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2012 UFE Results<br />

<strong>Manitoba</strong>’s 2,900 CAs <strong>of</strong>fer <strong>the</strong>ir congratulations to <strong>the</strong> prov-<br />

ince’s 87 successful UFE candidates <strong>of</strong> 2012.<br />

In <strong>the</strong> CASB region 1,007 candidates were successful while<br />

across <strong>the</strong> country, 3,076 new CAs will be entering <strong>the</strong> pr<strong>of</strong>es-<br />

sion. In 2011, <strong>Manitoba</strong> had 76 successful candidates, CASB’s<br />

count was 1,038 and across Canada successful students<br />

numbered 2,858. <strong>The</strong> number <strong>of</strong> successful candidates has<br />

increased this year, along with an increase in <strong>the</strong> number <strong>of</strong><br />

Issue Number 180 December 2012 / January 2013<br />

Ordinary people - extraordinary<br />

determination<br />

candidates attempting <strong>the</strong> UFE in Mani-<br />

toba and across Canada.<br />

<strong>Manitoba</strong> candidate Brian Pidhirniak<br />

from PricewaterhouseCoopers LLP<br />

placed among <strong>the</strong> 59 students<br />

who were named to <strong>the</strong> National<br />

Honour Roll. Brian will receive a<br />

cash prize and Award <strong>of</strong> Excellence<br />

from <strong>the</strong> <strong>Manitoba</strong> <strong>Chartered</strong><br />

<strong>Accountants</strong> Foundation<br />

at <strong>the</strong> Convocation<br />

exercises to be held<br />

on February 2,<br />

2013 at <strong>the</strong> Win-<br />

nipegConven- tion Centre.<br />

Congratulations to Brian on this significant achievement!<br />

Again, congratulations to all <strong>of</strong> our successful candidates –<br />

through your hard work you have clearly demonstrated your<br />

competence as business-ready pr<strong>of</strong>essionals.<br />

5 Year Comparison <strong>of</strong> Number <strong>of</strong> Successful Candidates<br />

2012 2011 2010 2009 2008<br />

<strong>Manitoba</strong> 87 76 90 81 84<br />

CASB 1,007 1,038 1,137 1,037 909<br />

Canada 3,076 2,858 3,046 3,127 2,701<br />

Successful CA<br />

Reciprocity Candidate<br />

Congratulations also to Boniface Mwangi, Certified Public<br />

Accountant (Illinois), on successfully completing <strong>the</strong> 2012 CA<br />

Reciprocity Examination.<br />

<strong>The</strong> Canadian CA pr<strong>of</strong>ession has reciprocal membership ar-<br />

rangements with a number <strong>of</strong> pr<strong>of</strong>essional accounting bodies<br />

around <strong>the</strong> world. Members <strong>of</strong> those bodies, whose standards<br />

have been assessed as substantially equivalent to those <strong>of</strong> <strong>the</strong><br />

Canadian pr<strong>of</strong>ession, are eligible for admission to membership<br />

in <strong>the</strong> <strong>Manitoba</strong> <strong>Institute</strong> after successfully completing <strong>the</strong> CA<br />

Reciprocity Exam.<br />

Pictured left: Brian Pidhirniak, <strong>Manitoba</strong>’s successful UFE candidate named to <strong>the</strong> 2012 National Honour Roll.<br />

03 01


Celebrating Success<br />

<strong>Manitoba</strong> CAs and <strong>the</strong>ir guests celebrated <strong>the</strong> dedication and ac-<br />

complishments <strong>of</strong> several <strong>of</strong> our members in November.<br />

<strong>The</strong> 2012 Member Recognition Dinner was held in honour <strong>of</strong> <strong>the</strong><br />

new members <strong>of</strong> <strong>the</strong> 50 Year Club, <strong>the</strong> latest recipients <strong>of</strong> <strong>the</strong> Early<br />

Achievement and Community Service Awards, <strong>the</strong> new FCAs, and<br />

this year’s recipient <strong>of</strong> <strong>the</strong> Lifetime Achievement Award, Charlie<br />

Curtis. Also recognized were recipients <strong>of</strong> <strong>the</strong> Queen’s Diamond<br />

Jubilee Medal.<br />

Help celebrate <strong>the</strong> successes within <strong>the</strong> pr<strong>of</strong>ession by nominating a<br />

friend or colleague for <strong>the</strong> 2013 Member Recognition Awards. More<br />

information and nomination forms are available on <strong>the</strong> <strong>Institute</strong>’s<br />

website at icam.mb.ca under Member Services.<br />

Early Achievement Award recipients for 2012 (l-r):<br />

Danny Wright, CA, TEP; Eric Johnstone, CA.<br />

Community Service Award recipients for 2012 (l-r): Wayne Lusk, CA; Craig Sheldon, CA;<br />

Ian Thomson, CA; Aaron Penner, CA.<br />

02<br />

Charlie Curtis, FCA, (left) is presented with <strong>the</strong> Lifetime Achievement Award<br />

for 2012 from ICAM President and Chair, Rick MacKay, FCA.<br />

<strong>The</strong> 50 Year Club (l-r): Tom Heisinger, CA; Ron Smith, CA; Jon Goodman, CA; Wayne Ma<strong>the</strong>son, CA; Steve Weir, CA;<br />

Werner Wiebe, CA.<br />

<strong>The</strong> newly elected FCAs <strong>of</strong> 2012 (l-r): David Glass, FCA; Don Streuber, FCA; Hea<strong>the</strong>r Reichert, FCA;<br />

James Doer, FCA; Dan Trotter, FCA.<br />

Pictured left are <strong>the</strong> <strong>Manitoba</strong> CAs who were recipients <strong>of</strong> <strong>the</strong><br />

Queen’s Diamond Jubilee Medal (l-r): Wayne McWhirter, FCA ;<br />

Gabe Forest, FCA; Terry Prychitko, FCA; Bill Gray, FCA; Gregg Hanson,<br />

FCA; Gary Hannaford, FCA; Bill Loewen, FCA.<br />

Missing: Don Penny, FCA.


