting Education in Ontario is now in its Ontario. To date, some 41 supported candidates have 32nd year. obtained their PhDs and 22 are teaching/or have taught in Ontario universities. To be considered, applicants must: Doctoral studies support is provided through loans forgiven • be accepted into a doctoral program and/or be in the by teaching in Ontario universities following the conferral course work stage of the doctoral program. Applicants of the doctorate degree; one year of support is forgiven for who have not yet been accepted into a doctoral each year taught. Once the teaching obligation has been program may still apply for the Doctoral Studies completed, candidates are entitled to use the appellation Support Program; however, funds will only be released ICAO Doctoral Fellow. In all, there are currently 11 ICAO upon acceptance into a doctoral program; Doctoral Fellows teaching full-time at eight different Ontario • concentrate their studies in performance measurement universities. and reporting, assurance, governance, strategy and risk management, finance, taxation or management The Institute is pleased to report that in 2010, James Moore decision-making, and demonstrate that those studies received his doctorate degree and is currently completing will prepare them for a career in teaching or research in his teaching obligation at Brock University. at least one of those areas; and • have a demonstrated ability and interest in teaching. Candidates who choose to pursue their careers elsewhere – usually in the U.S. – or who do not otherwise ‘teach out’ their For further information, contact Karen Salij at the Institute at obligations are required to repay their loans. Taking that 416-969-4238 or 1-800-387-0735, ext. 238 or e-mail ksalij@ into account, the program’s net paid/committed support icao.on.ca. amounts to $1.28 million to date. CheckMark • Autumn 2010 27 Around the Districts Nora Murrant, FCA, FCBV Through tax clinics, career information activities, sponsorships and other communications programs and contacts, the Institute’s 23 District CA Associations play an important role in projecting our profession’s local community profile. They are also the focus of local CA fellowship. Nora Murrant, FCA, FCBV, the Institute’s Executive Vice-President and COO, provides leadership for the District Associations system. Visits to the Districts DA leadership Member functions, as well as local business audience, high The presidents of the Institute District Associations for 2010- school and university events, have all been a traditional part 2011 are listed below. We congratulate them on their new of the Institute Chair’s visits to the Districts. Greg Gallant leadership responsibilities and wish them a successful year! commenced his two-year term as Chair this past June and will strive to visit each of the Districts at least once during District President Employer/Firm/Location his tenure. President and CEO Rod Barr, and other senior ICAO volunteers and staff, are augmenting Greg’s visits Central Ontario Clyde R. Catton BDO Canada LLP, Oshawa around the province to ensure that we maintain a current Cochrane Julie A. Lemieux Collins Barrow - Gagne Gagnon interaction with members, students and other CA profession Bisson Hebert, Kapuskasing stakeholders. Eastern Ontario Brent W.R. Wilson Collins Barrow SEO LLP, Kingston At this time, the following visits have been booked or taken Essex-Kent Carlos R. Redfern Deloitte., Windsor place: Etobicoke Deborah A. Schaufele Deborah A. Schaufele, CA, Toronto Georgian Bay David A. Holmes David A. Holmes, CA, Barrie October 21 Kapuskasing (Cochrane DA) Halton-Peel Gul Nawaz Nawaz Taub & Wasserman Chartered Accountants LLP, November 23 Windsor (Essex-Kent DA) Mississauga December 8 Hamilton UFE Reception Hamilton Jeffrey Cabral KPMG LLP, Hamilton Lambton Brent F. Steeves Hazlitt Steeves Harris LLP, Sarnia December 16 Ottawa UFE Lunch Niagara Bryan K.A. Boles KPMG LLP, St. Catharines January 27 North Bay North Bay Amanda C. Wallace MBA student North York Melanie E. Russell Kalex Valuations Inc., Toronto May 18 Scarborough Northwestern Joe Riccio Grant Thornton LLP, Thunder Bay Ontario Please watch for a notice from your local DA for more Ottawa Suzanne R. Gignac Office of the Comptroller General, information, and come out to meet Greg, Rod and the other Ottawa Institute representatives when they visit your community. Renfrew Kathleen A. Hoffman Dean-Sinclair Chartered Accountants, Pembroke 28 CheckMark • Autumn 2010 Sault Ste. Marie Liliana Silvano Ontario Lottery & Gaming Waterloo-Wellington Corporation, Sault Ste. Marie The Waterloo Wellington CA Association held its annual Scarborough Ann J. Galvin Stern Cohen LLP, Toronto charity Golf Day on May 27 at Rebel Creek Golf Club. The Stormont- B. Lee Mattice Welch LLP, Cornwall weather was very co-operative and the 110 golfers had an Dundas-Glengarry excellent day. Sudbury Barbara A. Dubois City of Greater Sudbury, Sudbury Thanks to all of the participants and sponsors, the Waterloo Waterloo- Flavia Nadjmico Research In Motion Limited, Wellington CA Association was able to donate $2,500 to its Wellington Waterloo supported charity, Project Read. Western Ontario Ian J. Jeffreys KPMG LLP, London Essex-Kent York Jonathan A. Tucker Tabac Tucker LLP, Richmond Hill The Essex-Kent CA Association held a joint charity golf Golfing for charity event with the Essex Law Association on June 1. The 128 golfers in attendance raised funds for the Windsor/Essex A number of DAs hold local charity golf events which County Humane Society as they enjoyed a great day at the complement the Institute’s Toronto-based CA Golf Day for Pointe West Golf Club. Children’s Charities. Below are the highlights of a few of the 2010 events. Ottawa DA Breakfast Series Hamilton For the past year, the Ottawa CA Assocation (OCAA) has been running guest speaker breakfast sessions for local The Hamilton District CA Association’s 2010 Children’s Ottawa CAs. Charity CA Golf Day was another great success. The tournament was held on June 1 at Dundas Valley Golf & On October 1, the OCAA teamed with The Business Country Club and raised an impressive $10,500 for the Development Bank of Canada (BDC) to provide over McMaster Children’s Hospital! 40 members with the opportunity to learn about recent developments in credit markets and, more importantly, how The Hamilton DA is very proud to have raised $63,500 over they have impacted the business community in the Ottawa/ the past seven years for this excellent charity, and would Eastern Ontario region. like to thank all of their sponsors and golfers who made this event possible. The event also provided members with an opportunity to learn about the BDC and how it can help CA clients. Special thanks go to the tournament’s gold sponsors, Joe Monaco and John Loukidelis, from Simpson Wigle LLP Barristers & Solicitors, for their continuing generous support! Join your local DA Membership in your local DA is completely voluntary. While your area of residence will ordinarily determine which local DA you would join, members are welcome at any DA event. CAs living in the central Toronto area are invited to become a member of any adjacent DA, particularly Etobicoke, North York, and Scarborough. To contact your local DA, check the District Association section under the CA tab at www.icao.on.ca. Seen at the Hamilton Golf Day cheque presentation are, from left: Dr. Peter Fitzgerald, President, McMaster Children’s Hospital; Robert Tartaglia and Grant Cuylle, Golf Committee members; and Jennifer Laughton, Vice President Development, McMaster Children’s Hospital & McMaster University Medical Centre. CheckMark • Autumn 2010 29 Nina Aadnesgaard - Francesco Abate - Taryn Abate - Abdirazak Abdi - Rayhaneh Abdul-Satar - Paul Abercrombie - Nalika Abeysinghe - Mohammed Abji - Sheldon Abramovitch Jonathan Aceski - Reginald Adelman - Daniel Adelstein - Adefemi Adeyinka - Rohan Advani - Forough Aghili - Arumugam Ahilesan - Kaela Aho - Qura Ain - Christopher Alexander Lauren Alexander - Narbe Alexandrian - Amy Alford - Kerry Algar - Naureen Ali - Richard Ali - Sinan Alkabie - Bruce Allan - Kate Allan - Scott Allan - Jan Allardyce - Breanne Allen Donald Allen - Emily Allen - Jessica Allen - Misty Alliett - Trevor Allin - Darlene Allworth - Hiba Alvi - Karen Anderson - James Andrews - Dan Ane - Giacomo Angelini Stefanie Angelini - Bryce