The Saskatchewan Chapter Newsletter

The CIC National Newsletter

ELECTRONIC FUNDS Transfers and Fraud
An Electronic Funds Transfer (EFT) is widely accepted as a method for organizations to transfer funds on a timely basis to suppliers, employees and other organizations. However, EFTs can pose an internal control weakness for many organizations.

Deception and the Gift and Prepaid Credit Card
Gift cards and pre-paid credit cards (credit cards with amounts already on them) have become more and more the option for giving, it’s simple and easy. The popularity of gift cards has created a new portal for fraudsters to deceive you and relieve you of your hard earned money.

Black Holes and Old Invoices
One of the surest ways to create a “permanent” leak in cash flow is to apply customer payments to the oldest invoices just because they are the oldest. When we explore the reasons this procedure is applied we often find that old outstanding invoices raise red flags.

Permission to Pause
You're climbing a mountain. It's a tough, dirty, exhausting challenge. The higher you climb, the quicker you tire. Still, you plod on. Never stopping. Swiping the sweat from your brow. Eyes fixed firmly on the path ahead. Focused. Determined. Single mindedly on task.

Extracts from the Inspectors' Handbook (Part III)
Section 10 of the Act empowers the Superintendent of Bankruptcy to investigate an offence that may have been committed in connection with a bankruptcy. These investigations relate to the conduct, dealings and transactions of the bankrupt, the causes of the bankruptcy and the disposition of the bankrupt's property.

How to protect your interests when a client goes bankrupt
When one of your clients goes bankrupt, there is a way you can participate actively and directly in the supervision of certain aspects of the trustee’s administration to ensure that your interests as a creditor are protected.

Identity Theft - Practical tips for credit professionals
Every year, identity theft results in millions of dollars of reported losses for Canadians. This has serious implications for credit professionals when it comes to the collection, protection, usage and disposal of the information they gather on their customers. Whether your company accepts payment by credit card, by wire transfer, via e-commerce or by the ageless paper-based cheque method, you need to ensure that your department plays its part in having the necessary checks and balances in place.

Be a better manager - Keys to inspiring top performance
There are countless skills and responsibilities required of successful managers, but one of the most important is their ability to inspire team members. A great product, a solid benefits package and bagel Monday won’t mean a lot if your staff members aren’t challenged to do their best at work.

Serious Limitations of Financial Statements
by L.S. (Al) Rosen
Canada is nearly the very last country in the world to allow its auditors to write the country’s accounting, reporting and auditing rules. Most other nations have independent, non-conflicted rule-setting bodies that prescribe the quality of accounting and auditing.

Extracts from the Inspectors' Handbook, Office of the Superintendent of Bankruptcy (Part II)
A guide for the role and responsibilities of creditors appointed as inspectors under the Bankruptcy and Insolvency Act (BIA).

Finding Answers - Fast, Office of the Superintendent of Bankruptcy
Knowing where to get answers will ensure you don’t waste time and money in the event you have a question about an insolvency file.

Using Liens to Minimize Risk And Increase Cash Flow
by Lien-Pro™ Inc.
An effective tool to protect receivables.

Taming Time Management
by Elizabeth Skronski
So if we can’t manage time, what can we manage?

Extracts from the Inspectors' Handbook, Office of the Superintendent of Bankruptcy (Part I)
A guide for the role and responsibilities of creditors appointed as inspectors under the Bankruptcy and Insolvency Act (BIA)

Making the bankruptcy process easier for credit professionals, Office of the Superintendent of Bankruptcy
This article was prepared by the Office of Bankruptcy to give you insight into how the insolvency system works and why it matters to you, the certified credit professionals.

Are You Watching the Signs of the Markets?
by David Derwin
A precursor of things to come? Economic jitters, credit crunch, sub-prime mortgage crisis and the use of the 'R' word in the American media.

Black Holes and Credit Management
by Ron Lutka, CMA, ACIS, P.ADM
A look at the factors that inhibit the credit management function from operating as intended.

Six Steps to E-mail Efficiency
by Lauren Rikleen
Easy to implement tips on time-management to make room for your other projects.

Avoiding Workplace Burnout
by Accountemps

Accounts Receivable and Sarbanes-Oxley
by Mike Morley

Disclaimer

Getting Your Priorities In Order
by Stanley J. Kershman

Credit Scoring
by Naeem Siddiqi

Top 10 Career Catalysts
by Robert Half Finance & Accounting

Debt Collectors Need to Pay Closer Attention to Privacy Laws
by Fazila Nurani, B.A.Sc. (Elec. Eng.), LL.B

Small Business Perspectives
by Sally Enright

Factoring To Minimize Operational Risk
by George Brown, B.Sc., MBA, MCIC, C.Chem, CMA, CIA

Balancing Risk with Reward
by Sally Enright

Cost Effectiveness of Disputed Deductions
by Michelle Davy, CCP

Cost Effectiveness of Disputed Deductions
by Michelle Davy, CCP

Personal Insolvency Task Force Final Report
By Stanley J. Kershman

Getting the Credit You Deserve
By Jeff Holloway, CA

Credit Institute of Canada's Position on Proposed Changes to the Bankruptcy and Insolvency Act

Bankruptcy and Insolvency Law Reform

Corporate Bankruptcy: One Step Forward… Two Steps Back
by Melvin C. Zwaig, Zwaig Consulting Inc. and E. Bruce Leonard, Cassels Brock & Blackwell LLP

Who is the National Marketing Committee and what do we do?
by Steve Cooke, ACI, National Marketing Chair

Is That a Discount In Your Pocket... or Are You Just Glad To See Me?
by Tim Paulsen

Keeping Current - Staying Challenged
by Steve Jackson, FCI

For All To Be Successful, It Cannot Be “Us and Them” It Must Be “WE"
by E. Keith Devolin, ACI, National President and Dean

"The Value of the FCI Designation is Being Increased"
by Geoff Wilkinson, B.A., National General Manager's Message

A Definite Shift
by Mike Morley, C.P.A., F.C.I

Bankuptcy and Insolvency Law Reform -Is It or Is It Not a Priority of Your Company?
by Andrew Steele, CCP, FICB

Is the Canadian Economy Marching to a Different Beat?
by Pierre Duguay, Deputy Governor of the Bank of Canada

COMMERCIAL PROPOSALS: Increased Recovery for Creditors
by Stanley J. Kershman

Bankruptcy and Insolvency Act - Review
- National Legislation Committee, Credit Institute of Canada

Credit Department Policy
Credit Investigations
Information Systems
Financial Statement Analysis
Securities Risk Evaluations
Collections
Bankruptcy and Insolvency
Credit Department Organization and Reporting

Member Price $119.95*
Non-Member Price $129.95*

Prices may change without notice.

International Credit Management
Construction Credit Management
Leasing
Piercing the Corporate Veil
U. S. Bankruptcy Law
Credit Fraud
Introduction to E-commerce

Member Price $129.95*
Non-Member Price $139.95*

Prices may change without notice.

Overview of the Bankruptcy and Insolvency Act
Administrative Officials
Bankruptcy Petition
Assignments in Bankruptcy
Bankruptcy Proposals
Effect of Bankruptcy on Creditors
Effect of Bankruptcy on the Debtor
Administration of the Bankruptcy Estate
Property of the Bankrupt Estate
Property of the Bankrupt
Reviewable Transactions
Priorities of Distribution
Bankrupt’s Discharge
Finalization of the Estate
Future Bankruptcy Reform

Member Price $35.00*
Non-Member Price $45.00*

Prices may change without notice.