Unification Update<br />

In <strong>Manitoba</strong>...<br />

<strong>Manitoba</strong>’s Transition Steering Committee (TSC), established by CA and<br />

CMA <strong>Manitoba</strong>, is developing a formal merger agreement for <strong>the</strong> two bodies.<br />

<strong>The</strong> TSC has equal representation from both organizations and is working to support <strong>the</strong> implementation <strong>of</strong> <strong>the</strong> CPA pr<strong>of</strong>essional<br />

education program, develop governance policies and create a detailed transition plan to integrate operations.<br />

Across <strong>the</strong> country...<br />

ICAS and CMA Saskatchewan pursue merger agreement<br />

On December 3, 2012, <strong>the</strong> <strong>Institute</strong> <strong>of</strong> <strong>Chartered</strong> <strong>Accountants</strong><br />

<strong>of</strong> Saskatchewan (ICAS) announced to <strong>the</strong>ir members that<br />

<strong>the</strong> ICAS Council has voted unanimously in favour <strong>of</strong> pursuing<br />

a merger agreement with CMA Saskatchewan. In addition, a<br />

Transitional Steering Committee, consisting <strong>of</strong> ICAS and CMA<br />

members, has been formed to oversee <strong>the</strong> merger process in<br />

Saskatchewan.<br />

Alberta CA, CMA and CGA accounting bodies issue announce-<br />

ments<br />

<strong>The</strong> <strong>Institute</strong> <strong>of</strong> <strong>Chartered</strong> <strong>Accountants</strong> <strong>of</strong> Alberta (ICAA) is-<br />

sued an announcement to its members stating that <strong>the</strong> ICAA<br />

Council has chosen to resume discussions with CMA and CGA<br />

Alberta to support unification <strong>of</strong> <strong>the</strong> accounting pr<strong>of</strong>ession<br />

currently taking place across Canada. ICAA will be pursuing<br />

a consultation process with members and o<strong>the</strong>r stakeholders<br />

regarding unification <strong>of</strong> <strong>the</strong> pr<strong>of</strong>ession.<br />

<strong>The</strong> CGA and CMA bodies in Alberta welcomed <strong>the</strong> ICAA<br />

announcement and said that <strong>the</strong> return <strong>of</strong> <strong>the</strong> ICAA to <strong>the</strong><br />

unification effort in Alberta completes <strong>the</strong> <strong>Chartered</strong> Ac-<br />

countant provincial presence in <strong>the</strong> national merger. CGA and<br />

CMA Alberta will continue to move forward on <strong>the</strong> operational<br />

merger that began formally in October while ICAA completes<br />

<strong>the</strong> consultation process.<br />

CA Certificate Framing<br />

Proudly showcase your achievement by having your <strong>Chartered</strong><br />

<strong>Accountants</strong> <strong>of</strong> <strong>Manitoba</strong> certificate framed in a high-quality<br />

Canadian made frame, complete with an acid free mat or<br />

emblazoned with <strong>the</strong> CA logo.<br />

Order forms are available<br />

online at icam.mb.ca ><br />

Member Services > Member<br />

Benefits or by contacting<br />

<strong>the</strong> <strong>Institute</strong> at 204-942-<br />

8248 or icam@icam.mb.ca.<br />

CMA Ontario and ICAO issue announcements<br />

CMA Ontario’s board <strong>of</strong> directors issued an announcement<br />

stating CMA Ontario has decided to continue to support<br />

unification <strong>of</strong> <strong>the</strong> accounting pr<strong>of</strong>ession currently taking place<br />

across Canada. <strong>The</strong> <strong>Institute</strong> <strong>of</strong> <strong>Chartered</strong> <strong>Accountants</strong> <strong>of</strong><br />

Ontario is currently concentrating on transitioning to <strong>the</strong> CPA<br />

and <strong>the</strong> creation <strong>of</strong> CPA Ontario. CMA Ontario anticipates this<br />

process will need to be completed prior to <strong>the</strong> initiation <strong>of</strong> new<br />

efforts to join CPA as a member <strong>of</strong> CPA Ontario.<br />

ICAO welcomed <strong>the</strong> CMA Ontario announcement and said it is<br />

pleased that <strong>the</strong> CMA Ontario Board recognizes that <strong>the</strong> pro-<br />

cess <strong>of</strong> transitioning to CPA Ontario that is currently underway<br />

needs to continue and that CMA Ontario is prepared to wait<br />

until this process is completed prior to initiating new unifica-<br />

tion efforts.<br />

<strong>The</strong> <strong>Institute</strong> <strong>of</strong> <strong>Chartered</strong> <strong>Accountants</strong> <strong>of</strong> Bermuda announces<br />

positive vote results<br />

In a communication to members, <strong>The</strong> <strong>Institute</strong> <strong>of</strong> <strong>Chartered</strong><br />