Anger - Catalina Anghel - Arslan Ansari - Lindsay Antenucci - Melanie Anwhatin - Steven Aprile - Mohammed Araji - Frederick Archer - Daniel Archibald Donna Ardelean - Bruce Armstrong - Faye Armstrong - Jenn Armstrong - Bud Arnold - Christina Arnold - Brent Arsenault - Suthan Arulanantham - Angelo Ascione Sean Ashbee - Lindsey Ashby - Karen Attwood - Michelle Auger - Ian Aukema - Guillermo Aymard - Arthur Azbel - Kais Aziz - Damanjeet Bajwa - Jayne Baker - Inderpal Bal Penny Balberman William Balco - Ashley Balics - Shikha Bansal - Erika Banwell - Richard Banwell - Alexander Baptist - Boris Baranov - Eban Bari - Rod Barr - Martha Barrera Kevin Barrett - Kaitlyn Barry - Sarah Bartal - Christina Basanti - Adriene Bate - Michael Baxter - Heather Baynes - Howard Beaudette - Roxane Beaulieu - Kristine Beaupre Scott Becks - Sukhjit Bedi - Sarah Beer - Douglas Begley - Michael Belardo - Kenneth Bell - Norman Bellefontaine - Ruth Bell-Towns - Jordan Bennett - Kathleen Bennett Courtney Benvenuti - Ania Berezowski - Ian Bergin - Byron Beswick - Dinshaw Bharucha - Rishi Bhayani - Armeen Bhesania - Alicia Biamonte - Joshua Birman - John Birtwistle Laura Bishop - Wendy Biss Cassie Bissonnette - Roland Bissonnette - Ryan Bissonnette - Nathan Black - Eva Bockholt - Lorena Boda - Christopher Bodnar - Amy Bodner Gregory Boehmer - Joanna Bojankiewicz - Thomas Bolland - Tammy Bonner - Melanie Borho - Michael Bos - Elena Botos - Barry Boucher - Kavika Bourbeau - Romeo Boushey Kimberly Boutin - Greg Bowie - Mitchell Bowman - Victor Boyd - Riddhi Brahmbhatt - Navreet Braich - Katsiaryna Bratkouskaya - Jordan Bray - Louise Breton - Timothy Bridge Gordon Briggs - Matthew Brikis - Kevin Brodie - Kimberley Bromfield - Jacquie Brooks - Linda Brouillette - Shawn Brown - Marlene Brubacher - Daniel Brunet - Don Bryson Maryna Bryzytska Nicole Bucciacchio - Sheldon Buchalter - Katie Buchanan - Andrew Budd - Emma Bufton - Jason Buitenhuis - Betty Bults - David Bunce - Eric Bunn - Erin Bureaux - Mark Burnes Thomas Burton - Carol Buss - Charles Buss - William Butler - Devin Byrnes - Jovita Caballero - Frank Calabrese - Carol Calzavara - Carmen Cambareri Angela Campbell - Tara Campbell - Ronald Cannata - Marie Cannon - Huzaan Canteenwala - Amanda Cao - Shanshan Cao - Tu-Binh Cao - Xie Cao - Jason Capaldi - Leonard Cappe - Jennifer Carey - Cara Carlson - Stephanie Caron - Toby Caron - Sean Carr - Alexander Carswell - Jory Caruso - Erin Casey - Michael Castellan - Luigi Castelluzzo - David Catarino - Christina Cautillo - Ryan Cavanagh - Bryan Ceresne - Lyanne Chabot - Denis Chaine - Bruce Chambers - Charles Chambers - Kayla Champagne - Ana Chan - Diane Chan - Hon Chan - Iris Chan - Keith Chan - Kevin Chan - Mark Chan - Samson Chan - Tiffany Chan - Tommy Chan - Yvonne Chan - Elaine Chang - Gigi Chang - Paul Charette Yannick Charette - Jennifer Charlebois - Teresa Charlebois - Justin Chartrand - Puneet Chattree - Anthony Chen - Lian Chen - Min Chen - Ting Chen - Tracey Chen - Xi Chen Xiating Chen - Yan Chen - Yi-Ting Chen - Lester Cheng - Jagdip Chera - Maria Cherkasova - Jason Cherney - Michael Chesher - Arthur Cheung - Benjamin Cheung - Kar Cheung Mitchell Cheung - Nicholas Cheung - Sunny Cheung - Marlene Chiarotto - Paul Chiasson Kayla Childs - Nancy Chirico - Stephen Chisholm - Diana Chiu - Wendy Chiu - Hwa Kyung Cho Steven Chong - Bob Choo Choon Choong - Joanna Chorabik - Carey Chow - Helen Chow - Karen Chow - Warren Chow - Carmen Choy - Lang Choy - James Chuang - Cheryl Chung - Claudia Chung Karen Chung - Yonnie Chung -Valerie Chung Sik Yuen - Frank Cianchetti David Cieslowski - Raisa Ciobanu Erica Clapp - Laurie Clark - Tiffany Clark David Clarke Christine Clement - Joshua Cohen - Jordan Cole - Carol Coleman Enio Coletti - Elise Collins - Patricia Colwill Dawson Coneybeare - Rong Cong Barbara Connell - Lisa Constantine Sarosh Contractor - Colin Cook Paul Corcoran - Jacqueline Corneil Kristen Cornell - Justin Cote - April Cotton Laura Couvrette - Simon Couvrette Michael Cowan - Trevor Cowan Brian Cowell Matthew Cowin - Susan Cox - David Crack Kathleen Crawford - Rosemarie Crnac Cywinska - John Czubak - Barbara Da Silva Katherine Dagenais - Claude Daigle Thank you to all the Angela Cummings - Naomi Cutler - Monika Margaret Da Silva - Thomas Dabrowski Kelly Daley - George Dalton - Donovan D'Amboise - Ida Dametto - Drora Dan Benjamin Darkwa Okyere - Shubham Datta 2010 Free CA Tax Clinic Alessandro D'Angelo - Robert D'Angelo Richard Davies - Ruth Davis - Ryan Davison Volunteers. Faraaz Dawood - Heidi Dawson Michael Dawson - Carolyn Day - Graham Day - Patricia Day - Angelina De Luca Caterina De Luca - Perry de Man - Joanne De Medeiros - Kayla De Pauw Robin De Prophetis - Laura De Santis Valerie De Souza - Heather Deitz Diana DeJong - Robert Delaney Monique Delorme - Gary Dent Michaella DePalo - Katarzyna Deren Rene Deroy Patrick Dervin - Avni Desai - Laura Desantis - Fred Deschenes - Karine Desjardins - Alana Detenbeck - David Devere - Ryan Devereux - Alan Dewling - Mohamed Dewshi - Veerpal Dhaliwal - Shalini Dharna - Blerta Dhima - John Di Labio - Laura Di Paolo - Agata Diamontene - Stephanie Dietz - Dimitar Dimitrov - William Dines - Jennifer Dionne - Ryan Diotte - Neil Dixon - Jeremy Doan - Ivan Dolynskyj - Atkins Dondo - Jason Donn - Rob Donofrio - Adrian Donoghue - Ramon Dorillo - Arjun Doshi - Sterling Doucette - Catrina Dowie - Matthew Downey - Patricia Downie - Andrew Drake - Debbie Drapeau - Jing Du - Mike Duerden - Blair Duffy - John Duggan Karen Duggan - Linda Dulmage - Roy Dulmage - Jocelyne Dumaresq - Jennifer Duncan - Paula Duncan - Tambra Dunn - Lan Duong - Patrick Dupont - Gisele Durocher - Kevin Dyck - Dianne Dyer Bartosz Dziarski - Mark Eamer - Jennifer Eberman - Zamreen Ebrahim - Adam Eckert - Ian Edmonds - Omar Ehtesham - Jordan Elias - Brandy Elliot - James Elliott - Robert Elliott Michael Elsof - Ingrid Enhagen - Daniel Epp - Elyse Epstein - Arnold Esaagoolian - Jamie Evans - Leanne Evans - Rita Evdokimova - Amanda Ewing - Huma Faheem - Sina Faiz Hugh Faloon - Siming Fan - Justin Farbstein - Chris Fardell - Carrie Farr - Christina Faust - Lara Favas - Julianne Favron - Adrian Feigelsohn - Jing Feng - Sherry Feng - Melissa Fenton - Jessica Ferrari - Celeste Ferreira - Sviatoslav Feshchenko - Raffaele Fiala - Ian Fiebig - Shannon Field - Kristine Finch - Geoffrey Fisher - Ian Fisher - Michelle Fisher Ashleigh Fitzgibbon - Kim Flanagan - Jason Fleming - Matthew Flood - Allan Fong - Janet Fong - Michael Fong - Daniel Fontaine - Penny Forbes - David Forestell - Thomas Forestell - Katharine Forth - Melissa Foucault - Andrew Fougere - Simon Francis - Andrea Franco - Bernadette Franjieh - Ashley Frank - Kathleen Fraser - Kenneth Fraser - Marie Fraser - Michael Freckleton - Michael Freel - Samara Freitas - Neil Friedman - Lenore Friesen - John Froese - Janice Fry - Yidan Fu - Shannon Funchion - Florence Fung Lawrence Fung - Patrick Fung - Alain Gagnier - Matthew Gagnon - Robert Gagnon - Jason Gaiotto - Lily Galati - Kathleen Galbraith - Lincoln Galbraith - Pedro Galego - Michael Galloro - Jacqueline Garneau - Kimberly Gatenby - Kenneth Gayle - William Genga - Donna Genova - Alexander Georgievski - Donald Gerrior - Thomas Getliffe Muhammad Ghanchi - Humayun Ghani - Cindy Gibbings - John Gibson - Lesia Gilbert - Laura Gilchrist - Candace Gillard - Aaron Gillespie - Ryan Gilmour - Elizabeth Gimbra - Thomas Gingras Irina Ginzburg - Nicholas Giovanelli - Charanjit Girn - Stacy Glenn - Karen Glover - Marina Gobran - Michelle Godin - Ronald Godkin - Daniel Goldberg - Leonard Goldberg - Eric Goldberger - Jamie Golombek - Juan Gong - Mariana Gonzalez - Jay Goodis - Alan Goodman - Robert Gore - Jason Gorel - Juli-Ann Gorgi - Dominic Goss - Ronald Gould - Betty Gowdy - Krzysztof Grabka - Amanda Graham-Rowe - Anne-Marie Granger - J. Alain Gravelle - Emily Gray - David Grebenc - Tracy Greenfield - Kulveer Grewal - Kate Grund James Grundy - Caroline Gu - Allessandro Guarna - Andrea Guenther - Feng Guo - Jessica Guo - Victor Gustavison - Stanley Guttman - David Gvora - Jiwon Ha - Manhhung Ha John Haalboom - Torben Haarbye - Stephanie Habjan - Sarah Hadley - Pat Haefling - Arfe Hafi - Jonathan Haig - Bartlomiej Halasa - Jessica Haley - Ruth Hall - Lori Halliday Jonathan Halpern - Tyler Haluczak - Waqas Hameed - Timothy Hamelin - James Hamilton - Krista Han - Brooke Hancock - Lina Handoko - Omar Hanif Maurice Hanley - Marseel