The chairman of the Institute of Chartered Accountants of Ontario (ICAO) said
Canadian and Northern Irish chartered accountants can learn from each other in
the areas of legal liability and changing international standards.
Rod Barr, chairman of the ICAO, met with Colin Johnston, chairman of the
Ulster Society of Chartered Accountants (USCA) at the USCA’S Centenary
Conference, held in Ontario.
Barr said Canada business regulations were driven by its neighbour the US,
despite the fact that Canadian business leaders were probably more culturally
disposed to a European style of dealing in principles, sound judgement and
‘Fortunately both Canada and Ireland’s chartered accountants punch above
their weight in terms of setting international standards considering the size of
their respective economies,’ he said.
Johnston said the two institutes shared a very similar vision.
‘Chartered Accountants in Ontario and in Northern Ireland share similar goals
and challenges within a changing global marketplace and comparing our
experiences has been very valuable,’ Johnson said.
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This year’s Finance Act is 649 pages, the second longest recorded, and highlights the increasing complexity for taxpayers of an ever expanding tax code
The International Integrated Reporting Council (IIRC) and the CIPFA have launched an introductory guide for leaders on integrated thinking and reporting
Accountancy Age is delighted to reveal the shortlists for the 2016 British Accountancy Awards