<strong>Accountants</strong> <strong>of</strong> Bermuda (ICAB) reports that at its Special<br />

General Meeting held on December 6, 2012, <strong>the</strong> membership<br />

voted 97% in favour <strong>of</strong> <strong>the</strong> Bermuda <strong>Institute</strong> joining CPA<br />

Canada and 3% voted for Council to decide. <strong>The</strong> vote con-<br />

sisted <strong>of</strong> <strong>the</strong> ICAB members present at <strong>the</strong> meeting along with<br />

<strong>the</strong> proxies received from members overseas.<br />

See pages 6-7 for an overview<br />

<strong>of</strong> <strong>the</strong> status <strong>of</strong> unification<br />

across Canada.<br />

03


Celebrating Marks Day at Bleachers<br />

GWL at Marks Day! Back (l-r): Ryan Chopp, Satnam Gill, Andreas Bergen, Mike Raimondi<br />

Front (l-r): Rosalynn Merluza, Laura Wetton, Kyle Kusiak, Hung Lam, Jessie Wu, Aileen Cuevas,<br />

Kim Fierback.<br />

E&Y celebrates Marks Day! (l-r): Andrea Crampton, Grace Uminga, Ryan Wood,<br />

Shaun McLarty, Laura Clendenan.<br />

CAs in <strong>the</strong> family! Keith Findlay, FCA, (right) welcomes<br />

his son, Graeme to <strong>the</strong> CA fold.<br />

04<br />

<strong>The</strong> first UFE writers from Investors Group! (l-r): Patrick Doerksen,<br />

Shameel Thakrar.<br />

<strong>The</strong> guys from PwC! Back (l-r): Joel Mateika, Evert Helms, Dan Campeau, Scott Acheson.<br />

Middle (l-r): Brian Pidhirniak (National Honour Roll), Andrew Auld, Denis Freynet, Phillip Bshouty,<br />

Paul Critchley, Garrett Waldbauer and Alec Lim in <strong>the</strong> front.<br />

Happy CA family! Alyson Kennedy, CA, (right) congratulates<br />

her daughter Leah on joining <strong>the</strong> pr<strong>of</strong>ession.<br />

Bro<strong>the</strong>r and sister CAs! Successful writer Denis Freynet and his<br />

sister, Brigitte Lazarko, CA.


Congratulations successful UFE writers!<br />

Scott ACHESON<br />

Melissa ADAMS<br />

Anna AMISOLA<br />

Abhinav ASHOK<br />

Andrew AULD<br />

Chenxi BAI<br />

Angela BLUHM<br />

Shaminder BRAR<br />

Michelle BRAS<br />

Chantal BROWN<br />

Phillip BSHOUTY<br />

Mike BULBUCK<br />

Danyel CAMPEAU<br />

Wang CHENG<br />

Chi-Kwan (Aaron) CHEUNG<br />

Laura CLENDENAN<br />

Andrea CRAMPTON<br />

Paul CRITCHLEY<br />

Bryce DAVIS<br />

Jaclyn DEMIANYK<br />

Serene DESMOND<br />

Gurbinder DHALIWAL<br />

Patrick DOERKSEN<br />

Virginia DUECK<br />

James EARLY<br />

Mat<strong>the</strong>w EDWARDS<br />

Michael EHINGER<br />

David FERGUSON<br />

Graeme FINDLAY<br />

Josh FORSYTH<br />

Scott FRASER<br />

Denis FREYNET<br />

Nathan FRIESEN<br />

Laura GILLETA<br />

Brittany GRAY<br />

Diana GREEN<br />

Derek HAMILTON<br />

Ashley HEINRICHS<br />

Evert HELMS<br />

Corinne HOLMAN<br />

Salman IDRIS<br />

Robert IVISON<br />

Adeel JAWED<br />

Tyler JURKOWSKI<br />

Lazer Grant ‘s successful UFE writers (l-r): Cameron Oneschuk and Neha Sahi.<br />

MNP brings <strong>the</strong> Cup! Back (l-r): Harman Kaler, Brandon Yestrau, Daniel Priddle,<br />

Mike Bulbuck, Bob Ivison, Mike Ehinger, Dustin Krahn.<br />

Front (l-r): Kayla Wai, Anna Amisola.<br />

Graham KAHLER<br />

Harman KALER<br />

Leah KENNEDY<br />

Nikita KLASSEN<br />

Dustin KRAHN<br />

Hung LAM<br />

Cory LANG<br />

Alec LIM<br />

ZhenYuan (Nancy) MAO<br />

Ryan MARK<br />

Joel MATEIKA<br />

Trevar MATHESON<br />

Jesse MCCULLOUGH<br />

Blair MCFADYEN<br />

Shaun MCLARTY<br />

Ian MCMULLAN<br />

Scott NEWALL<br />

Eoghan O’NEIL<br />

Cameron ONESCHUK<br />

Brian PIDHIRNIAK<br />

Daniel PRIDDLE<br />

Marin ROMANIUK<br />

Neha SAHI<br />

Jaclyn SAULT<br />

Komaljeet SIDHU<br />

Mukul SINGH<br />

Amanda STEVENS<br />

Jonathan TEMPLE<br />

Shameel THAKRAR<br />

Jason THIESSEN<br />

Gillian THORNTON<br />

Jordan TOEWS<br />

Whitney TOMCHAK<br />

Sonja TUNOVIC<br />

Grace UMINGA<br />

Kayla WAI<br />

Garrett WALDBAUER<br />

Jennifer WALL<br />

Ashley WATSON<br />

Mat<strong>the</strong>w WILMS<br />

Ryan WOOD<br />

Zifang (Jessie) WU<br />

Brandon YESTRAU<br />

D&T at Marks Day! (l-r): Virginia Dueck, Matt Wilms, Scott Fraser, Eoghan<br />

O’Neil, Graeme Findlay.<br />

<strong>The</strong> gals from PwC (l-r): ZhenYuan Mao, Melissa Adams, Brittany Gray, Shaminder<br />