Hanna - Melissa Hannon - Derek Hansis - Charnkamal Hansra - Naheed Haqanee - Peter Harcoff - Mark Harendorf - Sachit Harish - Sarah Harris - Tiffany Harris - John Harty - Ann Harvey Hope - Nasir Hasan - Umar Hasan - Zubair Hasan - Sam Hassaan - Jack Hasserjian - Andrew Hauraney - Jolanta Hausner - Charles Havill - Anton Havorka - Brian Hawthornthwaite - Janet Hayes - Xiaolei He - Anne Healy - Michael Heiland - Daryl Heinsohn - Benita Hemm - Bruce Hemming - Innogen Henderson - Robert Henderson - Ian Hendry - Martin Hengeveld - Mitchell Hermansen - Suhasha Hewagama - Rachel Hewitt - James Higgs - Jessica Hill - Thomas Hill - John Hillerby - Bruce Hilliard Ian Hillis - Tanya Hill-Lariviere - Christopher Hinman - Eric Hinse - Chun Sun Ho - Donna Ho - Martin Ho - Patrick Ho - Pui Sang Ho - Giao Hoang - Peter Hobb - Matthew Hodge - John Hodgin David Hoffman - Steven Hogg - Paul Holden - Christy Holland - Gerald Holowachuk - Grace Hon - Ellen Hood - Melika Hope - Jennifer Horner - JunJun Hou - Jeffrey Howald Mark Hrabok - Cherie-Lynn Hruska - John Hrymak - Lawrence Hsieh - Jennifer Hsiung - Katherine Hsu - Adabel Hua - Ngoc Hua - Evan Huang - Luke Hudson - Rebecca Hudson Jessica Huffman - Arthur Hughes - Nathalie Hull - Valerie Hull - Jessica Hum - Donald Hunter - Matthew Hurst - Ahmad Husain - Baqer Hussaen - Armeen Hussain - Beverley Hutner - Katrina Hutton - Paul Huyer - Kathy Huynh - Ken Huynh - Tri Huynh - Shavon Hyatt - Karen Ilkanic - Richard Ingber - Iain Inglis - Khalid Iqbal - Mehar Irani - Sheroy Irani William Irwin - Vazken Izakel - Leena-Kai Jaanimagi - Hiliary Jacko - Sheila Jacobs - Karen Jacobson - Anil Jain - John Jakolev - Muddaththir Jamal - Richard James - Kristen Janke - Courtney Jardine - Michele Jarvis - Trevor Jaundoo - Christina Jazvac - Mark Jefferson - Andrew Jeffery - Robert Jenkins - Adam Jerusalim - Frank Jessop - Jennifer Jessop - Lu Jiang - Edwin Jin - Sheng Jing - Jonathan Joffe - Adam Johnson - Claire Johnson - Lesley Johnson - Lisa Johnson - Terry Johnston - Derek Johnstone - Denise Jones James Jones - Mike Joosten - Jennelyn Jorda - Melissa Joynt - Simon Jung - Viyaleta Kachan - Charmeen Kadir - Nora Kaethler - Mustafa Kagalwala Joanna Kalin - Paul Kalvaitis Louis Kan - Kang Kang - Simon Kantor - Marius Kapedani - Dimitrios Karabatsos - Ivana Karac - Aleksandar Karamarkovic - Hemant Karamchandani - Helen Kareclas Samayan Karim - Sina Karimzad - Georgios Karteros - Miky Kats - Elaha Kawa - Brian Keen - Grant Kehrli - Helena Keirstead - Christine Kelly - Michelle Kelly - Shawn Kelman Michael Kelso - David Kennedy - Thomas Kerwin - Tom Kessler - Paul Keul - Nada Khan - Saleema Khan - Salman Khan - Rajveer Kharaud - Shukhrat Khomidov - Suman Khurana Bhardwaj - Dongwook Kim - Edward Kim - Jang Kim - Jessica Kim - Kwang Kim - Daphne King - William King - Jacob Kingma - Jason Kinnear - Maegan Kipfer - Dennis Klander Ioulia Kliachtornaia - Bradley Knauff - Michael Ko - Ronald Koehli - Derek Koening - Nicole Kogler - Sin Ying Kok - Jonathan Kooiman - Gitte Koopmans - Brent Koritko Stephan Koscher - Erik Koudstaal - Tunde Kovacs - Reginald Kowalchuk - Wilma Kowalczyk - Alisha Kowalski - Mark Kowalski - Meredith Krangle - Monique Krempig - Martin Kretzschmann - Jenna Krishnan - Joseph Krizmanic - Miles Krochmalnek - Henry Kroeker - Kyle Kroeker - Karmen Krueger - Andrew Krupowicz - Ha Young Ku - Sandra Kuepfer Jay Kukreja - Sean Kulik - Rahki Kumar - Anil Kumra - Michal Kuratczyk - Jaclyn Kwan - Samuel Kwok - Alexander Kwong - Kathryn Kyle - Steven Labrecque - Jessica Lacey Geremie Lacroix - Damian Laflamme - Amie Lafrance - Alex Lai - Fontaine Lai - Joanne Lai - Katrina Lake - Ana Lakovic - Shahnaz Lallani - Christine Lalonde - Ginny Lam - Peter Lam - Patrick Lam Po Yuen - Derek Lamb - Kevin Lambert - Sylvain Lamontagne - Sheryl Lynn Lane - Thomas Lanoue - Celine Lanthier-Chayer - Christopher Lapointe - Joshua Laporte - Mike Laramee - Kyle Larkman - Philippe Larocque - Albert Lau - Ngok Lau - John Laurie - Colleen Lauzon - Jocelyne Lavoie - Janey Law - Mandy Law - Arthur Lawrence - Kevin Lawrence - Stuart Lawton - Christopher Lazarz - Jeffrey LeBlanc - Dominique Lecocq - Christophe Leduc - Alex Lee - Caitlin Lee - Dana Lee - Harold Lee - Julie Lee - Kan Lee - Kent Lee - Sung Lee - Vinki Lee - Christie Leeder - Andrew Lees - Claude Lefebvre - Han Lei - Marc Lelievre - Peter Lennox - Robert Leombruno - Jaime Lerman Carman Leung - Edric Leung - Fiona Leung - Howard Leung - Judy Leung - Jeffrey Levy - David Lewis - Jeffrey Lewis - Tyler Lewis - Christopher Li - Jenny Li - Na Li - Rachel Li Zhuofan Li - Alexander Liang - Yuwei Liang - Robyn Libin - Li Yen Lim - Justin Limpright - Bonita Lin - Choy Men Lin - Choy Ying Lin - Dan Lin - David Lin - Mee Fung Lin - Russ Lindsay - Mark Lister - Kaitlin Litke - Angel Liu - Lucy Liu - Xingyu Liu - Yang Liu - Yayi Liu - Joyanne Lizotte - Anna Ljulj - Dennis Logan - Elizabeth Logic - Katarina Loncar Sandra Long - Michael Lopez - Giuseppe Lopresti - Maria Loschiavo - Jia Lou - Leo Lou - Paul Loughran - Henry Louis - Philip Love - Sharon Lovett - Jesse Lowe - Ruonan Lu Timothy Luey - Lesley Luk - Christopher Lukas - Cherie Lun - Xiaorong Luo - Heather Ly - Linda Ly - Mi Ly - Emma Lyndon - Gary Ma - Jennifer Ma - Loretta Ma - Marion Ma Stephen Ma - Katherine Macarthur - Malcolm Macaulay - Georgette MacDonald - Johanna MacDonald - Malcolm Macdonald - Rita MacDonald - Aleksandra Macevic - Christopher Mackay - Barb MacMillan - Heather MacPherson - Amy Macri - Christina Madolciu - Joanne Magee - Gurdeep Mahay - Suresh Maheshwari - Tara Mahon - Stephanie Mahoney Kenneth Maiden - Kevin Maier - Rahul Maingi - Lindsay Mains - Daniel Maksymchak - Hira Malik - Kashif Malik - Eric Mallory - Kevin Malott - Gular Mammadova - Jasbir Mandla Lauriana Mandody - Yeshi Mane - James Mangubat - Jagdeep Mann - Leslie Manzano - Roman Marants - Lori Marcotte - Steven Mariani - Massimo Marinelli - Leslie Markow Tracy Marshall - Christopher Marta - Arlene Martin - Timothy Martin - Cheryl Martin-Gray - Melissa Marvyn - Emanuel Mascoll - Michael Massoud - Mary-Jane Mastrandrea Justin Mastrangelo - Tarunjeet Matharoo - Donna Mathies - Radhika Mathur - Pauline Matienzo - Michael Matthew - Heather Matthies - Lee Mattice - Whitney Mayfield Lisa Mayhew - Christina Mazzoccoli - James McAloney - Chad McCleave - Susan McCloy - Kathleen McColskey - Matthew McCormick - Melanie McCullagh - Scott McCullough William McDermott - Ian McDonnell - Melissa McDonnell - Daniel McEathron - Thomas McElroy - Christopher McFetridge - Heather McGeorge - Janna McGill - Sarah McGinty Carol McGran - Kathleen McGrath - Patricia McGrath - Nicholas McInnis - Iain McIntosh - Candace McIver - Matthew McKeever - Donald McKinnon Jeffrey McLean - Marissa McLean - Heidi McLeod - Takuma McNie - Catherine McPhee - Michael McRae - David McWhirter - Stephen Meade - Jason Medeiros - Ahmed Meer Rohan Menon - Jessica-Lea Mercer - Mufazzal Merchant - Nicholas Merkley - Brett Merriman - Kelsey Meyers - Mayer Michalowicz - Andrew Mifsud - Karl Mikelsons - David Millette Robert Millman - Jacob Milosek - Daniel Minnesma - Laura Mirabella - Denise Miron - Megan Mistry - Erin Mitchell - Jamie Mitchell - Julie Mitchell - Krystal Mitrow - Olga Mitsuk Sally Mitzel - Christopher Mlinaric - Steven Mlotek - Hong Mo - Rajiv Modi - Lloyd Mogul - Volodymyr Moisyeykin - Judy Mok - Melanie Mol - William Molson - Joanne Monette Erica Mongiat - Linda Montpetit - Aparna Mookerjea - Kishan Mooljee - Judith Moore - Ron Moore - William Moore - Rehana Moosa - Ahmed Moostafa - Alenna Morresi Kathleen Morrin - Graeme Morrissey - Christine Morrow - Eldon Moses - Lorne Motton - Michael Moyer - Jacqueline Mulligan - Ronald Mulligan - Uzair Mumtaz - Ian Murphy Nora Murrant - Edward Nagel - Sooyeoung Nahm - Alan Naiman - Deepa Narula - Firas Nasser - Nancy Nassif - Matthew Nault - Melvyn Need - Edward Nehme Jeffrey Neill - Timothy Nelles - Rick Nero - Victoria Nesbitt - Gregory New - Kristen Newell - Edward Ng - Essence Ng - Valerie Ng Cheong Tin - William Nghiem - Christy Ngo Viet Nguyen - Loredana Nicolescu - Tracy Nikolasevic - Tony Nikolovski - Nitty Nirthanarajah - Ji-Yong Noh - Andrei Nye - David Nyklicek - Michael Oakes - Kristine Obritsch Amy O'Connor - Jeffrey Oestreicher - Roy Ohm - Douglas O'Keefe - Shawn Oldridge - April O'Neill - Ryan O'Neill - Mitchell Ornstein - Benjamin Osher - Jorge Ospina - Ryan O'Sullivan - Jo-Anne