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Inside Internal Controls

News and discussion on implementing risk management

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Accounting Standards for Private Enterprises: what to do about defined benefit plans?

Is your company making the transition to Accounting Standards for Private Enterprises (CICA Handbook, Part II)? Do you have employees in a defined benefit pension plan? You should know that the Accounting Standards Board has approved amendments to CICA 1500, “First-time adoption” and Section 3461, “Employee future benefits”…

 

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