Brar, Gillian Thornton, Leah Kennedy, Nikita Klassen. (Missing: Michelle Bras)<br />

05 03


Alberta<br />

06<br />

British Columbia<br />

Who’s at <strong>the</strong> table: CA, CMA<br />

Member vote: CMA vote June 2012<br />

Results*: CMA 92.9%,<br />

Who’s at <strong>the</strong> table: CA, CMA<br />

<strong>The</strong> status <strong>of</strong> unificatio<br />

Yukon Who’s at <strong>the</strong> table: CA, CMA, C<br />

Merger proposal issued: Jan. 24, 2012<br />

Member vote: May/June 2012<br />

Results*: CA 61%, CMA 94%<br />

Formal merger agreement signed: Oct. 19, 2012<br />

Who’s at <strong>the</strong> table: CMA, CGA, CA<br />

Merger proposal issued: May 17, 2012<br />

Member vote: CMA/CGA vote May/June 2012<br />

Results*: CMA 79.2%, CGA 78.7%<br />

CMA and CGA bodies vote to unify as part <strong>of</strong> CPA<br />

Canada: Oct. 12, 2012<br />

ICAA Council announces intent to resume<br />

discussion with CMA and CGA Alberta: Dec. 4, 2012<br />

CMA and CGA Alberta will continue to move<br />

forward with <strong>the</strong> operational merger <strong>of</strong> <strong>the</strong>ir two<br />

organizations while <strong>the</strong> ICAA completes <strong>the</strong><br />

consultation process.<br />

Saskatchewan<br />

Who’s at <strong>the</strong> table: CA, CMA<br />

Merger proposal issued: March 5, 2012,<br />

updated Oct. 10, 2012<br />

Member vote: October 2012<br />

Results*: CA 65%, CMA 94%<br />

Northwest Territories<br />

(includes Nunavut)<br />

<strong>Manitoba</strong><br />

Who’s at <strong>the</strong> table: CA, CMA<br />

Merger proposal issued: Jan. 20, 2<br />

Member vote: March 2012<br />

Ontario<br />

Who’s at t<br />

Merger pro<br />

(ICAO is t<br />

CMA Onta<br />

<strong>of</strong> <strong>the</strong> acco<br />

CMA Onta<br />

transitionin<br />

prior to <strong>the</strong><br />

Results*: CA 59.5%, CMA 95%<br />

Report to Government: June 2012<br />

Draft <strong>of</strong> formal merger agreement<br />

*Results numbers include (<strong>of</strong> <strong>the</strong> members that voted) those who v<br />

those who voted to allow <strong>the</strong> elected


GA<br />

n across <strong>the</strong> country<br />

he table: CA, CMA<br />

posal issued: n/a<br />

ransitioning to CPA Ontario)<br />

rio announces intent to support unification<br />

unting pr<strong>of</strong>ession: Nov. 16, 2012<br />

rio anticipates that <strong>the</strong> process <strong>of</strong> ICAO<br />

g to CPA Ontario will need to be completed<br />

initiation <strong>of</strong> new unification efforts.<br />

012<br />

in development<br />

Quebec<br />

Newfoundland & Labrador<br />

Who’s at <strong>the</strong> table: CA, CMA<br />

Merger proposal issued: March 15, 2012<br />

Member vote: CA vote June 2012, CMA<br />

vote Fall 2012<br />

Results*: CA 68%, CMA 86.5%<br />

Unification complete (CA, CMA, CGA).<br />

CPA legislation passed May 16, 2012<br />

Prince Edward Island<br />

Who’s at <strong>the</strong> table: CA, CMA<br />

Merger proposal issued: June 7, 2012<br />

Member vote: June/July 2012<br />

Results*: CA 72%, CMA 98%<br />

Nova Scotia<br />

Who’s at <strong>the</strong> table: CA, CMA<br />

Merger proposal issued: July 25, 2012<br />

Member vote: October 2012<br />

Results*: CA 64.7%, CMA 93%<br />

New Brunswick<br />

Who’s at <strong>the</strong> table: CA, CMA<br />

Merger proposal issued: TBD<br />

Bermuda<br />

Who’s at <strong>the</strong> table: CA<br />

oted in favour <strong>of</strong> <strong>the</strong>ir respective provincial merger proposals and<br />

Council to decide, where applicable.<br />

Member vote: December 2012<br />

Results*: Members voted to approve<br />

joining CPA Canada.<br />

03 07


CICA tools and resources<br />

New online tool for industry members<br />

Members in Industry Online Resource Centre<br />

Created in conjunction with provincial and territorial institutes/<br />

Ordre, <strong>the</strong> Members in Industry Online Resource Centre is <strong>the</strong><br />

