Grant Thornton Feed: Industries/Segments Keep informed, subscribe to our feed and get our latest updates. 2011-11-16T12:00:00-05:00 Grant Thornton Canada http://www.grantthornton.ca Succeeding at succession: structuring your transition plan urn:uuid:-resources-insights-white_papers-Succeeding_at_Succession_Structuring_your_transition_plan 2012-05-10T10:21:16-05:00 Matching your objectives with your exit strategy. In the early years of a privately held business, it’s not uncommon for owners to follow Bob Dylan’s risk mitigation strategy: when you got nothing, you got nothing to lose. Over time, those who successfully employ that strategy, as well as more conventional ones, frequently find themselves with something—a profitable business, and much to lose—wealth, family harmony and more. International business report 2011—Managing through uncertainty: Food and beverage industry in transition urn:uuid:-resources-insights-reports-GTI_IBR_Food_and_beverage_2011.pdf 2011-12-14T13:39:18-05:00 Food and beverage: privately held businesses in the food and beverage sector are less confident than those in other sectors about their economic prospects. <a href="http://www.grantthornton.ca/resources/insights/reports/GTI_IBR_Food_and_beverage_2011.pdf?jsmobile=0" >click to open PDF</a> Canadian businesses remain relatively optimistic in the face of global economic uncertainty urn:uuid:-resources-insights-reports-IBR_Q3_Optimism_Canadian_commentary_2011.pdf 2011-12-06T14:19:49-05:00 In light of the recent economic troubles in Europe and beyond, the IBR Q3 results point to a global business community not wholly optimistic about the year ahead. However, despite the significant drop in optimism in Canada, businesses in the country still rank as the sixth most optimistic in the 39 economy survey. This report provides some Canadian insight into the IBR Q3 results. <a href="http://www.grantthornton.ca/resources/insights/reports/IBR_Q3_Optimism_Canadian_commentary_2011.pdf?jsmobile=0" >click to open PDF</a> Succeeding at succession: identifying and engaging successors urn:uuid:-resources-insights-white_papers-GTI_Succession_indentifying_engaging_successors_2011.pdf 2011-12-05T09:35:31-05:00 Who to choose? That is the question facing an increasing number of individuals seeking to transfer ownership of a privately held business—and one of the many surrounding business succession addressed in this white paper from Grant Thornton International. <a href="http://www.grantthornton.ca/resources/insights/white_papers/GTI_Succession_indentifying_engaging_successors_2011.pdf?jsmobile=0" >click to open PDF</a> urn:uuid:-resources-insights-articles-OECD_on_course_for_draft_guidance_transfer_pricing_intangible_assets_November_2011.pdf 2011-11-24T09:55:27-05:00 An overview of the developments that came out of the three-day conference where representatives of OECD member country tax administrations met with multinational businesses and experts to discuss the future of the transfer pricing aspects of intangible assets. <a href="http://www.grantthornton.ca/resources/insights/articles/OECD_on_course_for_draft_guidance_transfer_pricing_intangible_assets_November_2011.pdf?jsmobile=0" >click to open PDF</a> Alerte de votre conseiller—États financiers consolidés types 2011 urn:uuid:-resources-insights-adviser_alerts-Alerte_de_votre_conseiller_Etats_financiers_consolides_type_Octobre_2011.pdf 2011-11-15T12:32:15-05:00 Ce bulletin Alerte de votre conseiller présente la version 2011 des états financiers consolidés types, intitulée Reporting under IFRS: Example Consolidated Financial Statements 2011 and guidance notes, (disponible en anglais seulement) qui a été publiée par l’équipe IFRS de Grant Thornton International. <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/Alerte_de_votre_conseiller_Etats_financiers_consolides_type_Octobre_2011.pdf?jsmobile=0" >click to open PDF</a> Adviser alert—Example Consolidated Financial Statements 2011 urn:uuid:-resources-insights-adviser_alerts-Adviser_alert_ GTI_Example_Consolidated_FS_October_2011.pdf 2011-11-15T12:32:04-05:00 This adviser alert accompanies “Example Consolidated Financial Statements 2011,” a publication released by the Grant Thornton International IFRS team that illustrates the look and feel of IFRS financial statements and provides a realistic example of their presentation. <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/Adviser_alert_ GTI_Example_Consolidated_FS_October_2011.pdf?jsmobile=0" >click to open PDF</a> Adviser Alert: Exposure Draft—Investment Entities urn:uuid:-resources-insights-adviser_alerts-Adviser_alert_ED_Investment_Entities_November_2011.pdf 2011-11-15T12:27:34-05:00 A summary of the IASB’s proposal to define investment entities as a separate type of entity that would be exempt from the consolidation requirements of IFRS 10 Consolidated Financial Statements. <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/Adviser_alert_ED_Investment_Entities_November_2011.pdf?jsmobile=0" >click to open PDF</a> Alerte de votre conseiller—Exposé-sondage : Entités d’investissement urn:uuid:-resources-insights-adviser_alerts-Alerte_de_votre_conseiller_ES_Entites_d_investissement_Novembre_2011.pdf 2011-11-15T12:27:31-05:00 Un résumé du plan d’IASB qui propose de définir une entité d’investissement comme un type distinct d’entité qui serait exemptée des dispositions relatives à la consolidation de l’IFRS 10, États financiers consolidés. <a href="http://www.grantthornton.ca/resources/insights/adviser_alerts/Alerte_de_votre_conseiller_ES_Entites_d_investissement_Novembre_2011.pdf?jsmobile=0" >click to open PDF</a> Succeeding at succession: establishing the value