Oswald - Kumiko Ota - Joanne Otterspoor - Brittany Owens - Tyler Packham - Michael Pajek - Daniel Palmateer - Diane Pang - Hui Ting Pang - Tom Pang Irene Papadopoulos - Oxana Papanova - Steven Parisi - Philip Parkinson - Wendy Paroyan - Jill Parsonage - Blain Parsons - Rajit Paruchuri - Amish Patel - Dipesh Patel - Maliha Patel - Nikhil Patel Rakesh Patel - Ritesh Patel - Antonietta Pavia - Boris Pavlin - Will your name be here in 2011? Suraj Patel - Denham Patterson Harsimran Pawar - Konrad Pawlak Diane Paxton - Stephanie Payetta Marie Josee Payette - Victor Pazos Maureen Peacock - Allison Peacocke - Heather Pearce Melissa Peavoy - Melanie Peckham - Thomas Peckham - Ashley Marie Pelletier - Katerina Pencheva - Lezhi Peng - Sandie Perone - Sophia Perrelli - Jordan Perri - Scott Pettipiere Domenica Pezzente - Bradley Philip - Leonard Phillips - Michael Piccolo - Christopher Piel - Christopher Pierce - Eva Pietrucha - Bartosz Pietrusiewicz - Sean Pilgrim Robin Pilkey Marc Pilon - Ken Pinder - Marina Pineda - Michael Pinnock - Thomas Pippy - Claudio Piron - Richard Piticco - Jawed Piyarali - Monica Pizon - Carole Plourde - Joel Podbere Andrew Poechman - Sabrina Polletti - Jamie Pollock - Mike Pook - Sarah Poole - Katy Poon - Matthew Poon - Paul Poon - Tomasz Popiel - Petya Popova - Randolph Post Darren Potter - Elyse Power - Lauren Pratile - Robert Preisz - Lisa Price - Diana Provenzano - Christina Psotka - Amit Puri - Ferooz Qader - Hani Qadri - Hamid Qaheri - Stacey Quesnel Sarwar Qureshi - Tatiana Rabinovitch - Troy Rachkowski - Bryan Radeczy - Kalina Radenkova - Barb Radford - Donald Radley - Monique Raheb - Kuljit Rai - Melissa Rajaram - Nithiya Rajendran - Priti Rajwani - Ed Ramsay - Martin Rancourt - Anshul Rao - Lorne Rapkin - Vincent Raso - Matthew Raynier - Norman Read - Scott Redden Michael Paul Reinsoo - Adam Reiterowski - Craig Reith - Henry Remiz - Marc Renaud - Carmelia Restivo - Mandeep Riar - Lisa Ricci - Girolamo Riccio - Ann Richards - Daniel Richardson - Robert Ripley - Jennifer Ritchie - Anthony Rizzo - Paul Roberts - Andrea Robey - Peter Robic - Brent Robinson - Jason Robinson - Katie Robinson - Trent Robinson Rosina Rocca - Alberto Rocha - Larissa Rocher - Charles Roden - Alain Rodrigue - Joshua Rodrigues - Carlo Rodriguez - Dianne Romano - Scott Rosborough - David Rose Michael Roseman Claudia Rosianu - Vadim Rosohatski - Shawn Roussy - Meghan Roy - Lindsay Royston - Trina Rubino - Elan Rubinski - Michael Rudanycz - Joel Rumney Valerie Rusk - Mary Russo - Anna Ruta - Kimberley Rutherford - Jeremy Rutke - David Ryde - Yelena Sahakyan - Ana Sainz - Nida Sajid - Karen Salij - Jody Salomon Henry Salomons - Matthew Sanders - Karndeep Sandhu - Ryan Sanger - Renee Santerre - David Sapira - Ali Saqib - Emma Sarkisyan - Razik Sarsam - Angie Savard - Michael Saxe - John Scali Antonio Scandinavo - Andrea Schaefer - Samuel Schaffran - Matthew Schappert - Aaron Schechter - Maureen Schenck - John Schmidt - William Schmidt Jean Schnob - Albert Schoeley - Carol Schoeps - Mark Schonewille - Julian Schonfeldt - Lauren Schreiber - Lucas Schubert - Karl Schuett - Marcus Sconci - Chris Scotland Clayton Scott - Michael Scott - Suzanne Scott - Linda Scott Campbell - Alison Scratch - Scott Seaman - Gordon Sedgwick - David Seguin - Varun Sehgal - Ralph Selby Leora Selesnick - Benveen Selvanayakam - Suchorita Sen - Evita Sendsen - Mark Seneviratne - Junyoung Seo - Brent Serson - Amit Seth - John Severin - Todd Shaddick Archana Shah - Reena Shah - Aisha Shahab - Zeeshan Shahid - Salim Shajani - Christopher Shalhoub - Andrew Shannon - Adeeb Sharif - Brij Sharma - Abdul Sheik - Khlood Sheikh - Lisa Shelton Jing Shen - Matin Sherdel - Moshin Sheri - Garrick Sherman - Amar Sheth - Vincent Shiao - Kang Cha Shim - Christopher Shiu Vong Sien - Dhruv Shukla Kimberly Shum - Evgenia Shvetsova - Jerome Silverberg - Megan Sim - Michele Simmons - Jeffrey Simonetti - Mirjana Simonovski - Chelsea Simpson - Cheryl Sinclair - Roderick Sinclair - Stephanie Sinclair - Onkar Singh - Ryan Singh - Daniel Sinopoli - Colin Sirr - Garry Siu - Kimberly Siu - Siva Sivanathian - Anthony Siybauco - Andrew Skujins - Alanna Sleep - Stephanie Sloan - Bradley Smith - Eric Smith - George Smith - Gerry Smith - Ian Smith - Joshua Smith - Ronald Smith - Steven Smith - Tristan Smith - Trudy Snooks Delores Socha - Jennifer Soetemans - Calvin Soni - Eisha Sood - Scott Sorenson - Patrick Sparks - Brenda Spence - Courtney Spencer - Stewart Spiers - Christopher Spina Barbara Spratley - James Spray - Archana Srijeyanathan - Craig St. Germain - Megan St. Jacques - Michelle St. Martin - Nicole St. Pierre - Gem St.Omer - Alan Stackle Natalia Stefou - Devin Stem - Andriy Stepanyants - Christopher Stephan - George Stephenson - Christopher Stevens - Kevin Stienstra - Paul Stinchcombe - Hristina Stojanovska Jay Storeshaw - Christine Storoschuk - Keely Storr - Andrea Stupino - Alyssa Stuppiello - Darren Sullivan - Mujgan Sultani - Houhua Sun - Wendy Sun - Cathy Sutherland Darren Sutherland - Ronald Sutherland - Kari Swarbrick - Matthew Swindley - Hina Syeda - Bryan Sykes - Reena Szeto - Simon Szeto - Isabella Szuta - Terece Tai - Alvin Tam Erica Tam - Jade Tam - Karen Tam - Mandy Tam - Tuck Loong Tam - Bonnie Tan - Amanda Tang - Henry Tang - John Tang - Antoinette Tari - Raffaele Tassone - Brian Taylor Christopher Taylor - Lori Taylor - Patrick Taylor - Nicole Teichgraf - Shamsuddin Tejani - Deborah Teplinsky - Carey Tepperman - Jack Tepperman - Michelle Tessier - Mona Tessier Lee Tessmer - Sophia Thai - Mayuran Tharmabalan - Jocelyne Thibault - Patrick Thibert - Prabjot Thind - Kevin Thomas - Korah Thomas - Peter Thomas - William Thomas Bruce Thompson - Josephine Thong - Michelle Thornton - Kevin Tippett - Malithi Tissera - Lawrence Tjan - Nicholas To - Alison Todd - Anthony Tomacic - Eric Tomlinson Sophia Tomory - Robert Tonin - Oscar Torres Caro - Francois Toulouse - Jane Tran - Andrea Treier - Mark Trenholm - Renzo Trinca - Judy Trinh - Deborah Tropea - David Truong Katarzyna Trzaski - Jesua Tsai - Wai Tsai - Gloria Tsang - Michael Tsao - Ka-Hee Tsui - Timothy Tsung - Jonathan Tucker - Christopher Tuckett - Ryan Tummon - Mathew Tung Charlotte Tunikaitis - Susan Tunstall - Ling Tuo - Brittany Turley - David Turnbull - Brian Turner - Derek Turner - Ross Turner - John Tutecky - Christine Tworo - Daniel Tworzewski Louise Tymocko - Yuriy Tyshchuk - Jason Ubeika - Albert Ullrich - Rhonda Umbach - Senthooran Uruthiralingam - Simon Utkala - Krish Vadivale - Samir Vahora Pierre Vaillancourt - Lydia Vale - Melissa Van Alstine - Jeffrey Van Kessel - Alicia Vance - Maureen Vance - Sarah Vanderburg - Mark Varma - Kevin Veenstra - Jonathan Veldstra Jayashree Venkatesh - Lisa Ventola - Matthew Ventresca - Julie Vespi - Paul Vet - Paul Vettoretti - Daniela Videla - Nicole Vieira - Shelley Vinayak - Kishan Vipul - Jordan Vogel John Vogiatjis - Diana Vona - John Voorpostel - Alan Vosburg - Zoran Vranjkovic - Brendan Vu - Ainslie Waghorn - Angie Wai - Paul Walcott - Harvey Walden - Tom Wallace Caryn Walt - Christine Walter - Michael Walters - Katherine Wan - Yulena Wan - Bei Wang - Cecilia Wang - Han Wang - Lin Wang - Xiaoshu Wang - Chen Wanjun - Jennifer Ward Jeffery Warford - Mohamed Warmahaye - Daniel Warren - Stephen Warren - Sarah Warrington - Kerry Washer - Jillian Watson - Timothy Watson - Zachary Waxman Nicholas Weber - Julie Weddel - Tyler Wegman - Gail Weiler - Mark Weiman - Jin Wen - Victorio Wen Shea - Ian Weng - Derek West - Dianne White - Paul White - Sam Whittaker Martin Wickins - Alexander Wiens - Ashley Wilcox - Steven Wilkinson - Heather Willems - Michelle Williams - Bradley Williamson - Diane Williamson - Daniel Willmann Cindy Wilson - Kody Wilson - Laura Wilson - Ryan Wilson - Justin Winchiu - Douglas Winter - Michael Winter - John Wipprecht - Jay Wismer - Christopher Witzel Amanda Wolfs - John Wonfor - Anthony Wong - Benita Wong - Carmen Wong - Jenny Wong - Kenneth Wong - Lawrence Wong - Samuel Wong - Vivian Wong - Simon Worgan Ewa Wozniak - Christina Wright - Gregory Wright - Heather Wright - Katrina Wright - Richard Wright - Christina Wu - Yiping Wu - Thomas Wylie - Kelly Wyner - Jessica Wyse Yuan Xi - William Xiang - Timothy Yamashiro - Janet Yan - Dannese Yang - Qida Yang - Vianna Yau - Janice Yee - Stephanie Yee - Caroline Yeo - Peter Yeung - Rosemarie Yeung Vincent Yeung - Dong Yi - Mandy Yiu - Gang Min Yoo - Yvonne You - Hae