‘go to’ place for top resources related to technical skills, as<br />

well as management and s<strong>of</strong>t skills. It includes publications,<br />

webinars, online content and o<strong>the</strong>r tools on selected topics<br />

designed to help manage your organization and your career.<br />

cica.ca/industry<br />

New Governance, Strategy and Risk resources just a click away<br />

08<br />

For members interested in tax<br />

Check out <strong>the</strong> latest issue <strong>of</strong> CICA’s Talking Tax<br />

Focusing on Canadian tax policy, practices and learning, <strong>the</strong><br />

latest issue <strong>of</strong> CICA Talking Tax covers advocacy around con-<br />

tingency fees, capital dividend account calculations and Bud-<br />

get 2013, along with highlights and presentation downloads<br />

from <strong>the</strong> CICA National Conference on Income Taxes, In-depth<br />

Tax course, and GST Leaders’ Forum.<br />

Get your copy <strong>of</strong> <strong>the</strong> CICA Risk Framework and <strong>the</strong> 20 Questions series <strong>of</strong> publications<br />

To read <strong>the</strong> latest issue or to subscribe go to cica.ca/talkingtax<br />

Your gateway to publications, events and resources on corporate and not-for-pr<strong>of</strong>it governance, audit committees and risk over-<br />

sight under <strong>the</strong> Governance, Strategy and Risk web section under <strong>the</strong> Focus on Practice Areas tab on <strong>the</strong> CICA homepage – add<br />

it to your favourites list and visit <strong>of</strong>ten.<br />

cica.ca/governance<br />

Accounting Standards for NFPOs – new CICA resources posted<br />

<strong>The</strong> accounting framework for not-for-pr<strong>of</strong>it organizations (NFPOs) in Canada has gone through significant change. Private and<br />

government NFPOs are affected. Three new CICA application resources are now available for free download.<br />

For practitioners and <strong>the</strong>ir clients:<br />

• <strong>The</strong> Guide to Accounting Standards for Not-for-Pr<strong>of</strong>it<br />

Organizations in Canada<br />

• Accounting Standards for Private Sector Not-for-Pr<strong>of</strong>it<br />

Organizations (Part III), Transition Considerations for Non-<br />

Complex Entities<br />

For auditors:<br />

• First-time Reporting on Financial Statements Adopt-<br />

ing Canadian Accounting Standards for Not-for-Pr<strong>of</strong>it<br />

Organizations (CICA Handbook Accounting – Part III) or<br />

Public Sector Accounting Standards for Government Not-<br />

for-Pr<strong>of</strong>it Organizations (CICA Public Sector Accounting<br />

Handbook)<br />

A wide range <strong>of</strong> free resources about implementing accounting and assurance standards are available at <strong>the</strong> Applying <strong>the</strong> Stan-<br />

dards section <strong>of</strong> <strong>the</strong> CICA website.<br />

CICA webinar series: Applying IFRS 10, 11 and 13<br />

Set aside three hours in January to learn about new IFRSs. CICA is <strong>of</strong>fering webinars that focus on key changes, common ap-<br />

plication issues and transition considerations <strong>of</strong> three new IFRSs. Each webinar is one hour long – and is targeted at accounting<br />

pr<strong>of</strong>essionals who are implementing <strong>the</strong>se standards, or helping <strong>the</strong>ir clients through <strong>the</strong> implementation process.<br />

• Implementing IFRS 13, Fair Value Measurement<br />

January 16, 2013. 12:30 p.m. ET<br />

• Implementing IFRS 10, Consolidated Financial Statements<br />

January 23, 2013. 12:30 p.m. ET<br />

• Implementing IFRS 11, Joint Arrangements<br />

January 30, 2013. 12:30 p.m. ET<br />

<strong>The</strong> webinars are available in archive following <strong>the</strong> live presentation date. Each webinar qualifies for one hour CPD credit. For<br />

more IFRS application resources from CICA visit cica.ca/IFRS.


MNP Crush win volleyball tournament<br />

<strong>The</strong> MNP Crush defeated True North Finance & Accounting in a closely contested final to win <strong>the</strong> PricewaterhouseCoopers Trophy<br />

at <strong>the</strong> <strong>Institute</strong>’s 17 th Annual Volleyball Tournament. True North took <strong>the</strong> first set (25-19) and MNP came back to win <strong>the</strong> next two<br />

sets with scores <strong>of</strong> 25-19 and 16-14.<br />

Eight teams participated in <strong>the</strong> event held at <strong>the</strong> Universi-<br />

té de Saint-Boniface. Thanks to all participants for making<br />

this a great event again this year.<br />

Runners Up, True North Finance & Accounting (l-r): Rona Rosier, Kevin Wasylik, <strong>the</strong><br />

team’s junior coach, Kerry Boucher, Joelle Caron, Peter Hamel, Rachelle Hiebert,<br />

Thomas Becker.<br />

MNP Crush, tournament champions (l-r): Bhavesh Mistry, Crystal Smith, Dale Burton, Amber<br />

Kirkup, Nico Villanueva, Stacey Stott, Wayne Lusk.<br />

Carol Bellringer appointed to IFAC Board<br />

<strong>Manitoba</strong>’s Auditor General, Carol Bellringer, FCA, was ap-<br />

pointed as a new member <strong>of</strong> <strong>the</strong> International Federation <strong>of</strong><br />

<strong>Accountants</strong> (IFAC) Board. Carol replaces CICA President<br />

and CEO Kevin Dancey, FCA, whose term on <strong>the</strong> IFAC Board<br />

expired this year.<br />

With Carol’s appointment, <strong>the</strong>re are now four pr<strong>of</strong>essional<br />

accountants from <strong>Manitoba</strong> serving in important roles within<br />

