eNewsletter – March 2020
Dear RPA Members and Students,
We are living in extraordinary times and we’re learning more about COVID-19 every day. The world has been impacted on an immense scale, changing daily life and the operations of many businesses, schools and offices. There is a great deal of uncertainty and we would like you to know that the health and well-being of our members, students, clients and associates is what matters most for RPA Canada.
Throughout the uncertainty, one thing we do know is small and medium sized business owners will be called upon to help lead in the recovery. Success will depend on staying connected with each other, our communities, and the resources we need. Here is the link to the most up to date information about COVID-19.
Here is the latest response from Prime Minister Justin Trudeau:
“We also know small businesses may struggle through this period of economic slowdown… We are in the enviable position of having significant fiscal firepower available to support you.”
As RPAs, our priority is to support our associates, clients and the business community, particularly in these uncertain times. We are moving forward in promoting the RPA designation, and training our members and students through Continued Professional Development (CPD). We just had a very successful webinar on Cyber Security which was well attended and shared many helpful tips to members on how to better protect themselves from cyber-attacks. We are aggressively connecting with community colleges in efforts to coordinate the launch of our dynamic ‘RPA Education 2020’ program.
Please do your best to keep yourself and those around you healthy. Remember to practice good hygiene, and connect with your health authority for advice if you experience symptoms associated with COVID-19.
We understand this is a highly dynamic and evolving situation. Our commitment to you is to keep you informed and provide you the professional support you need.
Zubair Choudhry, RPA, APA
|RPA CYBER SECURITY WEBINAR|
Thank you so much for making Cyber Security Webinar a great success. The Society of Professional Accountants of Canada is committed to keep its members in-step with time. Attached is webinar presentation and offerings from TENET Computer Group. Enjoy a 20% special discount on services for the RPA members. Contact information is as follows:
TENET Computer Group Inc. / Groupe Access
2820 14th Ave Suite 101, Markham, ON L3R 0S9
Kitty Atkinson Rick Jordan
Tel: 416-664-3069 x 204 416-665-3069 x 204
|TAX FILING EXTENSION – JUNE 01, 2020|
As we face the challenge of COVID-19 together as a Canadian family, we view it as responsible citizenship to do everything we can to mitigate the spread of the virus. We encourage you to think of the more vulnerable people in our communities and follow the recommendations of the government of Canada to practice social distancing.
The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak. On March 18, 2020, the Prime Minister announced a new set of economic measures to help stabilize the economy during this challenging period. These measures, delivered as part of the Government of Canada’s COVID-19 Economic Response Plan, will provide up to $27 billion in direct support to Canadian workers and businesses. Details……
Click here for details of flexibility for taxpayers.
To retain a client for the long term, developing a personal relationship with client is the key. Here are several steps that you can take to win trust and further the client’s interests and goals:
|AN OVERVIEW OF BIG DATA|
|Data is created non-stop and at an ever-increasing speed. Cell phones, social media and even imaging technologies create new data that must be stored somewhere for certain studies and objectives. Many devices and sensors automatically generate diagnostic information that need to be stored and processed in real time. No doubt, keeping up with huge influx of data is very difficult task. But the more challenging job is analyzing vast amounts of data especially when data is scattered, in non-traditional structure and patterns. These challenges of dealing with flood of data present the opportunity to transform business, government and everyday life.
Several industries have led the way in developing their ability to collect, clean and analyze data:
Big data have three characteristics:
Big data is sometimes described as having 3 Vs : Volume, Velocity and Variety. Due to its size and complex structure, big data cannot be efficiently analyzed with traditional tools. Today’s accountants and analysts need to learn new and modern tools to deal with big data.
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