Due to the complexity of government subsidy and funding programs and the many steps involved in applying for them, farmers don’t always take advantage of the opportunities available to them. In some cases, farmers who already rely on one program mistakenly believe that there’s nothing else out there for them. That may not be the case, however.
The International Accounting Standards Board (IASB) has published a new standard, IFRS 15 Revenue from Contracts with Customers (IFRS 15). IFRS 15 sets out requirements for recognizing revenue that apply to all contracts with customers and replaces the myriad of current revenue standards.
This new standard is effective for annual reporting periods beginning on or after January 1, 2018.
The Latest at Collins Barrow Ottawa
Montreal, QC – Collins Barrow Montreal is proud to participate in the 1st Annual Pro-Am for Alzheimer’s on June 3 and 4. The one-of-a-kind hockey tournament teams up everyday fans with some of the world’s greatest players, in support of this important cause.
Members of partnerships or shareholders (in certain corporate structures) – take note! The 2016 Federal Budget proposes to extend partnership income rules to certain partnership and corporate structures , which may:
- limit your small business deduction on active business income (ABI) earned from the partnership or corporate structure, and
- increase your corporate tax liability
Your go-to resource for investment banking, transaction structuring, M&A and capital advice — whether you’re a buyer, seller, lender, private equity investor or focused on growing or restructuring your business — our Corporate Finance professionals are masters of the art of the deal.
Winnipeg, MB – Collins Barrow HMA LLP is taking the fight against cancer to the open waters, proudly competing in the 2016 Canadian Cancer Society River City Dragon Boat Festival in Winnipeg on June 3 and 4.
London, ON – Collins Barrow KMD LLP London is gearing up to trade calculators for soccer balls this month, when it joins KickAbout: London’s Charity Soccer Tournament in support of St. Joseph’s Health Care Foundation.
“This article was originally written for and published by the Financial Management Institute of Canada for the March 2016 edition of the fmi*igf Journal. Authored by Charan Kumar Bommireddipalli of Collins Barrow Toronto LLP and Leena Patel of Collins Barrow Ottawa LLP.”
Intelligence gathering has been an integral part of statecraft, so is information protection.
Toronto, ON – Collins Barrow Toronto Partner Ben Gibbons will share his expertise at a York District CPA Association CPD session on May 18, 2016, highlighting the opportunities stemming from the rise of alternative financing platforms.