GAA Accounting

The Journal of the Global Accounting Alliance

14/08/2014
by GAA Accounting
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Best Corporate Governance Disclosure Awards 2014 invite entries

The Hong Kong Institute of CPAs’ Best Corporate Governance Disclosure Awards, now in its 15th year, has started accepting entries. This year, the awards will focus on how companies are performing on board diversity, internal control, risk management and social responsibility initiatives. Click to see press release.

14/08/2014
by GAA Accounting
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Public consultation on listed entity auditors regulatory regime in Hong Kong

The Hong Kong government has launched a public consultation on “Proposals to Improve the Regulatory Regime for Listed Entity Auditors.” This is the next step in the process, following the Hong Kong Institute of CPAs’ member consultation ended earlier this year, to introduce an internationally recognized system of independent regulation of listed company auditors. Click to see the Institute’s press releases and the government’s consultation paper.

13/08/2014
by GAA Accounting
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The Trouble with Making Hiring Favours

By Karen Wensley

Here are some issues to consider before engaging in preferential hiring.

A number of banks, including J.P. Morgan, are under investigation by the US Securities and Exchange Commission for their hiring practices in China. The US Foreign Corrupt Practices Act prohibits providing anything of value to foreign officials in exchange for winning business. The allegations are that the banks hired children of prominent government officials or state-owned firms in exchange for lucrative contracts. According to news outlets, J.P. Morgan’s program, called “sons and daughters,” aggressively targeted those hires in response to similar programs by their rivals. Apparently, J.P. Morgan also tracked the correlation between hires and new business won. Continue Reading →

13/08/2014
by GAA Accounting
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Ask an expert: How do I motivate my employees?

By Todd Patkin

Small phrases can make a world of difference for employees’ motivation, commitment and productivity.

They’d never bring it up themselves, but there are certain phrases your employees really want to hear from you. Some have to do with affirmation; others centre on encouragement, reassurance, respect, gratitude or trust. When you verbalize these things, you will notice a big change in your employees’ motivation, commitment and productivity. Continue Reading →

13/08/2014
by GAA Accounting
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Made in Canada: A closer look at CGI Group

By Yan Barcelo

Launched in Serge Godin’s basement in 1976, CGI Group today is well positioned in the hottest sectors of the global economy — and its prospects seem brighter than ever.

About a dozen years ago, an IBM executive repeatedly contacted Serge Godin, offering to buy his company. And each time, the head of CGI Group, a Montreal-based IT consulting firm, tactfully declined the offer. The IBM executive tried every quarter, until an irritated Godin fired back, “We’re not for sale. Are you?” The IBM executive never called again. Continue Reading →

13/08/2014
by GAA Accounting
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How To Deal with Bullying at Work

By Diane Peters

Take steps to deal with office intimidation.

The day she got her pin for 25 of service, after being feted by her adoring coworkers, a teller had a panic attack so severe she could not breathe.

She called 911 and at the hospital she told her story: for 12 of those years at a job she loved and needed, her boss had been secretly tormenting her by ridiculing her and undermining her effectiveness. He’d give her extra, often pointless, work. “You’re being bullied,” a nurse told her. Continue Reading →