Jin Yu - Jonathan Yu - Samantha Yu - Yang Yu - Christina Yuen - Karen Yuen - Rhoda Yuen - Cecilia Yung Oleksandra Zabroda - Andre Zaher - Bassem Zahili - Melissa Zambri - Diana Zampini - Peter Zanick - Diane Zantingh - Katherine Zanutto - Amanda Zeffiro - Anne Zhang Henry Zhang - Wei Zhang - Ying Ping Zhang - Jerry Zhao - Anni Zhu - Bei Zhu - Marta Zientarski - Emily Zoula - Andrew Zucker - David Zwambag Career Information News Mona Ghiami, CA Director of Career Information Enhancements to Rule the World student new conference: Chartered for Finance recruitment campaign On January 14, 2011, the Career Information team will hold a new conference called Chartered for Finance. The Over the summer, the Institute’s Rule the World student conference, which is being held at the Royal York Hotel in recruitment website was updated and given a brand new Toronto, targets students who are unsure if they want to work look. Check it out at: www.guidetorulingtheworld.ca. The in accounting or finance. Practical Guide to Ruling the World booklet, which is used at all high school and university events, was also redone. Chartered Accountants working in the world of finance will It includes new CA profiles from Nike, Royal Bank of be in attendance to help educate students, and explain why Canada, Tim Hortons and investigative forensic accounting they became CAs before entering their current fields. The firm Wintrip Wolkoff Shin Inc. Another new aspect of the day will consist of roundtable discussions, workshops and campaign is the use of Quick Response (QR) codes. Smart- networking sessions. The keynote speaker will be Loren phone users can download a program that allows them to Francis, CA, MBA, who is the Vice President of the Private scan codes and automatically be taken directly to a given Client Group at Barometer Capital Management Inc. website. Thank you to all of the CAs and CA Students who are part of our campaign! Approximately 120 university students from across Ontario will be selected to attend. Interested students should apply CAs online by December 3, 2010 at: www.guidetorulingtheworld. ARE THE ca/CharteredForFinance. PLAYMAKERS OF THE Associate Students can Rule the tube BUSINESS WORLD High school or university students who are part of the Institute’s Associate Student Program can demonstrate why they think being a CA rocks by creating a YouTube video. It’s all part of the new Rule the Tube – the CA Video Competition. This year’s student Official competition rules and a sample YouTube video can recruitment campaign includes several posters, be found at: www.guidetorulingtheworld.ca/RuleTheTube. including this one featuring The entry deadline was November 7, 2010. Finalists have “WE’RE ALL BRANDED. AND IF YOU WANT TO BE BRANDED PROFESSIONALLY, THAT’S WHAT THE CA DOES FOR YOU.” Ian Clarke, CA, EVP and been chosen and the voting period goes until November 26, CFO, Business Development IAN CLARKE EVP and CFO, Business Development 2010. To check out the finalists and vote for your favourite at Maple Leaf Sports & Maple Leaf Sports & Entertainment Ltd. GET THE FULL STORY AT: www.guidetorulingtheworld.ca WHAT’S THIS CRAZY LOOKING BLACK BOX ? It’s called a QR Code and it tells your Smartphone what web page to visit. You can download a QR Code reader for free at sites like neoreader.com or scanlife.com Entertainment Ltd. video, go to: www.guidetorulingtheworld.ca/RuleTheTube. 32 CheckMark • Autumn 2010 ICAO Board of Associates help plan University Associate Students as well as to a small group who have already completed some of their qualifying Institute’s campus strategy experience. On August 30, 40 of the brightest and best students from across the province arrived at the Institute for the second Looking to hire? Visit the Resumé Portal meeting of the 2010-11 ICAO Board of Associates (BoA). to view CA Student & university Associate The BoA is made up of pre-selected university students from 22 campuses across Ontario, who act in an advisory Student resumés and advocacy capacity for the CA profession. The Resumé Portal was created to help connect our CA Members of the Board of Associates are responsible for Training Offices (CATOs) with CA Students and University publicizing and participating in CA-related events on Associate Students who are interested in employment. campus and promoting the Institute’s Associate Student Program. At the day-long meeting, staff from the Learning We expect this portal to be particularly helpful for the small Stream discussed the campus strategy for the upcoming and medium size CATOs in their student recruitment efforts. year and updated participants on the profession’s CA The CATOs will be able to connect with students from all Training Offices. In turn, the BoA offered tremendous insight regions in Ontario, as the Resumé Portal is designed to into what motivates today’s university students and what search for CA students by the candidate’s preferred location particularly attracts them to the CA profession. of employment. All resumés can be accessed through the secure area of the An easy way for CA training Offices to fill CA Firms page on the Institute’s website at student positions https://ebusiness.icao.on.ca/firm/. If you are a CA Training Office looking to fill a position that For more information on CA Student Job Postings or the will count towards the CA Student practical experience Resumé Portal, please contact Rizelle de Ocampo, Career requirement, why not post your job description on the Information Coordinator, by telephone at 416-969-4203 Institute’s CA Student Job Postings website? This free or toll free at 1-800-387-0735, ext. 203 or by e-mail at service will advertise your job opportunity to over 1,000 email@example.com. Good luck with your search! » INNOVATIVE » CONNECTED » COLLABORATIVE » EXPERT FACULTY » DOWNTOWN TORONTO CLASSROOM accelerate your tax career Become a highly-valued member of the Canadian tax community. Join Canada’s most comprehensive english-speaking program for the development of tax professionals. learn » develop » experience…the MTax advantage www.mtax.ca/chmk SCHOOL OF ACCOUNTING AND FINANCE » UNIVERSITY OF WATERLOO » MASTER OF TAXATION CheckMark • Autumn 2010 33 the Pinnacle of Our Profession Over several issues, CheckMark is profiling each of to human vaccines. A CA since 1981, Mark was named Ontario’s newest FCAs, elected in 2009. We salute these a Chevalier de l’Ordre National de Merite (a Knight of the members for their outstanding career achievements National Order of Merit) in 2007 by the French government and leadership contributions to the community and the for his work promoting biotechnology co-operation between profession. Canada and France. In 2002, he received The Queen Elizabeth II Golden Jubilee Medal awarded to Canadians who have helped shape Canada and set the path for a Denis R.J. Lemieux, FCA better country in the future. A CA since 1977, Denis Lemieux recently retired from the position of Managing Partner for Ernst & Young LLP in John B. MacIntyre, FCA Southwestern Ontario and Vice-Chairman of Ernst & Young Orenda Corporate Finance, one of the leading merger and As a founder and Managing Partner of Birch Hill Equity acquisitions practices in Canada. Throughout his career, he Partners Management Inc., John MacIntyre co-leads one has contributed his time to many causes in his community, of Canada’s top private equity firms with $1.7 billion under including serving as one of the founders and a member management and 21 partner companies. A CA since 1980, of the Board and Executive Committee of the London he sits on numerous boards, including the Advisory Board Enterprise Development Corporation, and as a member for TD Capital and the Board of Directors of the Canadian of the Board/Executive of VON, St. Joseph’s Hospital Venture Capital & Private Equity Association. John is and MS Society. Under his leadership, the Ernst & Young also Chair of the Board of Directors of Wellspring, which Southwestern Ontario group recently financed the building provides free cancer support, education and coping skills of a Habitat for Humanity home in Kitchener. to individuals, family members and professional caregivers, and is Chair of the Investment Committee of the Toronto Community Foundation. Because of his strong interest Valorie M. Leonard, FCA in promoting microfinancing in poorer nations, John has served as a Director