PKF ANTARES

🌟The Rise of Decentralized Finance (DeFi) and Its Auditing Challenges 🌟 🚀 As DeFi continues to reshape the financial landscape, auditing in the cryptocurrency industry faces unprecedented complexities. From validating blockchain transactions to managing regulatory frameworks, auditors must adapt to a rapidly evolving environment. 🔑 Key Highlights: The role of blockchain validators, crypto custodians, and payment processors in securing and enabling digital transactions. Challenges in auditing crypto firms, such as testing IT controls, safeguarding private keys, and addressing compliance in a volatile regulatory landscape. The critical need for specialized competencies in auditing, leveraging advanced tools like blockchain explorers and big data analytics to ensure accuracy and reliability.   #DeFi #Cryptocurrency #Auditing #Blockchain #Compliance #Innovation #Finance #pkfantares #canadianblockchainsummit #canadianblockchainsummit2024 Canadian Blockchain Consortium Find the full article here: https://lnkd.in/geJ-5rGx

“A stitch in time saves nine.” This timeless idiom perfectly captures the essence of growing businesses—be it startups or scale-ups—prioritizing cybersecurity maturity to safeguard their success in today’s digital-first world. Without timely interventions, cybercrime caused global losses of $9.5 trillion USD in 2024, with damages expected to grow 15% annually, reaching $10.5 trillion USD by 2025 (Forbes). Cybersecurity maturity models are essential frameworks that help organizations: • Assess their resilience against cyber threats. • Identify their current position on the cybersecurity maturity spectrum. • Benchmark their security against industry best practices. • Build a proactive roadmap to address evolving risks. By adopting these models, businesses can enhance their security posture, mitigate risks, and stay ahead of cybercriminals in a rapidly changing threat landscape. Take a look at our recent blog post: https://lnkd.in/gY6WhcHg #PKFAntares #Cybersecurity #DigitalTransformation #BusinessGrowth #CyberResilience #TechLeadership #ProactiveSecurity #CyberMaturity 💻🔐📈

PKF Global Gathering took place in Seoul this year. Our partners Ruslan Cebotari, CPA, CMA and Timur Lidzhiev, CPA, CGA represented the PKF Antares. It was great connecting with members from other firms and seeing the friends made previously. #PKFglobalgathering #PKFfamily #pkfantares PKF ANTARES #jeffreylau Aleksandr Natanelov Tamir A. Siew Inn Pong

✨ PKF Antares had the pleasure of attending the 22nd Capital Connection in Toronto on Nov 11-12, 2024! ✨ It was a fantastic opportunity to connect with industry leaders and exchange insights. We were delighted to meet with some incredible professionals, including Erin O'Toole, Jesse Rosensweet, Darin Brock, Mike Fenton - C.F.R.E., and Yong Kwon. Our manager, Erkin Atakhanov, CPA Atakhanov, represented PKF Antares with pride, connecting with key players and sharing our expertise. We look forward to future collaborations with the inspiring people we met!     #PKFAntares #CapitalConnection2024 #Toronto #Networking #BusinessConnections #FutureCollaboration

🌟 PKF ANTARES is Live at the Canadian Lenders Summit 2024! 🌟   Today, our team is excited to be on the ground at the Canadian Lenders Summit 2024, connecting with leading minds in finance and lending. This summit is a unique opportunity to collaborate on the future of financial services and explore new business avenues together.   We welcome our clients and partners to drop by and connect with us during the event. It's a fantastic chance to discuss upcoming projects and innovative ideas.   Matt Connors Arina Eremina Cato Pastoll Derek Cook William Tsutsumida If you're here, we’d love to connect—let's make the most of our time at the summit!   📍 Canadian Lenders Summit 2024 📅 Date: November 6, 2024   Let’s work together to shape the future of lending. #CanadianLendersSummit2024 #PKFANTARES #FinanceInnovation #Networking #LendingIndustry

When you purchase or construct a new rental property, you're required to pay GST/HST on the property. If a builder constructs a rental property and leases out its units, they too must pay GST/HST on the property's value either when construction nears completion or when the first unit is rented out. Rental income from long-term residential leases is exempt from GST/HST, so the builder/landlord cannot claim Input Tax Credits (ITCs) for the GST/HST paid. However, they may qualify for a rebate on a portion of this GST/HST. Comment or repost to have access to the full article link. #gstrebate #gsthstrebate #hstrebate #inputtaxcredit #residentialrebate #builderrebeta #constructionrebate #taxrebate #rentalpropertyrebate #nrrp #nrrprebate #newresidentialrentalpropertyrebate #ontarionrrprebate #pbrhrebate #purposebuiltrentalhousingrebate

The influence of Environmental, Social, and Governance (ESG) on board decisions is growing in nearly every industry, with over 75% of private market investors planning to stop acquiring products that lack ESG credentials. This is due to the increasing focus on environmental issues over time, such as climate change, energy consumption, resource utilization, and waste management. In the current business environment, companies are facing mounting pressure to integrate ESG considerations into their strategic planning. Check out our newsletter publication find out how to develop an effective ESG strategy. #esgstrategy #pkfantares #esg #gri #globalreportinginitiative

One of the biggest challenges to financial growth to businesses and individuals is cybersecurity or the lack of it. It could be an advantage at the same time if proper planning and trainings are done. Some tips to prevent falling in cyber traps. #pkfantares #cyberawareness #cyberawareness2024 #cybersecurity #cybersecurityawareness

Happy Diwali! May this festival of lights bring new opportunities and successes in your professional journey. 🎇 #diwali2024 #pkfantares

It was birthday celebration day at PKF Antares Calgary. We have not had so many team members that were born in the month October before! Their contributions have made a significant impact on our team. Wishing them a year filled with success and happiness! Fun fact: October is the month of Libra and Scorpio. Which one are you? #pkfantares #pkfantarescalgary #corporatecelebration #corporateevent #teamappreciation