In This Issue
Upcoming Events
Technology Tip - Portals
Professional Liability Coverage
Members' Morning Recap
Leadership - Empowerment
Quick Links
 
Websites

Upcoming Events
June Calendar
 
2020 Canada Webinars

40 webinars are scheduled to begin September 1. Please go to the website for details

September Webinars

Website Search Engine Optimization
Peter Bowen,
Conscious Solutions, UK
Tuesday, Sept. 1, 1:00 pm

Accounting as a Business
Arun Parameswaran, CPA
Astutant, Naples Florida

Tuesday Sept 8, 1:00 pm

Hiring Strategies
Marc Belaiche, CA
President, Toronto Jobs.ca
Tuesday, Sept. 15, 1:00 pm


Mergers & Acquisitions of Accounting Practices
Joel Sinkin
President, Accounting Transition Advisors
Tuesday, Sept. 22, 1:00 pm

One Day They Will Sell - Help Your Clients Plan for a Voluntary Sale
Grant Robinson, CA, CFP
Director, SuccessCare
Tuesday Sept. 29, 1:00pm

2020 Canada Seminars
Vancouver, BC

Implementing Wealth Management

Paul Tyers, CA, CFP, CIM Managing Director, Wealth Stewards
Don Nilson, B. Comm., M.Sc., FCMA,CFP,  TEP Principal,
Nilson & Company  /
AFT TRIVEST Management

Vancouver, BC
The Vancouver Aquarium
Stanley Park
Sept. 24, 1:00 - 5:00 pm

2020 International Conference
Marbella, Spain

October 16-18, 2009
Details



Legal News -
Professional Designations

In a recent article in the Toronto Star, Nicholas Keung, detailed new Ontario Provincial legislation, Bill 158, that will restrict the use of foreign-earned designations by accounting professionals.

Bill 158, Accounting Professions Act, 2009, serves to repeal and replace the statutes governing the the Certified General Accountants Association of Ontario, the Certified Management Accountants and the Institute of Chartered Accountants of Ontario. It has passed first reading. Click here for the full pdf version.

The Star article states that professional accountants with designations from other countries will not be able to use
them in promoting their services or their business, with a potential fine of $10,000 for continued use.

While the article only refers to two designations - CIMA (Chartered Insitute of Management Accountants) and ACCA (Association of Chartered Certified Accountants) - we must presume that the CPA designation (Certified Public Accountant) would be affected as well.

The Ontario Government says the bill is meant to ensure greater transparency for the public and give regulators new powers to protect consumers.

Click here for the full article.
Welcome to our Newest Member

John Cruise, CA
Mississauga

We hope to see you at our upcoming events and at our National Conference in September.
New Option for Professional Liability Coverage in Canada
 
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Canadian firms now have another option for their accountant's professional liability insurance coverage! Firms we have spoken with that have looked into this option report significant reductions in premiums quoted.
 
NAPLIA can start preparing an alternative to your current coverage when you provide the following via fax at 508-656-1399 or scan and e-mail to stevev@naplia.com
1) A copy of your firm's renewal application to your current carrier.
2) A copy of the current professional liability declarations page and policy

Contact:
Stephen Vono
steve@naplia.com  -  www.naplia.com
Sign Up
2020 International LogoThe 
Canadian Innovator
Greetings!
 
inukshuk sm

Make your personal Inukshuk!

Inukshuks (the actual plural is inuksuit) are stone figures created by the first inhabitants of the Canadian north, the Inuit. The word "inuksuk" is an Inuktitut word meaning "to act in the capacity of a human" The arrangement of stones indicates the purpose of the marker. The directions of arms or legs could indicate the direction of an open channel for navigation, or a valley for passage through the mountains.

While the summer heats up and the work slows down a bit, now is the time to think about the direction of your business and how to make your mark in your business, your client's business and in your community. How to move your firm from Good to Great, what technologies and new services to implement and how to get the most out of your firm and your life.

Our Leadership article this month is on Self-Preservation.

As always, we have a new inspirational movie for you on the lighter side. Even if you can't get out of the office to enjoy the summer afternoon, here is a movie to give you a smile.
2020 Canada National Conference

"Good To Great"
hedgehog

September 17 & 18
Niagara Falls, ON
Sheraton Fallsview Hotel

This will be out 5th Annual conference and we have a wonderful line-up of speakers and activities.