with both the Calmeadow Foundation Valorie Leonard is a Full Professor in the Faculty of and the AfriCap Microfinance Investment Fund. Management at Laurentian University, where she is Chair of the Accounting Department. Having achieved her CA in 1981, she has done much over the years to Mary Lou Maher, FCA guide young people into the profession. In addition to her work at Laurentian, she has been very involved with Mary Lou Maher is the Chief Financial Officer of KPMG LLP. the Ontario Institute, serving as Seminar Leader with the She is also a member of KPMG’s Management Committee School of Accountancy every year since 1989, and acting and served as the firm’s Chief Human Resources Officer. A as a facilitator and instructor at the Northern Ontario CKE Chartered Accountant since 1985, Mary Lou was awarded Prep Program. She has also been actively involved in the with the Top 100 Most Powerful Women honour for the development of accounting educational material as both professional category by the Women’s Executive Network an author and reviewer for the Institute as well as textbook in 2006. In 2005, she was recognized as a Trail Blazer publishers. by CAmagazine. She is also a Mentor in the Mentoring Partnership program for new immigrants and in the Women’s Network Mentoring program, and is on the President’s J. Mark Lievonen, FCA Council for St. Michael’s Hospital. Mary Lou serves on the Institute’s Council as Executive Member-at-Large. Mark Lievonen is President of Sanofi Pasteur Limited, a leading Canadian company in the field of researching, developing and manufacturing life-saving vaccines. Sanofi Pasteur is the vaccines division of sanofi-aventis Group and is the largest company in the world devoted entirely 34 CheckMark • Autumn 2010 Helen M. Mallovy Hicks, FCA Life Financial of Canada in Hong Kong, as an Executive Vice-President of Aviva Insurance Company, as the Chief A Partner with PricewaterhouseCoopers LLP in the Financial Officer of the Insurance Corporation of British Transactions practice, Helen Mallovy Hicks has been a Columbia and as the Chief Auditor at North American Life CA since 1985 and a Chartered Business Valuator since Insurance Company (now part of Manulife). Isabel is a 2002. She is a member of the PwC Transactions Leadership frequent speaker and panelist at financial and governance Team and leads the National Fairness Opinion practice. As conferences and meetings. She is a faculty member of National Advisory Leader for PwC’s Women in Leadership Director’s College in Niagara-on-the-Lake and has served initiative – aimed at recruiting, retaining and promoting more as an instructor at several academic institutions. She is female CAs – she has championed the role of women in the also a member of the Board of Directors and Chair of profession. She also serves as Treasurer and Member of the Audit Committee of Infrastructure Ontario. Active in the Board of Directors of the Toronto Symphony Orchestra, her community, Isabel serves on the Board of Directors is the Chair of the Finance and Audit Committee, and is a and as Chair of the Audit Committee of Kerry’s Place member of the Board of Trustees of the Toronto Symphony Autism Services and sits on the Board of Directors of the Foundation. Recently, Helen was elected to the Board of Scarborough General Hospital. Directors of PricewaterhouseCoopers LLP. Kenneth A. Miller, FCA James R. McCarter, FCA A retired Executive Partner with the firm Gaviller & Company Appointed Auditor General of Ontario by the provincial LLP, Ken Miller arrived at the firm shortly after he became Legislature in December 2004, Jim McCarter and his a CA in 1976 and, over the course of his career, served independent office assist the Legislature in holding the as a member and Chair of all of the firm’s committees. He government accountable for the stewardship of public has supported the profession in many ways over the years, funds and for the achievement of value for money in including serving on the Institute’s Municipal Accounting government and public-sector operations. A CA since 1977, and Auditing Committee and acting as a part-time Practice Jim has served as a member of the Institute’s Professional Inspector. Active in his community, Ken was President of the Conduct Committee, and as Chair of the Members in Wasaga Beach Rotary Club, a Board Member and President the Public Sector Committee. He is also currently on the with the Collingwood Chamber of Commerce, and a charter CICA’s Government Transfers Task Force. He is one of two member of the Blue Mountain Weightlifting Club. Canadian public representatives serving on the Canadian Institute of Actuaries’ Professional Conduct Committee. Rodney G. Monette, FCA Dianne L. McMullen, FCA Rod Monette was a Deputy Minister and Assistant Deputy Minister for 17 of his 28 years in the Federal Public Service. Dianne McMullen is the Tax Business Line Leader for the His last two appointments were as Comptroller General of Large Market Region of BDO Canada LLP. She served on Canada and Associate Deputy Minister of National Defence. the firm's Policy Board from 2003 to 2009. A Chartered He is now an associate with Rawson Group Initiatives Accountant since 1985, Dianne has been involved in in Ottawa. A CA since 1981, Rod began his career with Ontario Institute activities for a number of years. She served Clarkson Gordon. He is an author and a musician, recently on the Institute's Professional Conduct Committee from 2005 publishing Road Worthy – Life Perspectives by Motorcycle, to 2008; was a member of the Examinations Committee from about his motorcycle travels through North America. 1995 to 1998; and was a member of Council from 2008 to 2010, serving as the Membership Committee Chair from 2009 to 2010. Dianne was also an instructor at the Institute's Gary E. Moulton, FCA School of Accountancy from 1990 to 1992. Dianne is the past editor of the Tax Department of CAmagazine. Gary Moulton is a Senior Vice President in Deloitte’s Forensic and Dispute Services practice in the GTA. Gary was involved in the development of the firm’s forensic Isabel Meharry, FCA practice in Canada and globally, serving as the Canadian Partner on Deloitte’s Global Fraud Services Directorate and A member of the Institute’s Council, Isabel Meharry is Vice- as the Partner in charge of the GTA forensic practice. First President, Finance, Secretary Treasurer and Chief Financial achieving his CA in Nova Scotia in 1981 and becoming Officer for Green Shield Canada, which specializes in an Ontario Institute member in 1982, he served as the group and individual health and dental programs and Chairman of the Board of the CICA’s Alliance for Excellence administration. A CA since 1980, Isabel has more than 25 in Investigative and Forensic Accounting (IFA Alliance) years’ experience in senior financial and operating roles. and helped develop and implement the educational and Prior to joining Green Shield Canada, she held the position communications programs and professional standards of President and Chief Executive Officer of Financial for IFA practitioners. Gary helped develop modules for Executives International Canada. She has also served as the graduate-level Diploma in Investigative and Forensic the Executive Consultant to the Chairman and CEO of Sun Accounting program offered by the University of Toronto. CheckMark • Autumn 2010 35 2010 new Life members Each fall, the Council elects Life Members in accordance with the provisions of Bylaw 304. Heartiest congratulations are extended to the following 319 new Life Members. ACKERMANN, Michael Arlen, Belleville CLAYDEN, Peter Joseph, Sechelt, BC GRANT, Peter David, Mississauga ADORANTE, Gabriel Joseph, Woodbridge CLUTTERBUCK, James Ernest, Kitchener GRAY, Bruce William, Willowdale ALEXANDER, Kenneth Paul, Oakville COOK, Anthony Hermon, Alcove, QC GRAY, Carol Ann, Willowdale ALLEN, Anthony George Edward, Collingwood COOPER, Geoffrey Wilfrid, Carleton Place GRAY, James Mckinnon, Thunder Bay AMIN, Jitendra, Sorel-Tracy, QC COURTNEY, Norman Paul, Kitchener GRAY, Ronald Edward, Scarborough ANDERSON, Delmer Lynn, Oakville COWAN, Arnold Bernard, Richmond Hill GUIGNION, Raymond Leeman, Willowdale ANDERSON, Thomas John, Thornhill CRAIG, Ian Wilson, West Hill GUMBS, Crispin Mcallister, Mississauga ASHLEY, David Sidney, Unionville CRONKWRIGHT, Jack Elgin, Port Dover HACKETT, Kenneth John, London