Cape Town Conference Well Received
Integra’s Annual Global Conference
was well received by the attendees
in Cape Town, South Africa.
Attendance was 103, with an almost
equal amount of delegates and guests
attending.
A warm heartfelt thank you to our
host firm, C2M Chartered
Accountants, Inc. for working with
Integra’s staff to create a
memorable event. Feedback has
commended Integra on interesting and
relevant content that also paid
specific homage to its location on
the continent of Africa.
The welcome reception in the gardens
of the Mount Nelson Hotel provided a
lovely outdoor gathering to break
the ice and meet and mingle with old
friends and new members before the
conference. The historic hotel made
for a lovely backdrop with Table
Mountain in view as the sun set.
The following two days of conference
were filled with interesting
content. Host firm Partner, Carel
Steenkamp provided a detailed
history of South Africa that was
very educational. South African key
note speakers, Zelda La Grange spoke
of her time working with President
Nelson Mandela, while Chief
Economist, Dawie Roodt spoke of the
economic climate and changes in the
world’s financial status. Robert
Coe spoke on Brexit from the U.K.
perspective. Tunde Adaramaja
presented Business Opportunities in
Africa, and Nicky Gouder from Malta
provided information on Residence
Opportunities in the EU. Steve
Austin and Simon Terry- Lloyd shared
how the New Lease Accounting Rules
will provide opportunities for all
Integra Member Firms and allows
Integra to be on the forefront in
providing information to their
client firms. Stefanie Fieste’s
presentation provided a guide for
both junior and senior firm members
for long range succession planning.
Friday Dinner at Gold Restaurant
provided a lively and entertaining
evening filled interactive drumming
for Integra members as well as
traditional song and dance. Saturday
afternoon’s excursion post
conference to Table Mountain had the
majority of Integra’s members and
guests taking the aerial tramway up
to the top for spectacular scenic
views of Cape Town and the Coast.
For more information on the
content of the conference, and to
access all the presentations, visit
Integra’s website under
"Conferences" (scroll down to the
Cape Town conference). All
presentations are saved for each
conference there for your reference.
Contributed by Renee Dominique
Business Referrals
Business referrals in October and
November involved mostly broadcast
e-mails asking for assistance on a
variety of topics - some very
technical. They have
involved
United States, United Kingdom,
Canada, Spain, Netherlands, Panama
and Malta.
If you would like to report any referrals
or assistance, please send an e-mail
to one of us and we will gladly
report on your behalf.
It is your chance to publicly thank
your colleagues.
Read more »
Member News
This issue reports on a few client
seminars (an excellent way to market
your firm), one new partner
appointment, a 1st page ranking on
MSN.com and a few members that have
left our association.
If you have an item of interest that
you want our members to know about,
just drop us a short e-mail.
Read more »
Other News
New members , new members,
new members!
The following press release was
issued on October 21, 2016:
CPS Cape Town, South Africa — During
Integra’s World Wide Conference, the
organization announced the
admittance of Cresa
as its newest Alliance Member.
Integra’s Global Chairman, Doug
White says “We are excited to
welcome Cresa to our Integra
family. Our goal is to provide our
member firms and their clients the
best tools available to help them
succeed, and we see this alliance as
part of that goal.”
Cresa is an
international tenant-only
commercial real estate firm
headquartered in
Boston,
Massachusetts, USA and led by
CEO, Jim Underhill. Cresa represents
tenants and provides real estate
services, including lease evaluation
and compliance; transaction
management; project management;
facilities management; workforce and
location planning; portfolio/lease
administration; supply chain
management; sustainability; and
sublease and distribution. They have
50 offices in North America and over
800 employees doing business
worldwide.
Soon the FASB and the IASB lease
accounting standard will bring new
assets and liabilities onto the
balance sheet. Listed companies
using IFRS or US GAAP are estimated
to have approximately $3.3 trillion
of lease commitments, of which more
than 85 percent do not appear on
their balance sheets. In the past
leases have been categorized as
either "finance leases" (reported on
the balance sheet) or "operating
leases" (disclosed only in the notes
to the financial statements).
Integra and Cresa are
partnering to provide members and
clients with information to meet the
new standard obligations. The
organizations will work together to
bundle services that include the
accounting, lease negotiation and
analysis as well as the reporting
and presentation expertise that
companies need to meet these new
standards.