of your company urn:uuid:-resources-insights-white_papers-Establishing-the-value-of-your-company.pdf 2011-11-09T14:25:35-05:00 A Grant Thornton International white paper advising that a well-framed succession plan should include laying the foundation for long-term growth by strengthening the value of your business. <a href="http://www.grantthornton.ca/resources/insights/white_papers/Establishing-the-value-of-your-company.pdf?jsmobile=0" >click to open PDF</a> urn:uuid:-resources-insights-articles-First_Nations_When_is_interest_income_tax_exempt_November_2011.pdf 2011-11-03T14:52:29-05:00 A recent Supreme Court of Canada (SCC) decision, Dubé v The Queen, has resulted in a significant change in the legal landscape with regard to the tax exempt status of interest income for members of the First Nations community <a href="http://www.grantthornton.ca/resources/insights/articles/First_Nations_When_is_interest_income_tax_exempt_November_2011.pdf?jsmobile=0" >click to open PDF</a> Update on private and public company shares held in your RRSP urn:uuid:-resources-insights-articles-Update_on_private_and_public_company_shares_in_your_RRSP_October_2011.pdf 2011-10-20T10:27:34-05:00 If you hold private or public company shares in your RRSP, new measures originally proposed as part of the 2011 federal budget could have an impact on you. <a href="http://www.grantthornton.ca/resources/insights/articles/Update_on_private_and_public_company_shares_in_your_RRSP_October_2011.pdf?jsmobile=0" >click to open PDF</a> Private company succession planning: where do you stand? urn:uuid:-resources-insights-reports-Private_Company_Sucession_Planning_Where_do_you_stand_2011.pdf 2011-10-18T15:17:44-05:00 Conducted by the Canadian Financial Executives Research Foundation (CFERF) and sponsored by Grant Thornton LLP, this research study delves into some of the challenges facing CFOs or senior financial executives managing a business transition—and features insight into overcoming those challenges. <a href="http://www.grantthornton.ca/resources/insights/reports/Private_Company_Sucession_Planning_Where_do_you_stand_2011.pdf?jsmobile=0" >click to open PDF</a> Succeeding at succession: establishing your goals and objectives urn:uuid:-resources-insights-white_papers-GTI_Succession_goals_and_objectives_2011.pdf 2011-10-17T15:16:57-05:00 A Grant Thornton International white paper advising that a well-framed succession plan should include objectives that are aligned with your business strategies and goals—and then communicated to both your business and personal stakeholders. <a href="http://www.grantthornton.ca/resources/insights/white_papers/GTI_Succession_goals_and_objectives_2011.pdf?jsmobile=0" >click to open PDF</a> Draft rules address private company shares held in your RRSP urn:uuid:-resources-insights-articles-Draft_rules_address_private_company_shares_held_in_your_RRSP.pdf 2011-10-17T09:55:27-05:00 If you hold private company shares in your RRSP, new measures originally proposed as part of the 2011 federal budget could have an impact on you. <a href="http://www.grantthornton.ca/resources/insights/articles/Draft_rules_address_private_company_shares_held_in_your_RRSP.pdf?jsmobile=0" >click to open PDF</a> The DB pension promise: Keeping the faith urn:uuid:-resources-insights-reports-DB PensionReport_FINAL.pdf 2011-10-04T09:41:18-05:00 Results from a Grant Thornton and RBC Dexia sponsored survey—how plan members view thier employer-sponsored nest egg. <a href="http://www.grantthornton.ca/resources/insights/reports/DB PensionReport_FINAL.pdf?jsmobile=0" >click to open PDF</a> Canadian AML compliance—insights from the regulators urn:uuid:-resources-insights-articles-AML_compliance_regulator_update_April_2011.pdf 2011-10-03T14:34:24-05:00 On February 24, 2011 the Canadian chapter of ACAMS hosted a panel discussion featuring representatives from three Canadian regulators—FINTRAC, OSFI and IIROC. <a href="http://www.grantthornton.ca/resources/insights/articles/AML_compliance_regulator_update_April_2011.pdf?jsmobile=0" >click to open PDF</a> Do you hold private company shares in your RRSP? urn:uuid:-resources-insights-articles-Private_company_shares_in_RRSPs.pdf 2011-09-07T14:10:35-05:00 If you hold your private company shares in your RRSP, measures introduced in the recent federal budget may have an impact on you. <a href="http://www.grantthornton.ca/resources/insights/articles/Private_company_shares_in_RRSPs.pdf?jsmobile=0" >click to open PDF</a> International Business Report 2011—Mergers and acquisitions: global prospects for growth urn:uuid:-resources-insights-reports-Grant_Thornton_IBR_MA_Report_2011_Canada.pdf 2011-08-31T11:08:14-05:00 Privately held business: Backed by stronger credit and equity markets going into 2011, privately held businesses (PHBs)show renewed confidence about|,|their M&A plans as the global economy gradually emerges from the downturn. <a href="http://www.grantthornton.ca/resources/insights/reports/Grant_Thornton_IBR_MA_Report_2011_Canada.pdf?jsmobile=0" >click to open PDF</a> The results are in—BC will revert back to the combined PST/GST system urn:uuid:-resources-insights-articles-BC_to_revert_back_to_the_PST_GST_August_2011.pdf 2011-08-26T15:49:22-05:00 On August 5, 2011, the last of the ballots were mailed in to determine the future of BC’s sales tax system. The results are now in. With a simple majority vote of 54.73% in favour of abolishing the Harmonized Sales Tax (HST) and returning to the PST/GST system, the voters of BC have had their say. <a href="http://www.grantthornton.ca/resources/insights/articles/BC_to_revert_back_to_the_PST_GST_August_2011.pdf?jsmobile=0" >click to open PDF</a>