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e. Employee benefits and benefits in kind (especially in British English ), also called fringe benefits, perquisites, or perks, include various types of non-wage compensation provided to employees in addition to their normal wages or salaries. [ 1] Instances where an employee exchanges (cash) wages for some other form of benefit is generally ...
CPA Canada conducts research on business issues, [7] supports the setting of accounting, auditing and assurance standards for business, non-profits and government, [8] issues guidance and leadership connected to accounting, auditing, assurance and financial literacy, [9] and generally supports the profession of accounting in Canada. [10] [11]
The Canada Revenue Agency ( CRA; French: Agence du revenu du Canada; ARC) is the revenue service of the Canadian federal government, and most provincial and territorial governments. The CRA collects taxes, administers tax law and policy, and delivers benefit programs and tax credits. [ 4] Legislation administered by the CRA includes the Income ...
Chartered Professional Accountant. Chartered Professional Accountant ( CPA; French: comptable professionnel agréé) is the professional designation which united the three Canadian accounting designations that previously existed: Chartered Accountant ( CA ), Certified General Accountant ( CGA) Certified Management Accountant ( CMA ). [1]
Accounting. Generally Accepted Accounting Principles ( GAAP) or GAAP ( Canada) of Canada provided the framework of broad guidelines, conventions, rules and procedures of accounting. In early 2006, the AcSB decided to completely converge Canadian GAAP with international GAAP, i.e. International Financial Reporting Standards (IFRS), as set by the ...
An employee ownership trust ( EOT) holds a permanent or long-term shareholding in a company on trust for the benefit of all the company's employees. An EOT provides indirect (trust) employee ownership of a company. Among the different forms of employee ownership, the trust model may, in particular, be chosen instead of employees owning shares ...
The Public Service of Canada (known as the Civil Service of Canada prior to 1967) is the civilian workforce of the Government of Canada 's departments, agencies, and other public bodies. While the Government of Canada has employed civil servants to support its functions since Confederation in 1867, positions were initially filled through ...
MNP LLP. MNP (previously known as Meyers Norris Penny) is one of the largest full-service chartered professional accountancy and business advisory firms in Canada. MNP's head office is in Calgary, Alberta, and has offices from Vancouver Island to St. John's. MNP's 127 offices span across 10 out of 13 of the provinces and territories of Canada ...