The FASB Standard ASU 2016-02,
Leases is effective for US GAAP
public reporting entities for fiscal
years, and interim periods within
those fiscal years, beginning
after December 15, 2018. For private
companies, the standard is effective
for fiscal years beginning
after December 15, 2019 and interim
periods beginning the following
year. IFRS 16 becomes effective
Jan. 1, 2019.
Paivi Husu in Helsinki, Finland has
acquired a subsidiary firm in
Stockholm, Sweden -
Administer Sverige AB. It
is managed by Harry Nordstrom who
can be contacted at
[email protected] It
is a 2 partner firm providing a
variety of accounting and tax
services.
Our growth in Africa continues with
the admittance of Business
Auditing and Consulting in
Abidjan, Ivory Coast. They are an
accounting and tax firm with 1
partner and 10 staff. The main
contact person is Mr. Mohamad Ghazal
who can be contacted at
[email protected] For more
information about the firm, please
visit their website at
www.bac.ci
Ecuador now has two member firms.
Welcome to WENS CONSULTING &
AUDITING WHIMPPER NARVAEZ S.A.
located in Guayaquil. They are an 18
person firm that provides audit,
tax, and advisory services. They
have more than 10 years in the
Ecuadorian market. They have an
experienced and multidisciplinary
team of professionals focused on
providing added value to clients.
The main contact person is Whimpper
Eduardo Narváez Salas who can be
contacted at
[email protected] For more
information about the firm, visit
their
website.
Member Database and
International Directory
Our international directory is intricately linked to our web
site so updating the details of each
firm in the printed directory will
occur concurrently with updates to
our website.
We continue to ask each member firm to ensure that
all professional staff are included
in
our database so that Integra can
directly send newsletters and
conference information to them. We
want to thank the many firms that
submitted the information. However, there
still remains a gap between the
number of professional staff
according to our membership
statistics (4,252) and our mailing database
(773).
We realize that not all staff
in your firm speak English but by
them receiving information directly
from Integra, they will feel part of
the organization. They are the
future leaders of your firm and it
will benefit the firm in the long
run.
If you are the main contact person
for your firm, please respond with the
names and
e-mail addresses of all your
professional staff. This can only
help your firm experience the power
of your Integra membership by
engaging your entire staff in what's
happening at Integra.
Firm Global Connection
Program
Integra International has
partnered with the American
Institute of CPAs (in partnership
with the Chartered Institute of
Management Accountants) to bring to
you resources to help you manage
your firm. The resources are in
English, Spanish and French.
As a special benefit, Integra
International members will receive
10% off their subscription price. To
receive this discount, enter promo
code INTEGRAFGC10 when you make your
purchase.
New
Practice Management Resources at
Your Fingertips! We’re aware
that our members are always seeking
new tools that will enhance their
knowledge and position their firms
for success. With those goals in
mind, we’re partnering with the
American Institute of CPAs Firm
Global Connection, a new initiative
that offers international members
exclusive, immediate access to
best-in-class practice management
resources. Firm Global Connection
will allow our members to tap into a
wealth of tools and information, and
to connect with a new international
community of peers.
Created by some of the profession’s
leading advisers, Firm Global
Connection’s proven, practical tools
and defined processes fall into
several critical areas:
- Practice Growth & Client
Acquisition Centre.
- Customer Service & Client
Retention Centre.
- Trusted Client Adviser.
- Human Capital Centre.
- Succession Planning
Resource Centre.
The resources (and pricing) are
tailored to meet the needs of firms
of various sizes, from sole
practitioners through large firms.
They’re also easy to download and
put to work immediately in your own
firm.
In addition, Firm Global Connection
members:
- Can join a worldwide
community of peers through a
LinkedIn group.
- Stay current with timely
updates on trends affecting the
profession around the world.
- Enjoy deep discounts on
publications, conferences and
cutting-edge cloud computing and
practice management resources.
With 24/7 access to these
indispensable tools, Firm Global
Connection members can seize new
opportunities for success and set
themselves apart in the global
marketplace.
Click here
for a full brochure. Click
here for the Integra Promotion
Flier. For more information and to
sign up, visit
aicpa.pcps.org
Upcoming Conference Dates and
Locations:
- May Conference: May 18-20 2017-
Philadelphia, Pennsylvania, USA
- June Conference: June 22-24 2017-
Sofia, Bulgaria
- Cross Border Tax Workshop:
September 16 2017 - Swatar, Malta
- October World Wide Conference:
October 19-21 2017 - Tokyo, Japan
- May Conference: May 2018 - San
Jose, Puerto Rico
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