The Executive- Issue 3

7/29/2019 The Executive- Issue 3

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Get Ready forFallRecruitmen

Interested in

Accounting?Finance?Business?

These workshops are your ONLY chance to get

ready for Fall Recruitment and qualify for the

Accounting Networking Breakfast.

Part1

Part2

COMING IN FEB/MARCH 201

For more info, visit

www.utm.utoronto.ca/careers


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A CGA designation is more than a piece of paper. Its a game changer.

Certified General Accountants command top-tier credibility and maximum

earning potential in the worlds most compelling companies.

Theres no better timethan the present to imaginea bigger future.

The only question is, are you ready to DO MORE?

Hear CGAs discuss their personal paths

to success at CGA-DoMore.org/testimonia

Im a fresh graduate. I feel likethe CGA designation will provide

a lot of opportunity. Ive already

been recognized at work with more

respect and increased pay.

MANJIT BAGRI, CGAManager of Finance, The Herjavec Group Inc.


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Environmental sustainability

seems like less o a ad

with each passing day. Fi-

nancial proessionals are

challenged to think o the

bigger picture and weigh

the pros and cons o going

green. It may be difcult to justiy the ex-

penses that come with sustainability but it

has the potential to enhance a companys

uture growth and success.

A comprehensive sustainability policy is

hard to adopt, but the biggest obstacle may

be the myth that sustainability and produc-

tivity do not mix. According to Partha Mo-

hanram, CGA, and CGA Ontario proessor o

fnancial accounting at the Rotman School

o Management, businesses must look

past short-term costs to consider long-

term gains.

It would be similar to an organization

cutting research and development ater a

poor fnancial perormance report, says

Partha. The next quarter may look better,

but the organization would essentially shoot

themselves in the oot as a lack o innova-

tion would cause them to lose customers

and market share. Its true in the short-

term that you may have to spend more

on sustainability, but research shows that

choosing that option can lead to improved

long-term proftability.

Measuring the success o a sustain-

ability program is another challenge as

there are no industry-wide standards in

place. We have the International Finan-

cial Reporting Standards (IFRS) and the

Canadian Generally Accepted Accounting

Principles (GAAP) to defne how we mea-

sure things in fnancial reporting, says

Steve DAlessandro, CGA, vice-presi

o fnance at CGA Ontario. Without a s

dard to measure sustainability initiat

against, it is difcult to illustrate its valu

validate the results organizations curre

report. Companies would be more like

adjust i they saw a fnancial incentiv

being sustainable.

Organizations that ocus on the bot

line overlook the intangible benefts o

tainability. Environment Canada rep

that companies who have improved

environmental and social perorma

are enabled to do a variety o things

manage risk, improve stakeholder relat

and attract or retain employees.

Accounting and fnance students n

to look past the spreadsheets and o

on the broader picture o sustainab

Students should consider how every

who interacts with the organization wi

impacted by an initiative, says Par

People are very good at solving clearl

fned problems but have difculty dea

with ambiguity when inormation is sca

In that case, students should ocus on

mechanics o the problem.

The pursuit o sustainability and its

pact on accountants will be realized

a long period o time. Value must sti

defned and standards o measuremen

tablished. The CGA program o proessi

studies prepares tomorrows accoun

and fnancial leaders to see more t

numbers and oer sound fnancial adv

Students leave the program with a valu

skillset that includes the ability to mea

traditionally immeasurable concepts, ta

complex management issues and im

ment corporate strategies.

For moreinformationabout the CGAprogram of

professionalstudies, visitcga-domore.org.

BIG PICTURE,

BIG POTENTIALLOOKING PAST THE DOLLARS AND CENTS TODAYTO IMPROVE THE WORLD TOMORROW

BY RACHELLE CUEVAS

As consumer tastes change to refect new trends,

organizations must work to adapt. A growing concern abou

the sustainability o our planet has orced companies to

reconsider how they do business.


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2012 KPMG LLP, a Canadian limited liab ility partnership and a member frm o the KPMG network o independent

member frms afliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.

The possibilities

are limitless.Discover howwith KPMG.

kpmg.ca


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It may seem early but believe it or not, manyemployers will start hiring for summer positions inJanuary and February!

Here are a few things students can do to get started:

o First have a clear job goal. People who sayIll do any job, will nd that their search is fartoo broad. There are a variety of reasons whystudents look for summer jobs. Are you looking

to build skills that are in line with your careergoal? Do you want to gain work experience?Or are you simply looking for a way to makesome money? Having a clear job goal will helpemployers and the job seekers understandwhere their skills, interest and talents lie. Startby thinking about about things you like to do aswell as things that you are good at. Browse jobpostings to see the dierent types of activitiesand duties that are required. There will alwaysbe tasks on jobs that you may not like as muchbut you can try to identify jobs that will provideyou with some satisfaction and skill building.

o Create a clear and concise resume and coverleer that is tailored towards your job goal.No work experience? No problem! Things likevolunteer experience, tasks done in clubs orother extracurricular activities and even coursework count. First have a look at the Resumeand Cover Leer Toolkit on the Career Centreswebsite and then book a Resume or CoverLeer critique with an Employment Advisor.An Employment Advisor can help you create aresume that will stand out!

o Know where to look for jobs. Of coursethere are jobs posted on-line( including theCareer Centres online job posting system), innewspapers and on job boards but studentswill need to think out of the box and considernetworking with family and friends to nd jobsin the Hidden Job Market. Did you know that up

to 80% of jobs are not advertised? Many jobs afound through word of mouth and connectiowith people you already know. The CareCentre has many resources to help you wiyour networking and self-marketing skills.

o Research companies of interest. Get creatiwith nding opportunities! Take a waaround your neighborhood and make note interesting companies or organizations, use oline or print directories to nd local businesseask friends or classmates about their summjob experiences. Sometimes opportunities cbe found where you least expect them.

o Get out there and talk to employers! In fathe Career Centre is hosting a Summer Job Faon Wednesday January 16th in the RAWC. Gmore details here:www.utm.utoronto.ca/careers/summer-jofair

o Check out some of the various SummEmployment Programs. There are specigovernment funded programs that are geartowards students to help them earn money anbuild skills. Get more details here:http://www.utm.utoronto.ca/careers/sitefiles/careers/public/shared/pdf/summeemployment-programs.pdf

Still not sure where to start? The Career Cent

oers various workshops that are available througthe Events Calendar on our website, includinFinding Internships and Summer Jobs Workshoon Monday January 21st.

Summer jobs can be a great way to not only mamoney but build some skills and experienand learn what types of jobs and careers may suitable for you. But dont wait too long to startthe summer job hiring season is just around thcorner!


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mes Templecsr-p

ctor, Corporate Responsibility

I don't think I'm alone in saying that most people

want to have a career with purpose. Most of us want

to understand how our professional contributions are

helping to address society's challenges. We want tounderstand how we're part of something bigger, and h

ouvr work is aligned with our values and aspirations.

I'm proud to share with you that this kind of thinking

has inspired PwC Canada! We're refreshing the way w

approach Corporate Responsibility through a new

strategy bringing everything under a banner called

part of it.

part of it articulates our belief that each of us has a ro

to play in being part of the global conversation about

how to become a more responsible business.

Let's be part of the change together.

www.pwc.com/ca/cr

2013 PricewaterhouseCoopers LLP, an Ontario limited liability partnership. All rights reserved. 3243-

Were allpart of it


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The Executive- Issue 3

Documents

Transcript of The Executive- Issue 3