Grant Thornton Feed: Privately held business

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

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. click to open PDF

Canadian businesses remain relatively optimistic in the face of global economic uncertainty

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. click to open PDF

Succeeding at succession: identifying and engaging successors

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. click to open 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. click to open PDF

Succeeding at succession: establishing the value of your company

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. click to open PDF

Update on private and public company shares held in your RRSP

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. click to open PDF

Private company succession planning: where do you stand?

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. click to open PDF

Succeeding at succession: establishing your goals and objectives

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. click to open PDF

Draft rules address private company shares held in your RRSP

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. click to open PDF

Canadian AML compliance—insights from the regulators

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. click to open PDF

Do you hold private company shares in your RRSP?

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. click to open PDF

International Business Report 2011—Mergers and acquisitions: global prospects for growth

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. click to open PDF

The results are in—BC will revert back to the combined PST/GST system

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. click to open PDF

En bref: Nouveautés en comptabilité

2011-08-19T10:58:10-05:00

Un résumé des nouveautés et publications récentes provenant des normalisateurs et qui touchent à des sujets tels les Normes comptables pour les entreprises à capital fermé (NCECF), les organismes sans but lucratif (OSBL) et les régimes de retraite. click to open PDF

Flash bulletin: Accounting News

2011-08-19T10:56:48-05:00

A brief summary of recent news and publications from standard-setters on the topics of Accounting Standards for Private Enterprises (ASPE), Not-for-profit Organizations (NFPO) and Pension plans. click to open PDF

Elimination of partnership tax deferral

2011-06-16T15:29:22-05:00

The recent federal budget introduced proposals to eliminate the deferral of tax on partnership income allocated to a corporate partner. The proposed rules are extremely complex, have broad application and apply to corporate taxation years ending after March 22, 2011. click to open PDF

Federal budget June 6, 2011

2011-06-07T10:40:39-05:00

The government tabled Budget 2011 on March 22, 2011. However, due to the dissolution of Parliament on March 26, 2011, that budget was not adopted. On June 6, 2011, Finance Minister Jim Flaherty presented his second federal budget for the 2011–12 fiscal period. click to open PDF

Adviser alert—Example Interim Consolidated Financial Statements 2011

2011-06-01T11:12:53-05:00

The Grant Thornton International IFRS team has published the 2011 version of the Example Interim Consolidated Financial Statements, which has been revised and updated to reflect changes in IFRS that are effective for annual periods beginning on or after January 1, 2011. click to open PDF

Proposed changes to IPPs and RRSPs

2011-05-24T15:19:50-05:00

The March 22, 2011 federal budget proposed major changes to the rules for individual pension plans (IPPs) as well as the introduction of new anti-avoidance rules for registered retirement savings plans (RRSPs) and registered retirement income funds (RRIFs). click to open PDF