IFAC. Considering our province represents 3-4% <strong>of</strong> <strong>the</strong> pro-<br />

fessional accountants in <strong>the</strong> country, <strong>Manitoba</strong> is playing an<br />

important role in <strong>the</strong> future direction <strong>of</strong> <strong>the</strong> accounting pr<strong>of</strong>es-<br />

sion on a global basis.<br />

<strong>Manitoba</strong>’s representatives at <strong>the</strong> international table are:<br />

• Carol Bellringer, FCA, IFAC Board<br />

• Steve <strong>View</strong>eg, FCMA, IFAC Board<br />

• Gary Hannaford, FCA, International Ethics Standards<br />

Board for <strong>Accountants</strong> (IESBA).<br />

• Todd Scaletta, FCMA, IFAC’s Pr<strong>of</strong>essional <strong>Accountants</strong> in<br />

Business (PAIB) Committee<br />

Each <strong>of</strong> <strong>the</strong>se individuals will become a member <strong>of</strong> CPA Mani-<br />

toba once <strong>the</strong> merger is finalized.<br />

IFAC is <strong>the</strong> global organization for <strong>the</strong> accountancy pr<strong>of</strong>ession, dedicated to serving <strong>the</strong> public interest by streng<strong>the</strong>ning <strong>the</strong> pro-<br />

fession and contributing to <strong>the</strong> development <strong>of</strong> strong international economies. It is comprised <strong>of</strong> 173 members and associates in<br />

129 countries and jurisdictions, representing approximately 2.5 million accountants.<br />

<strong>The</strong> IESBA is an independent standard-setting board that develops <strong>the</strong> Code <strong>of</strong> Ethics for Pr<strong>of</strong>essional <strong>Accountants</strong>. <strong>The</strong> structures<br />

and processes that support <strong>the</strong> operations <strong>of</strong> <strong>the</strong> IESBA are facilitated by <strong>the</strong> International Federation <strong>of</strong> <strong>Accountants</strong> (IFAC).<br />

<strong>The</strong> PAIB Committee provides leadership and guidance on relevant issues pertaining to pr<strong>of</strong>essional accountants in business and<br />

<strong>the</strong> business environments in which <strong>the</strong>y work.<br />

09 03


PD in <strong>the</strong> New Year<br />

Full course descriptions can be found in <strong>the</strong> 2012-13 PD Catalogue or online at<br />

icam.mb.ca > Pr<strong>of</strong>essional Development > Seminars. Register today!<br />

