Business Insights

The coming wave of business transitions in Canada

The coming wave of business transitions in Canada

How well prepared are entrepreneurs to get top dollar value when selling their businesses? That’s one of the key questions addressed in a recent study done by the Business Development Bank of Canada, or BDC, called: The Coming Wave of Business Transitions in Canada. Their study, based on a survey of over 2,500 Canadian entrepreneurs, shows tha..
Disrupting the status quo

Disrupting the status quo

The concept of “disruption” generally has a negative connotation, but every disruption provides an opportunity.Understanding the impact of disruption is the key to find ways to adapt and utilize the factors to your benefit. Companies looking to adapt their business models should consider five basic questions, as outlined in EY’s Eight..
15 mistakes accountants make in sales & marketing

15 mistakes accountants make in sales & marketing

Are marketing and sales not your strong suit? Well, Ian Vacin, vice president of product marketing at Karbon, has a few key pieces of advice that could help you find your target market and spur sales to ensure the growth and longevity of your firm. He presents his tips by outlining common mistakes accountants make in the area. They  include: Marke..
The growing problem of ransomware

The growing problem of ransomware

An email pops up; perhaps, convincingly, from someone you know with an attachment entitled “Invoice.xlsx”. Curious as to what this invoice could be, you open it. It seems ordinary and harmless enough. Within seconds, your files change to an odd extension with strange looking file names. A message pops up stating all of your files have been encr..
5 Lessons on giving back within the social media landscape

5 Lessons on giving back within the social media landscape

Shama Hyder, a contributor for Forbes.com, recently touched upon five lessons for family businesses to give back within the social media landscape and why there’s so many benefits to do so. In today’s ‘social media’ world it’s almost impossible to hide. This mandate also applies to any business – large or small – especially when it co..
Social media survey: weigh in for a chance to win

Social media survey: weigh in for a chance to win

CPA Alberta is always looking for ways to improve our social media content and strategy to best suit the needs of the more than 28,000 CPAs in the province. So, we want to hear from you! Please share your feedback by filling out this short survey and you will be entered into a draw to win a $25 VISA gift card. https://www.surveymonkey.com/r/GJFNXYZ..
Divesting during disruption – can it help Canadian companies?

Divesting during disruption – can it help Canadian companies?

What strategies are Canadian companies using to respond to economic uncertainty and technological disruption? A few have been trimming their portfolio of businesses – and creating value as they do so – according to the EY Global Corporate Divestment Study 2017. The EY study found almost three out of five Canadian executives surveyed had disp..
Viewpoints: Presentation of transportation costs (Oil & gas)

Viewpoints: Presentation of transportation costs (Oil & gas)

Examine the circumstances in which transportation costs incurred by a producer of oil and/or gas should be netted from revenue or presented as a separate expense. Developed jointly by Chartered Professional Accountants of Canada (CPA Canada), the Canadian Association of Petroleum Producers (CAPP) and the Explorers and Producers Association of Cana..