Module 1 Mentoring Tips - CASB · Module 1 Mentoring Tips . Learning Objectives 1. Understand the...

Module 1 Mentoring Tips

Learning Objectives

1. Understand the key features of the CASB program

2. Know which topics are covered in Module 1

3. Identify student challenges unique to Module 1

4. Understand what mentors can do to support Module 1 students

5. Differentiate between large and small office mentoring practices

6. Know what resources are available to assist mentors

7. Know how to access the CASB Mentor Centre

8. Know how to register for the Mentor Modules

2

Learning Objectives









3

CA Student Development is a

Partnership

CASB • Professional education

program

Training Office • Practical experience

• Mentoring

• Other learning support

Student

4

CASB Overview

CASB prepares students for successful careers as CAs

Business-Ready

Professional

Specific Competencies

Pervasive Qualities and

Skills

5

Modules 1 through 5: Vision Windows

6

M1 M2 M3 M4 M5

Y0 Y20

Module 1: The early years

Module 2: Sale of the business

Module 3: Vision becomes a multi-national company

Module 4: Time for some introspection

Module 5: Vision contemplates IPO

UFE Prep

7

May:

Online

access

September:

UFE

July/August:

Classroom

sessions

August:

Sim UFE

CASB Learning Model

Facilitated Competency-

Based Learning

Weekly narratives

Weekly tasks

Technical Resource

Centre

Virtual Professional

Library

Weekly chats with Facilitator

Facilitator feedback on

tasks

Weekly multiple choice

questions

Face-to-Face

Interactive Session

Evaluation

8

Learning Objectives









9

Module 1 Timeline

10

1 2 3 4 5 6 7 8 9

FFIS

Withdrawal

deadline

Tasks

end Review

week

Evaluation

Results

Appeals

Find the Schedule

of Key Dates in

the Mentor Centre

Module 1 Overview

11

Roles Users

Assistant Controller,

Vision Windows Limited Vision’s owner

Vision’s Controller

Associate,

Parkhurst & Loewen (P&L) Partners and Managers at P&L

Vision’s management (client)

Other parties related to Vision (clients)

Module 1 Overview

Areas of Focus

Client acceptance

Review engagements

Compilation engagements

Financial statement analysis

Personal tax

Corporate tax

Management decision-making

Finance

12

13

Find in the

Module 1 Student

Overview in the

Mentor Centre

14

Find in the

Module 1 Student

Overview in the

Mentor Centre

15

Find in the

Mentor Centre

Learning Objectives









16

Watch

Framework for

CASB Mentors

for challenges

common to all

modules

Where Module 1 Students Struggle

17

Student challenges

Unfamiliarity with CASB program

Technical challenges

18


Expectations

Competency-based program

Self-directedness

Unfamiliarity with CASB program

Technology

Case writing skills

19


Technical challenges vary by student

20


Various tax issues

Allocation of costs amongst divisions

Lease vs. buy decisions

Technical challenges

Learning Objectives









21

Watch

Framework for

CASB Mentors

for tips common

to all modules

How Mentors Can Help

Module 1 Mentoring

Set expectations

Clarify competency-

based program

Encourage self-

directedness

Encourage development

of case-writing skills

Offer tips on using

technology

Coach for technical

weaknesses

22

Encourage self-

directedness

Clarify

competency-

based program

Set expectations

Offer tips on

using technology

Coach for

technical

weaknesses

The quick

brown fox

jumpeox

jumped

over the

Lazy dog.

The quick

Facilitate case

writing skills


23

Set expectations

12 – 15 hours per week

Integrative model


24

Find in the

Mentor Centre

Set expectations


25

Other internal training office policies

Set expectations


26

Competencies

Knowledge

Skills

Attitudes

Behaviour

Knowing is not enough Doing

Clarify

competency-

based program


27

Revisions

Competency ≠ perfection

Clarify

competency-

based program


28

Guidance rather than answers

Encourage self-

directedness


29

Collaboration

vs. plagiarism Encourage self-

directedness

Find in the

Mentor Centre


30

The quick

brown fox

jumpeox

jumped

over the

Lazy dog.

The quick

Facilitate case

writing skills

Find in the

Mentor

Modules

Watch

Approaching a

Simulation

presentation in

the Mentor

Centre for

guidance on

case-writing


31

The quick

brown fox

jumpeox

jumped

over the

Lazy dog.

The quick

Facilitate case

writing skills

Find in the

Mentor

Modules

32


The quick

brown fox

jumpeox

jumped

over the

Lazy dog.

The quick

Facilitate case

writing skills

Find in the

Mentor

Modules


33

Find in the

Mentor Centre

Offer tips on

using technology


34

Find in the

Mentor

Modules

Offer tips on

using technology


35

Excel tips

Handbook layout tips

Virtual Professional Library tips

Offer tips on

using technology


36

Find in the

Module 1 Student

Overview in the

Mentor Centre

Coach for

technical

weaknesses


37

Find in the

Mentor

Modules

Coach for

technical

weaknesses


38

Other internal training office resources

Coach for

technical

weaknesses


39

Week 1: Tax Resources

http://www.cra-

arc.gc.ca/tx/bsnss/tpcs/pyrll/rtrns

/t4/rtrn/menu-eng.html

ITA 78(4)

Canadian Tax

Principles/Taxable income and

Taxes Payable for Individuals


ITA 15(2), ITA 15(2.6), ITA 5(1)

ITR 119R4

Canadian Tax



Canadian Tax

Principles/Corporate Taxation

and Management Decisions

ITA (6)(1)(e)

IT 63R5

CRA publication RC 4110

Employee or Self-employed?