With the Theme of Good to Great, based on Jim Collins best-selling book, we will lok at ways to take your firm from good to great. On Day 1 we will start off with Chris Frederiksen discussing the "hedgehog" concepts and how they apply to your firm. We will then focus on Compliance issues with Stuart Hartley, speaking on the New Quality Control Manual, then Tax updates form our favourite tax experts, Brian Wilson and Henry Gluch from the CRA. Don Nilson will be our Guest Speaker that evening at Dinner.
 
Friday, we focus more on management and leadership issues starting with Joel SInkin on Firm Valuation and how to get the most for your practice, then Hilary Lochhead will address leading through transitions within the firm and finally, Glen Marshall, Ph.D will speak on the topic of "When Leaders Don't Lead, Organizations Don't Grow"

Please see our agenda on our website. The full brochure will be available in PDF format shortly.

Please download the Registration Form here.

We have negotiated reduced room rates at the Sheraton Fallsview Hotel plus free parking over the course of the conference. Please go to the 2020 Conference Online Accommodation Registration page or call 1-877-353-2557 and mention the 2020 Group Code - TCI17A.
 
Sheraton Fallsview


Leadership -
Self-Preservation
Dr. John C. Maxwell - Leadership Wired

The most recognizable symbols of Ancient Egypt - the mummy and the pyramid - were elaborate attempts at self-preservation. The Egyptian pharaohs believed their spirits would remain inside their bodies after death to embark on a journey into the afterlife. On account of this belief, the pharaohs spared no expense to ensure their bodies would transition securely and comfortably into the hereafter. It was not uncommon for a pharaoh to begin drawing up plans for his pyramid as the first order of business after ascending to the throne.

Generations of Egyptians were forced into decades of backbreaking labor to build pyramids so that the deceased body of one pharaoh would be pampered in the afterlife. To construct a pyramid, stones averaging 2.5 tons had to be hewn out of rock quarries by laborers with primitive tools, hauled across the desert, and carried up ramps to be set into place. Archeologists estimate the Pyramids at Giza took between 20,000 and 30,000 workers about 80 years to build!

The primary purpose of the extravagant pyramids was to protect the pharaoh's body, which itself was mummified for maximum preservation. A team of embalmers spent 70 days performing a variety of activities to prepare a pharaoh's body for burial. When they had finally finished, the mummy was laid to rest in an ornate coffin and placed inside of the pyramid.

The pharaohs exhausted staggering amounts of their kingdom's wealth and work force to preserve themselves. The exorbitant expenditures left many Egyptians in poverty and robbed the economy of essential funds. By frittering away national resources on self-preservation, the pharaohs likely accelerated the deterioration of their mighty kingdom.

For the complete article, please download here.

Over the past two years I have been involved in a physical challenge that I never could have foreseen.  Melanie Latimer and I started to train for mini triathlons.  The event consists of a 375 meter swim, followed by a 10km bike ride, then a 2.5km run (walk/jog in my case).  What is really exciting is the anticipation of the tailgate party at the end that is prepared for us by our husbands Paul and Richard.  Well, Paul and Richard now have the bug and they are training for their inaugural Tri-a-tri in August in the first annual Bobby Orr event in Parry Sound.  If there is anyone wanting to join us on August 22nd; please follow the link www.townofparrysound.com/2009triathlon/ .
 
When I think of 2020 Canada it too is divided into three areas; Professional Development, Resources, and Membership.  Each of the three areas is extremely important to us.  Over the past two weeks Richard and I have seen some amazing technology that will help you improve the efficiency of your practices.  We will be introducing the technology over the next several months.  Professional Development: we couldn't be more excited about the line up of webinars for the fall.  The speakers for the conference are amazing (we have had several delegates sign up already). This is shaping up to be one of our best conferences yet.  Last but not least-our members; it is a pleasure to speak to you on a regular basis to find out what is happening in your firms and how you are doing personally.  We are blessed to be working in such a unique niche.  
 
Complete your registrations for the fall webinars; pencil in the Conference for Sept. 17th & 18th then enjoy the rest of the summer.

 
As always, if you have any questions or comments, please contact me at peggy.tyers@2020canada.ca .
 
peggytyers

Sincerely,


Peggy Tyers
2020 Canada