Contents CPA MAGAZINE JANUARY 2018 44 NEWS ETC.


Globetrotting 6 News From Around the World


Crosscountry 7 Canada at a Glance


Variables 8 Meeting Standards


By the Numbers 64 Oops!


FEATURES Battling Investment Bias


Many investors make illogical choices that sabotage their economic interests. Learn how to work around your biases


Going Crypto — Or Not


What Parents and Kids Need to Know


9 Killer Apps


Resolution No. 1: make your smartphone pay for itself and then some. These apps will more than suffice


Windfall 44


When people win the jackpot, their brains oſten short-circuit and they lose it all. How do you control this and do the right thing?


34


Digital currencies are popping up all over. Is it time to get in on the rush or stay away?


38


How to have the difficult conversations about financial matters with your children


42 28 COLUMNS Editor’s Note 2


Canadian Issues 20 Playing With Fire


The Right Thing 22 Hitting the Applause App


In Practice 24 The Professional Engagement Guide: What You Need to Know


For more contents: cpacanada.ca/ cpamagazine


DEPARTMENTS Online Features 4


Professional Matters 10


Better international career opportunities for CPAs 10


The balanced scorecard 11


Professional development for 2018 12


Standards Digest 13


Employment Benefits Discount Rate


Workplace 14 Profile 14 News 15 Management 16 Leadership 19


Technophilia 26


The Year of Human- Robot Interaction 26 Tech Review 27


On the Money 48


Financial News and Advice 48


When to Elect Your CPP Pension 49


Fraud 50 Scams and Shams 50


Hiding Assets the Bitcoin Way 52


After Hours 54 Profile 54 Beverages 55 Health 56 Book Review 57 Travel: Baltimore 58


JANUARY 2018 | CPA MAGAZINE | 1


Cover: Phil Ashley/Stone/Getty


This page: Michelle Thompson

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