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加中专业会计师协会 CCPAA. Canadian-Chinese Professional Accountants Association (CCPAA) Presented at China International Service Industries Forum on Nov 24, 2009 by Olivia Xie, CA (Canada), CPA (US). 加中专业会计师协会 CCPAA. 加中专业会计师协会是一个独立的非赢利性组织,是由在加拿大工作多年的具有中国背景的专业会计师组成。 目前,协会在加拿大多伦多和温哥华有两个分会。. - PowerPoint PPT Presentation
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CCPAACanadian-Chinese Professional Accountants Association (CCPAA)
Presented at China International Service Industries Forum on Nov 24, 2009 by Olivia Xie, CA (Canada), CPA (US)
Bridge to Success
www.ccpaa.ca
CCPAA
CCPAA ,,
CCPAA
2009
CCPAA
IPO (Initial Public Offerings) RTO (Reverse Takeover) CPC (Capital Pool Company)
4420(a): 400100: 110: 800: 5: 1,500: 100 (132)
4420(b): 400100: 110: 1,800: 52: 3,000:
4420(c): 400100: 110: 2,000: 5 : 7,500 7,500:
: 5,000 100: 250: 1: 13
: 300100 : 100(10%): 500 : 4: 15,000(/) : 5005,000(8)751 32
5001000
TSX-TSX-VentureCCPAAMajor sectors: miningOil & GasR & D investment Different listing requirements for different sectors, different requirements for same sector, TSX exempt vs. non-exempt in each sector TTSX-VentureTier 1 and tier 2 in each sector
CCPAAAccounting standards :Canadian GAAP US GAAP International Financial Reporting Standards (IFRS)
Auditing standards :Canadian GAAS U.S. GAAS International Standards on Auditing (ISA)
Financial StatementsCCPAAFinancial statements for companies going public in US or Canada::Audited financial statements by auditors registered by PCAOB (US) or CPAB (Canada) Interim period financial statements reviewed by auditorsPro forma financial statements for probable significant transactions, e.g. RTO, Management and CFO are responsible fore preparation of FS
CCPAA
Issuance of auditors opinion SOX 404 regarding internal control is required in US, but not required in Canada Review of listing documents Response to financial questions from underwriters, lawyers, SEC Issuance of comfort letters Issuance of consent letters Material Change or business acquisitions Reports (e.g 8K) National Instruments (NI) 43-101 report of mining companies in Canada
CCPAA
CCPAASOX,
CCPAA
CCPAA
CCPAA2010CFO
201087-2010814-
[email protected] www.ccpaa.ca