ATKINSON, Robert William, Toronto DAVIDSON, Douglas Alexander, Whitby HALL, Bruce Alan, Ennismore BABENSEE, Robert William, Toronto DAVIES, Gwyn, LaSalle HALPREN, Murray Roger, Dundas BAINES, Robert Francis, Toronto DEAN, Alan W., Mansfield HAMILTON HARDING, Robin Alexander, BAKKER, John William, Dundas DI LELLA, Michael Patrick, Mississauga Pointe Claire, QC BALDWIN, John Edward Hayman, Ottawa DICK, Gerald Roy, Mississauga HARVEY, Carl George Alexander, Peterborough BANCROFT, William Marler, Provo, UT, USA DILWORTH, Robert Francis, Ancaster HASLETT, Richard Stuart, Ottawa BARLTROP, Christopher Spencer, Toronto DOHERTY, Robert Frank, Milton HATCH, John Clifford, St. Clair Beach BARLTROP, Edythe Joan, Etobicoke DONOVAN, Denis Peter, Toronto HAYES, Darrel Arthur, Oakville BATSON, Ross, London DRAKE, Thomas Winston, Kitchener HEALE, Douglas Gordon, Nepean BAZELEY, Donald Harpur, Floreat, WA, Australia DUCKMAN, Lloyd Paul, Toronto HESTER, Richard George, Canmore, AB BERNARD, Samuel Irving, Montreal, QC DUGGAN, John Philip, Toronto HETHERINGTON, Harold Russell, Toronto BLITSTEIN, Ronald, Toronto DUNLOP, Paul Bruce, Don Mills HODGIN, John Robert, Sarnia BOIDMAN, Nathan, Westmount, QC EADES, Kenneth Gary, Calgary, AB HODGINS, Robert Hugh, Barrie BOYD, Robert Edward, Oakville EBY, Thomas Glynn, Toronto HOGAN, William John Michael, Haileybury BREBNER, Michael John, Mississauga EISENBERG, Robert David, Willowdale HOWARD, John Richard, Mississauga BRISTOW, James Cameron, London ELLARD, Desmond Francis, Sechelt, BC HOWEY, David Ross, Waterloo BROWN, Francis Robert, Mississauga ELLIOTT, George Albert, Collingwood HOWLETT, William Morris, Islington BROWN, Robert Charles Alfred, Burlington ENNS, Harry Victor, Kingsville HUBLEY, Norman Sinclair, Toronto BROWN, Robert Murray, Dundas EPSTEIN, Gerald, Concord HUDSON, David Fenwick, London BUETOW, Bernhard Gerhard Max, Ottawa FAGE, Richard Winston, Ottawa HUFFMAN, Murray Ross, Burlington BULLOCH, Donald Victor, Dashwood FARRAR, Richard John Piercy, Etobicoke HUGHES, Andrew Bethel, North Lancaster BURKE, Raymond Brian, Nepean FERGUSON, James Peter, Windsor HUNNISETT, Heather Marie, Mississauga BURROWS, Gerald Lindsay, Priddis, AB FERGUSON, William Bruce, Waubaushene HUTCHINSON, Frederick George, BURTON, James William, Etobicoke FINDLAY, John Michael, Kanata Beaconsfield, QC CADDO, Donald Russell Charles, Thunder Bay FINLAY, David Copland, Calgary, AB INGLIS, Allan Stevenson, Novi, MI, USA CADSBY, Howard Leonard, Richmond Hill FINNIE, William Morrison, Weston ISAACSON, Joseph, D.N. Hanegev, Israel CALAM, Alexander Bailey, Sault Ste. Marie FITZGEORGE, James Clifton, London IVANOVICK, Richard Robert, Cambridge CALPIN, Martin, Don Mills FITZPATRICK, John James, Burlington JACKETT, Donald James, Peterborough CAMACHO, Michael Joseph, Alexandria FOSTER, Bruce Claxton, Carlisle JACOBS, Charles Edward, Mississauga CAMPBELL, Colin, Hong Kong FRATTAROLI, Donald Ernest, Agincourt JACOBS, Irvin I., Boynton Beach, FL, USA CANTOR, Abraham Harvey, North York FREEMAN, Harold Seymour, Toronto JAMIESON, John Burns, Brookline, MA, USA CARBERRY, Clinton Dale, Waterloo FRIEDMAN, Edward Lawrence, Maple JANES, Thomas Gordon, Sarnia CARTER, James Wesley, Toronto GAMAGE, Piyasena Dodampe, Windsor JEFFREYS, Donald Edward, Toronto CARTER, Michael Francis Kennedy, Toronto GAMBLES, John Cordell, Scarborough JORDAN, John Maurice, London CEPLER, Leonard Marvin, North York GARLAND, Harvey Roger, Toronto JUDD, Godfrey Broumton, Wareham, CHEVALIER, Joseph Raymond Ernest Gilles, GEDDES, Ralph Dean Box, Carp Dorset, England Saint-Lambert, QC GELLATLY, Donald Murray, Toronto JUDSON, Craig Leroy, Whitby CHRISTENSEN, Carl Verner Martin, Toronto GEORGE, David Edward, Kitchener KEEN, Laurence Robert, Prescott CHRISTIAN, Edward Barry, Bolton GODAWA, Stanley Ignatius John, Oshawa KEENAN, Robert John, Etobicoke CLARK, John Alan, Ajax GOLDENBERG, Carl Lionel, Willowdale KELLY, Harry Michael, Holland Landing CLARK, Spencer Humphrey, London GORSKY, Muriel, Hampstead, QC KELLY, James Lloyd Robert, Owen Sound CLAYDEN, Joseph, Surrey, BC GRAHAM, John Bryan, Toronto KEMP-GEE, Alan Keith, West Vancouver, BC 36 CheckMark • Autumn 2010 KENNEDY, James Peter, London NORTON, David John, Agincourt SMITH, Frederick John, Oakville KESTENBERG, Harvey, Willowdale NOURSE, Robert Malcolm, Oakville SMITH, Harvey Howard, Oshawa KHOKHAR, Khalid Mahmood, Markham NUTTER, Thomas Brian, Burlington SMITH, Michael Alan, Burlington KINNEAR, John Paul, Kingston OBERFELD, Leonard Joseph, Cote St. Luc, QC SNELGROVE, Robert Douglas, Kitchener KIRBY, Gerald Patrick, Carleton Place OTTERMAN, James Fredrick, Victoria, BC SNIDER, Meldon Hume, Toronto KIRBY, Robert Stewart, Bridgetown, Barbados PALMER, Frank W., Willowdale SNYDER, Stuart Irvin, Kitchener KIZIAK, Raymond Reginald, Bolton PARTON, Richard Joseph, Toronto SOLOMON, Stanley Joseph, Vaughan KOKOTOW, Herbert Sorrell, Thornhill PASQUILL, John Hilton, Don Mills SPENCE, John Michael, Fort Frances KORMAN, Charles Isaac, Thornhill PATEL, Hoshang Dinshaw, Brampton STAPLES, Robert Victor, Gananoque KRISTENBRUN, Thomas Gustav, Toronto PAUL, Arun Kumar, Beaconsfield, QC STEIN, Stephen Arthur, Thornhill LAFLAIR, Peter George, Toronto PAWLIK, David Naster, Hamilton STEISS, Carl Frederick, Etobicoke LAKRA, Homi, Richmond Hill PEARCE, Earl Robert, Calabogie STEWART, James Royal, London LAMBERT, Edward Roy, Oakville PERLMAN, Malcolm Henry, Toronto SUTHERLAND, Murray Fraser, Brockville LANDE, Eric Paul, Stowe, VT, USA PERRY, Donald Howarth, Thunder Bay SYMINGTON, James Richard, Thunder Bay LARKIN, Peter Brian, Richmond Hill PESKETT, Robert Edward, Perth TATE, David Michael, Sudbury LAVINE, Ivan Lloyd, Toronto PETERSON, Eric Charles, Timmins TAUB, Bernard Mandell, Thornhill LAWRENCE, Leonard Sydney, Hamilton PETHICK, Paul Edwin, Minden TAY, Joo Kiak, Mississauga LEGALLAIS, Randall William, St. Davids PETTIT, Dale Alexander, London TAYLOR, David John, Thornhill LEISHMAN, Kenneth Wayne, Aurora PLODER, George Leo, Mississauga TERRY, Robert David, Brantford LENNOX, Gary Brian, London POPERT, Wayne Ernest, Freelton THOMAS, Marvin Harold, Stratford LEONARD, Gordon Lawrence, Oakville PORTER, Kenneth Michael Lachlan, North York THOMPSON, William Arthur, Lindsay LESKEW, Paul Stephen, Orillia PRICE, Ian Edward Greville, Ottawa TILLEY, John Michael Alexander, Scarborough LESONSKY, David, Windsor PRINSLOO, Desmond Sinclair, Scarborough TINSDALE, George Harry, Stoney Creek LINDSAY, Lloyd Allen, Mississauga PURDY, James Ivan, Lindsay TOWSLEY, Clarence William, Toronto LITWIN, Michael Ian, Montreal, QC RAE, William John Alexander, Winnipeg, MB TYRRELL, Paul Edward, Acton LOKASH, Gerald Allan, Toronto RAHN, John Frederick Ernest, Qualicum Beach, BC VAN KOUGHNET, Gordon Leslie, Cambridge LONG, Robert G., Thornhill RAPP, Bernard, Mont-Royal, QC VANCE, Keith Sidney, Mississauga LOOP, Dan K., Kingsville REDDON, Douglas Bruce, Burlington VANDEN HEUVEL, Hank Adrianus, London LORD, Robert Edward, Toronto REID, Frederick Allen, Minden VICTOR, Edward, Montreal, QC LOWE, Robert Edward, Midland RIDDLE, Thomas Arthur, Norwood WALD, Klaus Albert Peter, Markham LUMSDEN, Allan Dale, Ottawa RISHWORTH, Norman, Qualicum Beach, BC WALES, Bruce George, Normanville, SA, Australia MACDONALD, Gary Franklin, Belleville RONNEBERGER, Alfred, Brighton WALLACE, Richard Alan, Greensboro, NC, USA MACDONALD, J. Kevin, Wolfville, NS ROSEBOROUGH, Garry Walter, Peterborough WALMSLEY, Ian Simpson, Voorhees, NJ, USA MACKENZIE, James Stewart, Kitchener ROSEN, Sidney, Cote St. Luc, QC WALSH, Brian Stanley, Toronto MALCOLM, James William, Waterloo ROSS, Donald Alexander, Qualicum Beach, BC WARD, Lawrence Alfred, Toronto MANDELBAUM, Harold, Toronto ROTSTEIN, Michael William, Toronto WATERS, George Lawrence, Niagara Falls MARLEAU, Paul, Sudbury RUTTAN, Robert Lewis, St. Catharines WATERWORTH, John Ross, Cambridge MCARTHUR, David George, Scarborough RYAN, Patrick Arthur, Orangeville WELLS, Alan Percy, Uxbridge MCCLEARY, John Langton, Newmarket SADIQ, Salim David, Thornhill WELLS, Victor Albert, Oakville MCCOY, Alan Bernard, Amherstburg SALPETER, Edward, Hampstead, QC WERBIN, Morris, Montreal, QC MCGURN, Patrick Joseph, Ottawa SALTZMAN, Danny, Don Mills WHELAN, Brian Joseph, Pembroke MCINTOSH, Gregory Grant, Ottawa SANDUSKY, John Brainerd, Toronto WHITE, Adrian Michael Stephen, Fonthill MCREYNOLDS, John Bernard, North York SAPIRO, Cyril Edwin, Willowdale