2009-11-10, Brief on Bill 63, Business Corporations Act
Responding to an invitation from the Public Finance Committee, last Wednesday Quebec's three professional accounting bodies submitted a joint brief to the Committee regarding Bill 63, Business Corporations Act.
This very important bill proposes a complete reform of Quebec's Companies Act and aims to better protect minority shareholders.
Our position
Since the Business Corporations Act needs to be modernized to ensure that Quebec remains competitive with other Canadian provinces and the United States, we agree with the goals and objectives of this reform. However, we believe that certain provisions of the Bill may be problematic, especially the provisions affecting professional secrecy.
[ To read the brief on Bill 63 - In French only ]
2009-11-03, Six big accounting firms join forces with Bénévoles d'affaires
Bénévoles d'affaires, in cooperation with the Ordre, brought together six of Montreal's largest accounting firms to rally around a common cause: support corporate social responsibility through a sponsorship of Bénévoles d'affaires.
The Ordre wishes to highlight the CA profession's social commitment and congratulates the six participating firms for their meaningful effort.
Participating firms
- Ernst & Young
- KPMG
- Mazars Harel Drouin
- PricewaterhouseCoopers
- RSM Richter Chamberland
- Samson Bélair/Deloitte & Touche
2009-10-20, Launch of the Dictionary of Derivatives and Other Financial Instruments
The Autorité des marchés financiers and the Ordre des comptables agréés du Québec are pleased to announce the launch of the Dictionary of Derivatives and Other Financial Instruments. The dictionary is already available free of charge on the Ordre's website at www.ocaq.qc.ca/dictionary. Add the page to your favourites, it will no doubt be a valuable tool!
The Dictionary of Derivatives and Other Financial Instruments contains over 700 definitions that can be accessed in English and French simultaneously. In addition to featuring synonyms and complementary concepts, it gives comparisons between different concepts and terms. The dictionary thus enables users to compare definitions of forward-based derivatives and option-based derivatives, and to grasp the distinctions between numerous types of options.
[ To read the media release ]
The AcSB approved the final accounting standards for private enterprises in Canada. The new standards will be issued by the end of the year and will be available for 2009 reporting for entities that choose to adopt them early. More »
2009-09-29, 2010-2011 annual fees: important changes to come
Changes will be made to the various annual fee levels for 2010-2011. Members in attendance at the Annual General Meeting on September 12 voted in favor of creating two new member categories for annual fee purposes and of increasing the fees.
To find out more, click on the questions in the list below.