Not-for-Pr<strong>of</strong>it Organizations – <strong>The</strong> New<br />

Accounting Standards (Part III) (Jan. 4)<br />

Review and Compilation Engagements<br />

(Jan. 7)<br />

Accounting, Auditing and Pr<strong>of</strong>essional<br />

Practice Update (Jan. 8)<br />

Income Tax Planning Refresher for<br />

Corporate Tax (Jan. 9 & 10)<br />

GST Update (Jan. 11 am)<br />

Taxation <strong>of</strong> Employee Benefits<br />

(Jan. 11 pm)<br />

Income Tax Planning Refresher for<br />

Personal Tax (Jan. 14 & 15)<br />

GST Issues for <strong>the</strong> Non-Pr<strong>of</strong>it Sector<br />

(Jan. 16)<br />

RIP – Tax Compliance Matters Related<br />

to Terminal Filing Preparation (Jan. 17)<br />

Tax Decisions With Long Term<br />

Implications for <strong>the</strong> General<br />

Practitioner (Jan. 18)<br />

Creative Compensation and Fringe<br />

Benefits for Small Business (Jan. 21)<br />

Estate Planning for High Net Worth<br />

Individuals (Jan. 22)<br />

Corporate Reorganizations (Jan. 23)<br />

Fraud Happens! What To Do When You<br />

Suspect Fraud (Jan. 24)<br />

10<br />

Advanced Tax Planning Strategies<br />

(Jan. 25)<br />

It’s All About <strong>the</strong> People – Building<br />

Your Management Team for Maximum<br />

Performance (Jan. 28)<br />

Planning to Achieve Competitive<br />

Advantage (Jan. 29)<br />

Performance Management (Jan. 30)<br />

Strategy Driven Budgeting - An<br />

Introduction (Jan. 31)<br />

Writing for Impact and Results (Feb. 1)<br />

Excel Based Dashboards (Feb. 4 am)<br />

Excel Reporting - Best Practices, Tools<br />

and Techniques (Feb. 4 pm)<br />

CRA Tax Audit and <strong>the</strong> Litigation<br />

Process (Feb. 5)<br />

Income Tax Update 2012 (Feb. 6)<br />

<strong>PDF</strong> Documents - What <strong>Accountants</strong><br />

Need to Know (Feb. 7 am)<br />

<strong>PDF</strong> Forms - What <strong>Accountants</strong> Need<br />

to Know (Feb. 7 pm)<br />

Technology for <strong>Accountants</strong> - Don’t Get<br />

Left Behind (Feb. 8 am)<br />

Charting With Micros<strong>of</strong>t Office -<br />

Communicate More Effectively<br />

(Feb. 8 pm)<br />

General Practitioners “Need to Know…”<br />

(Feb. 11)<br />

PSAB 101 (Feb. 12)<br />

PSAB Government Not-for-Pr<strong>of</strong>it<br />

Organizations (Feb. 13 am)<br />

<strong>The</strong> Power <strong>of</strong> Employee Coaching<br />

(Feb. 14)<br />

Employee Motivation and Recognition<br />

(Feb. 15)<br />

Manage Your Time and Your Life<br />

(Feb. 19)<br />

Inspiring Leadership - Engage <strong>the</strong><br />

Power and Passion <strong>of</strong> People (Feb. 20)<br />

Controllership (Feb. 21 & 22)<br />

Ten Practical Topics for <strong>Accountants</strong> in<br />

Leadership (Feb. 25)<br />

Practical Tips for Controllers and CFOs<br />

(Feb. 26)<br />

Tax Issues in Real Estate – What Do You<br />

Need to Know? (Feb. 27)<br />

Writing Proposals That Win Business<br />

(Feb. 28)<br />

Advanced Word (Mar. 25)<br />

Advanced PowerPoint (Mar. 28)


Here and <strong>The</strong>re<br />

WITH MEMBERS<br />

Unless o<strong>the</strong>rwise noted, members are resident in Winnipeg.<br />

BODNARCHUK, Brian W. (2002) previ-<br />

ously with Credit Union Central is now<br />

Assistant Vice President, Corporate Fi-<br />

nancial Reporting with <strong>The</strong> Great-West<br />

Life Assurance Company.<br />

CAMPBELL, Cynthia C. (1998) formerly<br />

with <strong>The</strong> Canadian Wheat Board is now<br />

Executive Director, Finance and Cor-<br />

porate Controller at <strong>Manitoba</strong> Public<br />

Insurance.<br />

News<br />

OF MEMBERS<br />

Welcome to New Members<br />

Admitted by Examination<br />

Cassandra Leanne ALLEN<br />

Jiaying QIAN<br />

Isabel REYES<br />

Jennifer Lauren WALKER<br />

Admitted by Affiliation<br />

Harbinder Ricky CHAWLA (Ontario)<br />

Candice Dulaine CHERRY (Alberta)<br />

Exemption from Membership Fees<br />

Richard LODGE (1999)<br />

IN MEMORIAM<br />

We record with regret <strong>the</strong> passing <strong>of</strong>:<br />

Keith Wilson CAMPBELL<br />

(Member 1948)<br />

Passed Away March 17, 2012<br />

Thomas Best HENDRY<br />

(Member 1955; FCA 1986)<br />

Passed Away December 2, 2012<br />

CORTENS, David A. (1981) previously<br />

with EMW Industrial Ltd is now with<br />

International Road Dynamics.<br />

ENRIGHT, Joseph E. (2011) formerly with<br />

Deloitte & Touche LLP is now Regional<br />

Accounting Manager with Arctic Glacier.<br />

GAUTHIER, Malissa C. (2003) previously<br />

with <strong>the</strong> Winnipeg Regional Health<br />

Authority is now Controller at <strong>The</strong> Floor<br />

Show.<br />

Resigned<br />

Upon moving to ano<strong>the</strong>r province or<br />

territory in Canada or to Bermuda and<br />

obtaining membership with that Insti-<br />

tute, members who do not wish to re-<br />

tain <strong>Manitoba</strong> membership are required<br />

to advise <strong>the</strong> <strong>Manitoba</strong> <strong>Institute</strong> in order<br />

to avoid suspension or termination <strong>of</strong><br />

<strong>the</strong>ir <strong>Manitoba</strong> membership. In most<br />

cases, members who resign no longer<br />

reside in <strong>Manitoba</strong> but continue to hold<br />

membership in ano<strong>the</strong>r provincial Insti-<br />

tute. Upon resignation, members must<br />

return <strong>the</strong>ir membership certificates in<br />

order for <strong>the</strong>ir resignation to be accept-<br />

ed “in good standing”.<br />

In Good Standing<br />

Pierre Edward MORRIS<br />

Member 2003<br />

(Residing in Calgary, AB)<br />

Cheryl Marlene POSTEN<br />

Member 1981<br />

(Residing in Calgary, AB)<br />

Yuan Yuan XU<br />

Member 2010<br />

(Residing in Toronto, ON)<br />

GIESBRECHT, Kyle M. (2010) previously<br />

with <strong>the</strong> Rural Municipality <strong>of</strong> Spring-<br />

field is now with Vehicle and Equipment<br />

Management Agency as Manager <strong>of</strong><br />

Finance and Administration.<br />

JEFFREY, Darryl E. (1997) formerly with<br />

Polar Windows Canada is now Director<br />

<strong>of</strong> Finance with Westeel Limited.<br />

KINGDON, Fauna L. (2009) previously<br />

with Tribal Council Investments is now<br />

Controller for Nygard International.<br />

MINAKER, Keith C. (1985) formerly with<br />

Provincial Aerospace Ltd. in Newfound-<br />

land is now Chief Executive Officer at<br />

<strong>the</strong> <strong>Institute</strong> <strong>of</strong> <strong>Chartered</strong> <strong>Accountants</strong><br />