WIDDUP, Robert Donald, Mississauga MEISNER, Carroll Roy, Brampton SARGON, Abraham Ferris Joseph, Mont-Royal, QC WINDSOR, Peter Burton, Abbotsford, BC MILLER, Edward Douglas, Nepean SCHNARCH, Willy Reubin, Montreal, QC WINROW, Keith Ernest, Qualicum Beach, BC MITCHELL, Robert Charles, Orangeville SCHWARTZ, Alan, Willowdale WINT, Antony Willis, Toronto MITCHELL, Ronald Ernest, Ajax SEAGO, Alan James, Burlington WORSNOP, Douglas Paul, Agincourt MOORE, William Charles, Toronto SHAPIRO, Morden Saul, Willowdale WRIGHT, Anthony Allen Lean, Toronto MUI, Richard Y., Saint-Eustache, QC SHAPIRO, Paul Frank, North York WRIGHT, Graham William, Cedar Valley MUNRO, John Andrew, Sutton SHIRRIFF, Colin Peter, Penetanguishene WRIGHT, James Hubert, Burlington MURRAY, Thomas J., Toronto SHULMAN, Michael Gerald, Toronto WYATT, William Arthur, Cobourg NADLER, Martin, Montreal, QC SHULTZ, Clayton George, Flight Rock, BC YANOVER, Edward Paul, Willowdale NAISMITH, Douglas Barry, Penetanguishene SIGAL, Leonard William, Petah Tikva, Israel YORSTON, Raymond, Newmarket NAYLOR, John David, Huntsville SILVERBERG, Lawrence Harold, Toronto YOUNGBLUT, Barry Lynn, Brampton NEAL, Raymond Edward, Grand Bend SINTON, Joyce Charlotte, Barrie ZEIBOTS, Andrew, Toronto NEEDHAM, Dennis Edward, Burlington SLAN, Joel Elliott, Toronto ZYCHOWICZ, John, Ancaster CheckMark • Autumn 2010 37 Disciplinary Notices The Discipline Committee has the responsibility of He also reported incorrect income on a T4A for a person determining whether a member, firm or student charged who was a director, officer and shareholder of the company. with professional misconduct is guilty and, if so, for making Mr. Karmazyn provided false and misleading information an order for sanctions. The Discipline Committee may to Canada Revenue Agency by certifying that information also approve Settlement Agreements proposed by the was correct when it was not. During settlement discussions Professional Conduct Committee and a member. with the company, Mr. Karmyzn made threats to one of the parties that he would contact Canada Revenue Agency The Discipline Committee applies the principles of about his suspicions of tax improprieties, but if a settlement rehabilitation, specific deterrence and general deterrence was reached, he would delete certain files in his possession. to determine sanctions appropriate to the particular Mr. Karmazyn participated in a scheme to improperly divert circumstances of each individual case and in the public a GST refund from a company to a client and to himself. Mr. interest. Karmazyn was fined $10,000, charged costs of $30,000 and ordered to be expelled from membership. His appeal was The Discipline Committee has wide powers to facilitate dismissed by the Appeal Committee. rehabilitation, including the power to order supervised practice and reinvestigation. Generally, members whom Deanne Lynne Metzloff, Atwood, was found guilty of one the Discipline Committee concludes are incapable of being charge under Rule 104 of failing to respond in writing to a rehabilitated or are otherwise ungovernable are expelled. letter from the Institute in which a written reply is specifically Expulsion may also be ordered to protect the public trust required, and one charge under Rule 203.2(a) of failing and the integrity of the profession. to co-operate with officers, servants or agents of the Institute who have been appointed to arrange or conduct a The written reasons of the Discipline or Appeal Committee in practice inspection. Ms. Metzloff failed to submit requested a specific case may be accessed by visiting the Institute's documents to the Director of Practice Inspection, and failed website at www.icao.on.ca. to respond to correspondence from the Associate Director of Standards Enforcement. Ms. Metzloff was fined $3,000, charged costs of $2,000 and ordered to co-operate by providing her Quality Control Manual, client working paper Discipline Hearings files and CPD logs to the Director of Practice Inspection. As a result of Ms. Metzloff’s failure to comply with the order Kerry William Butler, formerly of Lisle, was found guilty of the Discipline Committee to co-operate within the time of two charges under Rule 201.1 of failing to conduct period specified, she was suspended from membership. himself in a manner that will maintain the good reputation of the profession and its ability to serve the public interest. Paul William Percival, Lucan, was found guilty of one While a partner in a public accounting firm, Mr. Butler, charge under Rule 104 of failing to respond in writing to a without the firm’s knowledge, accepted from a client letter from the Institute in which a written reply is specifically approximately $3,000 less than the amount invoiced by required, and one charge under Rule 203.2(a) of failing the firm on agreement with the client that the reduction to co-operate with officers, servants or agents of the would extinguish Mr. Butler’s personal debt. Mr. Butler also Institute who have been appointed to arrange or conduct a deposited into his personal chequing account for his own practice inspection. Mr. Percival failed to submit requested use nine cheques, in the approximate amount of $15,000, documents to the Director of Practice Inspection and failed all payable to the firm. Mr. Butler was fined $10,000 and to respond to correspondence from the Associate Director ordered to be expelled from membership. of Standards Enforcement. Mr. Percival was fined $3,000, and ordered to co-operate by providing his Quality Control Sidney Karmazyn, Thornhill, was found guilty of three Manual, client working paper files and CPD logs to the charges under Rule 201.1 of failing to conduct himself Director of Practice Inspection. As a result of Mr. Percival’s in a manner that will maintain the good reputation of the failure to comply with the order of the Discipline Committee profession and its ability to serve the public interest, and to co-operate within the time period specified, he was one charge under Rule 205 of signing or associating suspended from membership. himself with correspondence which he knew or should have known was false and misleading. Mr. Karmazyn sent T4A summaries to Canada Revenue Agency on behalf of a company for persons whom he knew or should have known were not its employees, officers or directors, and whom he knew had not received the amounts shown on the T4As. 38 CheckMark • Autumn 2010 Fraser Edward Simpson, formerly of Thornhill, was found guilty of: one charge under Rule 101 of failing to THE INSTITUTE OF CHARTERED ACCOUNTANTS comply with Bylaw 106(5) by holding himself out to be OF ONTARIO IN THE MATTER OF a Chartered Accountant while his rights and privileges THE CHARTERED ACCOUNTANTS ACT, 2010 were suspended; one charge under Rule 205 of associating himself with a statement or representation NOTICE OF APPLICATION FOR READMISSION TO which he knew was false or misleading; and one MEMBERSHIP BY charge under Rule 201.1 of failing to conduct himself in THOMAS CRAIG HARRIS a manner which would maintain the good reputation of TAKE NOTICE that THOMAS CRAIG HARRIS, a the profession and its ability to serve the public interest. former member of the Institute expelled by order of While under suspension from membership, Mr. Simpson the Discipline Committee made April 26, 2007, has held himself out as a Chartered Accountant in various submitted an application to the Discipline Committee communications. Mr. Simpson signed a passport for readmission, pursuant to Bylaw 353 of the Bylaws of application certifying that he had known the applicant the Institute. for over three years when in fact he had known the AND FURTHER TAKE NOTICE that any person desiring applicant for less than eight months. Mr. Simpson to provide information relating to the applicant’s good also sent an e-mail which contained unprofessional, moral character, competence to practise as a Chartered unfounded and damaging assertions against a third Accountant and/or carry on the practice of public accounting, or relating to the criteria for readmission set party. Mr. Simpson was fined $5,000, charged costs of out in Bylaw 353(7), should communicate in writing on or $10,000 and ordered to be expelled from membership before December 31, 2010 to: in the Institute. His previous readmission to membership was also revoked. Paul F. 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