Ernst & Young's Guide to

Preparing Personal Tax

Returns/Total Income/Business

and Professional

Income/Classification of Income

by Source/Business Income vs.

Employment Income


Capital classes:

FITAC>>Income tax

regulations>>Schedule XI

IT – 518R Food, Beverages, and

Entertainment Expenses

Interest & penalties:

FITAC>>ITA 18(1)(t)

Net Capital loss: FITAC>>ITA

111

CRA publication RC 4120

Employers’ Guide Filing the T4

Slip and Summary- Gross salary

CRA publication T4130

Employers’ Guide – Taxable

Benefits and Allowances

Canadian Tax



E+Y's Guide to Preparing

Personal tax Returns/Total

Income/Employment Income

Find in the

Module 1 Student

Overview in the

Mentor Centre

Coach for

technical

weaknesses

How Mentors Can Help Week 4: Tax Resources

Capital classes:

VPL>>FITAC>>Income tax

regulations>>Schedule XI

CRA Website/T4012/T2

Corporation-Income Tax Guide

IT518R

Interest & penalties:

FITAC>>ITA 18(1)(t)

Net Capital loss: FITAC>>ITA

111

Canadian Tax Principles (non-

arms length transfers and

attribution rules)

ITA 69, 73 & 74.1


None


IT Bulletin 514 - Work Space in

Home and ITA Section 18(12)

Canadian Tax Principles/Capital

gains and losses/Provisions for

Special Assets/Principle Residence

Canadian Tax Principles/Income or

Loss from a Business

Ernst & Young’s Guide to Preparing

Personal Income Tax Returns/ Total

Income/Business and Professional

Income

The Canadian Business

Compliance Manual/Personal

Financial Matters/Wills and Estate

Planning/Tax Consequences Upon

Death

Canadian Tax Principles –

Procedures and

Administration/Returns and

Payments

Canadian Tax Principles –

Supplementary Readings No. 7 –

Final Returns for Deceased

Taxpayers


Superficial Loss: ITA 53, ITA 54,

ITA 40(2)(g)

Child Care Expenses: ITA 63,

IT-495R3

Medical Expenses: ITA 118.2, IT

519R2

Donations: IT 110R3

Employment Expenses: CRA

Guide T4044

Canadian Tax Principles

Ernst & Young’s Guide to

Preparing Personal Income Tax

Returns

IT Regulations 5800

ITA 150

40

Find in the

Module 1 Student

Overview in the

Mentor Centre

Coach for

technical

weaknesses


41

Activity-based costing

Coach for

technical

weaknesses

Find in the

Mentor

Modules


42

Lease vs. buy decisions

Find in the

Mentor

Modules

Coach for

technical

weaknesses

Learning Objectives









43

Smaller and Larger Offices

Buddy system

44

Watch

Framework for

CASB Mentors

for tips common

to all modules

Watch CA

Training Office

Mentoring

Practices for

common

mentoring

practices

N

Orientation

session

Module

1

Module 1

session

Technical

sessions Module 1

champion

The quick

brown fox

jumpeox

jumped

over the

Lazy dog.

The quick

Case writing

skills session

Watch

Approaching a

Simulation

presentation in

the Mentor

Centre for

guidance on

case-writing

Learning Objectives









45

46

Mentor Resources

Mentor Centre CASB Mentor Modules UFE Prep Mentor Module

Content • Mentoring resources

• Common

practices

• General

framework

• Module-specific

• Topic-specific

• Webinar

recordings

• Learning materials

from modules 1

through 5

• Links to Mentor

Centre resources

• Learning materials from

CASB’s UFE Prep

program

• Links to Mentor Centre

resources

Location www.casb.com Desire2Learn Desire2Learn

Access Open Registration required Registration required

UFE

Learning Objectives









47

48

CASB Mentor Modules Registration

Why • Access to all learning materials from modules 1 through 5

• Advanced notice of mentoring events/new mentoring

resources

Who • Qualified CA

• Senior CASB student

• HR Contact

• Student Contact

How Complete CASB Mentor Registration Application in Forms

section of www.casb.com

When • Register anytime

• Content refreshed with each module offering

• Registration renewed annually in October

49

UFE Prep Mentor Module Registration

Why • Access to all learning materials from CASB’s UFE Prep

• Advanced notice of UFE mentoring events/new UFE

mentoring resources

Who • Qualified CA

• CASB student who

successfully completed UFE

• HR Contact

• Student Contact

How Complete UFE Mentor Registration Application in Forms

section of www.casb.com

When • Register anytime

• Content refreshed each May

• Registration renewed annually in April

UFE

50

Mentoring Questions

Lara Greguric, MA, CA

Director of CA Training Office Engagement

CA School of Business

Email: [email protected]

Phone: 604-488-2645

Contact:

Thank you

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Date post:	11-Sep-2019
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Module 1 Mentoring Tips - CASB · Module 1 Mentoring Tips . Learning Objectives 1. Understand the...

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