<strong>of</strong> Newfoundland.<br />

ROBERT, Danielle L. (2012) previously<br />

with KPMG LLP is now Senior Financial<br />

Reporting Analyst for Artis REIT.<br />

SPIVAK, Marly R. (1998) formerly with<br />

Investors Group is now Director, Taxa-<br />

tion with <strong>The</strong> North West Company.<br />

YOSYK, Michael G. (2003) previously<br />

with Peterson Group has joined MYPD<br />

<strong>Chartered</strong> <strong>Accountants</strong> as a Partner.<br />

FIRM CHANGES<br />

<strong>The</strong> firm Candice Cherry <strong>Chartered</strong><br />

Accountant was approved as a public<br />

practice.<br />

<strong>The</strong> firms Ramona Tkachuk <strong>Chartered</strong><br />

Accountant Inc and R.A. Nylen Char-<br />

tered Accountant were deregistered.<br />

<strong>The</strong> firm MYPD <strong>Chartered</strong> <strong>Accountants</strong><br />

was approved as a public practice and<br />

consequently <strong>the</strong> firm PDL <strong>Chartered</strong><br />

<strong>Accountants</strong> was deregistered.<br />

03 11


Contact Us <strong>The</strong> <strong>Institute</strong> <strong>of</strong> <strong>Chartered</strong> <strong>Accountants</strong> <strong>of</strong> <strong>Manitoba</strong><br />

Gary Hannaford FCA<br />

Chief Executive Officer<br />

ghannaford@icam.mb.ca Direct Line: 204 924.4410<br />

Kathy Zaplitny CA<br />

Sr. Director <strong>of</strong> Pr<strong>of</strong>essional Services & Operations<br />

kzaplitny@icam.mb.ca Direct Line: 204 924.4411<br />

Kim Metcalfe CA<br />

Director <strong>of</strong> Student Recruitment and Ethics<br />

kmetcalfe@icam.mb.ca Direct Line: 204 924.4419<br />

Dianne Laidler CMA<br />

Director <strong>of</strong> Administration<br />

dlaidler@icam.mb.ca Direct Line: 204 924.4412<br />

Shirley Sommer CA<br />

Registrar<br />

ssommer@icam.mb.ca Direct Line: 204 924.4414<br />

Tanya Beck<br />

Manager <strong>of</strong> Communications<br />

tbeck@icam.mb.ca Direct Line: 204 924.4416<br />

12<br />

GRADS<br />

GET YOUR GIFT.<br />

CA insurance Plans West <strong>of</strong>fers new CA grads more than our congratulations. We also <strong>of</strong>fer real peace <strong>of</strong><br />

mind about your own security with a $50,000 Term Life Policy free for <strong>the</strong> first year. It’s our way <strong>of</strong> letting<br />

you know that we’ll always be here to meet your insurance requirements. As a non-pr<strong>of</strong>it association<br />

<strong>of</strong> <strong>the</strong> four Western CA <strong>Institute</strong>s creating custom insurance solutions for <strong>the</strong> CA community is in our<br />

nature. And in our name.<br />

CA Insurance Plans West <strong>of</strong>fers coverage exclusively to CAs and CA firms.<br />

Term Life Insurance • Long Term Disability • Medical and Dental • Home Insurance • Office Contents<br />

Visit caipw.ca or call 1.800.661.6430<br />

Practice Advisory Services Line<br />

204 942.8248 ext. 211<br />

Jody Bibeau<br />

Receptionist/Clerk<br />

jbibeau@icam.mb.ca Direct Line: 204 942.8248<br />

Michelle Chartrand<br />

Executive Assistant<br />

mchartrand@icam.mb.ca Direct Line: 204 924.4418<br />

Darlene Kochanski<br />

Communications Assistant<br />

dkochanski@icam.mb.ca Direct Line: 204 924.4415<br />

Marie Kostiuk<br />

PD Coordinator<br />

mkostiuk@icam.mb.ca Direct Line: 204 924.4413<br />

Kimberly Leung<br />

Assistant Registrar & Accounting Assistant<br />

kleung@icam.mb.ca Direct Line: 204 924.4417<br />

Effie Siguenza<br />

Acting Assistant Registrar<br />

esiguenza@icam.mb.ca 204 942.8248 ext. 209<br />

COMING<br />

EVENTS<br />

Convocation Dinner & Dance<br />

Winnipeg Convention Centre<br />

Saturday, February 2, 2013<br />

Convocation 12:30 pm<br />

Reception 6:00 pm<br />

Dinner 6:45 pm<br />

CA Curling Bonspiel<br />

Assiniboine Memorial Curling Club<br />

March 2, 2013<br />

1:00 pm - 6:00 pm<br />

Eric Mitchell Hockey Tournament<br />

Tentative - awaiting confirmation on<br />

booking details<br />

MTS Iceplex<br />

Saturday, April 13, 2013<br />

Friday evening, April 12, 2013<br />

(if expanded to a 2-day tournament)<br />

This is <strong>the</strong> last paper edition<br />

<strong>of</strong> Folio.<br />

E-folio will now be delivered to your inbox.<br />

This issue (#180) was also sent as an e-folio<br />

on December 19th . If you did not receive<br />

your e-folio, please contact <strong>the</strong> <strong>Institute</strong> at<br />

icam@icam.mb.ca. Editions <strong>of</strong> e-folio can<br />

also be viewed on <strong>the</strong> <strong>Institute</strong>’s website at<br />

icam.mb.ca > Publications > Folio.<br />

Folio published by:<br />

<strong>The</strong> <strong>Institute</strong> <strong>of</strong> <strong>Chartered</strong> <strong>Accountants</strong> <strong>of</strong> <strong>Manitoba</strong><br />

700 - One Lombard Place, Winnipeg, MB R3B 0X3<br />

Tel: 204 942.8248 Fax: 204 943.7119<br />

Toll Free in MB: 1 888 942.8248<br />

icam@icam.mb.ca www.icam.mb.ca

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