Professional Matters NEWS AND VIEWS FOR MEMBERS INSIDE CPA CANADA
Changing of the guard
“THE TIMES THEY ARE A-CHANGIN’,” sang Bob Dylan. And indeed they are. Alain Côté, FCPA, FCA, assumed the role of
chair of the CPA Canada Board of Directors and Terry LeBlanc, FCPA, FCGA, became the new vice-chair on Sept. 30, 2015. Côté was chair of the Ordre des comptables agréés
du Québec from 2009 to 2011 and, since September 2014, has been vice-chair of the CPA Canada board. Moncton-based LeBlanc was a two-time chair of the CGA-Canada board and held senior positions with the Canada Revenue Agency from 1977 to 2010. Kevin Dancey, FCPA, FCA, has announced that as of May he will step down as CPA Canada president and CEO, a position he has held since January 2013. Dancey, who became president and CEO of the Canadian Institute of Chartered Accountants in 2006, played a key role in the unification of Canada’s accounting profession under the CPA designation. For more information, visit
cpacanada.ca/ ceodancey. Finally, Gary Hannaford, FCPA, FCA and CEO
of CPA Manitoba, has announced his intention to retire on June 30, 2016.
Alain Côté
DATA DIVING
Most CPAs think their compensation is going up in 2016
This year, I think my compensation is …
68%
Going up Going down
8% 20%
Staying the same Don’t know
4% 1%
Source: CPA Canada survey of close to 30,000 members conducted by Harris Poll between June 18 and July 16, 2015. The summary report is available at
cpacanada.ca/comp2015
ENEWS Your inbox Terry LeBlanc
“Debits and credits aren’t the only things impacting the bottom line. Identifying and managing risks is essential to developing a successful business plan,
especially for a new venture” —TOMAS ROMITA, “CPA’S PITCH OF THE WEEK” ON CBC’S DRAGONS’ DEN, OCT. 21, 2015
MEMBER RESOURCES
Get the most from a strategic acquisition EXECUTIVES, DIRECTORS and advisers of privately and publicly held companies can align acquisitions and corporate strategy with the help of Strategic Acquisitions. The publication contains practical
10 | CPA MAGAZINE | JANUARY/FEBRUARY 2016
guidance and tools to analyze a target company, develop comprehensive pricing and valuation models, structure deals, negotiate, perform due diligence, close the deal and integrate the acquired company. Purchase your copy at
cpacanada.ca/stratacq.
just got smarter CPA CANADA DELIVERS professional development news to your inbox every two weeks through the PD and Events Guide, a companion to Member News. Learn about opportunities in strategy and governance, leadership, finance, taxation, forensic accounting, specialty areas and more. To tailor the content to suit your
interests, log in to the members’ area on the CPA Canada website. To comment on or contribute to the publication, email
events@cpacanada.ca.
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Strategic Acquisitions Howard E. Johnson, MBA, FCPA, FCA, FCMA, FCBV, CPA, CFA, ASA, CF, C.Dir
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