CGI Group, Inc. has won the Award of Excellence for Corporate Reporting in Life Sciences/Technology from the Canadian Institute of Chartered Accountants (CICA).
CGI rated highest in the Life Sciences/Technology sector for its financial reporting, corporate governance disclosure and electronic disclosure.
CGI’s governance and disclosure practices are firmly anchored in its culture, with a breadth and scope that extends well beyond the requirements currently reflected in regulatory initiatives. One of the important features that contribute to CGI’s uniqueness as a company is that it is built from the ground up on a very sound and solid foundation that emphasizes the importance of good governance and of achieving a fundamental balance between the interests of its shareholders, its clients and its employees (whom CGI calls members).
“While achieving our business objectives is vitally important, the way we do business is equally important. At CGI we have always understood, and valued, the link between sound, ethical business practices and the creation of shareholder value,” said Michael E. Roach, President and CEO. “CGI was founded on the principle of seeking the appropriate and fair equilibrium among the interests of our key stakeholders. We are pleased that CICA, a group so dedicated to full, fair, and transparent disclosure, sees CGI as a leader in corporate reporting.” ***
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PriceMetrix is a software firm that helps retail wealth management firms and their advisors optimize selling efforts, manage clients, identify growth opportunit ...
Steve Husk, CEO of FRSGlobal, discusses the factors financial institutions are faced with in order to equip themselves against the current regulatory environment.
The adoption of IFRS for Canadian companies is in full swing. As of January 1, 2010, Canadian companies are required to file financial statements under IFRS. Although Canadian GAAP and IFRS are similar, there are three main differences that have posed a challenge for companies: effectiveness testing, hedge accounting eligibility, and fair value measurement. While not an exhaustive list, these issues have posed the greatest challenge for Canadian corporations during the first quarter of 2010. The following paper clarifies some of the differences in hedge accounting between Canadian GAAP and IFRS and shares best practices for hedge accounting to help Canadian corporations navigate through the transition.
With this Spring 2010 Edition of the Phone System Comparison Chart quickly see differences between brands like Avaya, Mitel, Cisco, ShoreTel, 8x8, Panasonic, etc and compare over 94 phone systems by 52 brands for small to big business.