Do a PowerPoint About Greece

1.Do a Country Analysis PowerPoint about Greece from seven aspects: culture, history, education, economic environment, accounting system, international trade and tax system.2.each aspects at least 1 page.the example see attachment.
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Expanding to Canada
Facts About Canada
•
Canada contains 10 provinces and 3 territories
•
Second largest country by total area
•
French and British origin
Head of State
Head of Government
Queen Elizabeth II
Prime Minister Justin Trudeau
Government Leaders
•
Common law system, except in Quebec, where civil law
prevails
•
Quebec has movement to separate
•
Similar to U.S. in that politics emphasize
–
–
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Constitutional law
Freedom of religion
Personal liberty
•
English and French both official languages
•
Catholicism dominant religion
More about Canada
Political Stability Canada
Cultural Dimensions
similar to United States
?
•
•
•
Power Distance
Lack of overt status and class distinctions in
society
Superiors are always accessible
Customary for managers and staff to share
information freely
?
Individualism
•
•
•
Characterized as individualist culture
Loosely knit society, people look after
themselves and their immediate families
Employees expected to be self-reliant
?
Masculinity
•
•
Strive to attain high standards
More subdued with respect to achievement,
success, and winning
?
Uncertainty Avoidance
•
Score indicative of acceptance of new ideas
and willingness to try something different
Allow freedom of expression
•
•
Canada is a high-tech industrial society in the trillion-dollar class
•
Market-oriented system, pattern of production, and high living
standards resemble the U.S.
•
Abundant natural resources
•
Third in the world in proven oil reserves, and fifth largest oil
producer
•
Emerged from 2008 financial crisis among the strongest in the
world
Economy
•
Exports : $428.3 billion
Commodities such as: motor vehicle parts, industrial machinery, aircraft,
telecommunication equipment, chemicals, plastics, fertilizers
– U.S. 76.7%
–
•
Imports: $440.9 billion
–
–
•
Commodities such as: machinery and equipment, motor vehicles and parts,
crude oil, chemicals, electricity, durable consumer goods
U.S. 53.1%, China 12.2%, Mexico 5.8%
Market Value of Publicly Traded Shares: $2.016 trillion
–
Ranked 7th in world
Economy (cont’d)
•
Toronto Stock Exchange (TSX)
•
Natural Gas Exchange (NGX)
•
NASDAQ Canada
•
Montreal Exchange
•
ICE Futures Canada
•
Canadian Securities Exchange (CSE)
Canadian Securities Administrators (CSA) is the authority which regulates
securities in Canada.
Stock Exchanges
•
Accountants are a regulated occupation
•
Regulated occupations must have a license or certificate before
they can be practiced
•
Other examples of regulated occupations:
–
–
–
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Lawyers
Dentists
Registered Nurses
Veterinarians
Accountants in Canada
•
National organization established to support a unified Canadian
accounting profession.
•
In 2012, the Canadian Institute of Chartered Accountants (CICA),
the Society of Management Accountants of Canada (CMA Canada)
and Certified General Accountants of Canada (CGA-Canada)
issued A Framework for Uniting the Canadian Accounting
Profession under a new Canadian Chartered Professional
Accountant (CPA) designation. – www.cpacanada.com
•
CPA Canada established 2013
•
CGA-Canada integrated with CPA Canada 2014
•
Unification on national level
Chartered Professional Accountants of Canada (CPAs)
•
The Accounting Standards Board (AcSB) is an independent body
with the authority to establish accounting standards to be used
outside of the public sector.
•
Contributes to development of IFRS
•
IFRS mandatory for all publicly accountable enterprises since 2011
•
Accounting Standards for Private Enterprises (ASPE) is used for
private enterprises
The Accounting Standards Board
Financial Reporting
Frameworks
Conclusion
Due to the close relationship between the U.S. and Canada, the culture,
and the similar market economy, it is felt that an expansion into
Canada would be a smooth transition, and would be welcome both by
the stakeholders of our company and the nation of Canada.

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