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Building Strong Communities 

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Editor’s Note

Building Strong Communities


As we put the finishing touches on this issue of CGA Magazine, summer arrived in Canada and we swiftly moved into the second half of 2007. From our current vantage point, 2011 seems a long way off; however, time is ticking steadily toward the mandatory implementation date for International Financial Reporting Standards (IFRS) for public companies. With the shift to IFRS over the next few years, Canadian GAAP is slated to be replaced by a single international set of standards appropriate for financial reporting in the global community. And it is time to start preparing for this major change.

This issue also looks at the partnership between CGA-Canada and the Aboriginal Financial Officers Association of Canada. Both organizations are committed to encouraging students to enter the accounting profession and earn their Certified Aboriginal Financial Manager (CAFM) and CGA designations, as there are many opportunities for Aboriginal youth to bring additional financial training and expertise to First Nations communities across the country. Strong financial management skills are a solid foundation for building stronger communities, and in the words of Assembly of First Nations National Chief Phil Fontaine “what is good for First Nations is good for Canada.”

As the Canadian economic boom continues, exciting opportunities abound for CGAs – from the community of Eskasoni in Nova Scotia to the thriving towns and cities of western Canada. And in each province and territory, CGAs are involved in building stronger communities. Many are teachers and role models who inspire youth to go beyond themselves to pursue rewarding and exciting careers.

I thank you for your continued feedback and draw your attention to a few of the modifications we’ve made based on your input. We’ve increased our font size and darkened the French text to make the magazine easier to read. We’ve also improved our use of colour in the columns and feature articles to better differentiate between English and French. We hope you find these adjustments improve your reading experience with CGA Magazine.

Watch for the September-October issue shortly after Labour Day. It features one of Canada’s Top 40 Under 40 business leaders, an enigmatic CGA I’m sure you will enjoy reading about.

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