Meeting the Challenge of Change – Report of the CICA Long-Range Strategic Planning Committee (1986)

A 1986 report by the Canadian Institute of Chartered Accountants (CICA) states (on page 5): “The Canadian CA profession - like the accounting profession worldwide - is facing fundamental and pervasive change. Led primarily by the rapidly evolving information technology that is revolutionizing business operations, but due also to altered perceptions about the value of the traditional attest audit, the role of chartered accountants in society - whatever their area of practice - is changing dramatically. CAs in public practice face new and increasing demands from their clients for services extending beyond those related to historical financial information and income tax advice and toward future-oriented information necessary for economic decision making. In the process, the CAs role is expanding from that of reporter and analyst of past events to communicator and adviser about business information affecting the future.”

The report further states: “CAs outside public practice - those in industry and government, for example - are no less subject to these demands, albeit from their employers. And CAs in education must face the challenging task of educating the profession's future members to meet this challenge. In an effort to manage change and provide strategic directions for our profession, the CICA Board of Governors formed the Long-Range Strategic Planning Committee in February 1984. Over the past two years, our assessment of these changes, via member and user surveys, focus groups, committee research, literature review and presentations at CICA and provincial institute conferences, has led us to develop an exciting vision of what the CA profession might become over the next 10 to 20 years. It is a vision of a more broadly-based profession whose highly-skilled members are the recognized experts in meeting the needs of an information society.”

The Committee’s conclusions are summarized in a mission statement and 14 specific strategic proposals. These proposals and the overall strategic direction are interrelated and should be looked on as a total concept. To learn more, read Meeting the Challenge of Change – Report of the CICA Long-Range Strategic Planning Committee (1986). Because of its multi-coloured front cover, it is commonly referred to as the “Rainbow Report.”

IBM’s 100 Icons of Progress

"In the span of a century, IBM has evolved from a small business that made scales, time clocks and tabulating machines to a globally integrated enterprise with more than 400,000 employees and a strong vision for the future. The stories that have emerged throughout our history are complex tales of big risks, lessons learned and discoveries that have transformed the way we work and live. These 100 iconic moments—these Icons of Progress—demonstrate our faith in science, our pursuit of knowledge and our belief that together we can make the world work better." 

"In the late-1980s, IBM helped create a network of supercomputer centers dubbed NSFNET (the National Science Foundation Network), one of the first networks to use TCP/IP. The project essentially gave birth to the Internet—and business and life around the world changed forever. Before the Internet, scientists and researchers had to travel—often out of the country—for computing resources and to collaborate on major projects. By the early 1980s, an early Internet had begun to emerge: a primitive, regional telecommunications network linking several national laboratories and supercomputing centers that could be accessed only by trained experts. It was complicated, unfriendly and slow. But it was an important first step to the worldwide establishment of the Internet."

IBM celebrates 100 years

“Of the top 25 industrial corporations in the United States in 1900, only two remained on that list at the start of the 1960s. And of the top 25 companies on the Fortune 500 in 1961, only six remain there today. Some of the leaders of those companies that vanished were dealt a hand of bad luck. Others made poor choices. But the demise of most came about because they were unable simultaneously to manage their business of the day and to build their business of tomorrow. As you read this, IBM begins its 101st year. Today we take a moment to step back and view the longer arc of history. We’d like to share some of what we have learned—sometimes in humbling ways—on our journey so far.” Read the full essay on the IBM 100 website. Explore an evolving collection of stories about the 100 IBM innovations that helped shape the last century. Celebrate IBM’s 100-year history with commemorative memorabilia designed exclusively for IBMers, families and friends.

A History of the Bar Code

In 1949, a young graduate student was wrestling with the concept of automatically capturing information about a product. He believed that the dots and dashes of Morse code would be a good model, but he could not figure out how to use those familiar patterns to solve his problem. Then, one day as he relaxed at the beach, he idly drew dots and dashes in the sand. As his fingers elongated the dashes he looked at the result and said, "Hey, I've got it." Three years later that graduate student, Joseph Woodland, and his partner received a patent on what began as lines in the sand, and the linear bar code was born. Today, the best-known and most widespread use of bar codes has been on consumer products. The Universal Product Code, or U.P.C., is unique because the user community developed it. Most technological innovations are first invented and then a need is found for the invention. The U.P.C. is a response to a business need first identified by the US grocery industry in the early 1970s. (For more information, see “A History of the Bar Code” at the Economic History Association online and "How UPC Bar Codes Work" at How Stuff Works online.

Canadian income tax, then and now

It has been almost 40 years since Canada overhauled its tax system, eliminating estate duties and bringing in capital gains tax. Since 1972, we have seen no less than 49 editions of the Income Tax Act. Its length has increased enormously and the complexity exponentially. Changes in technology have aided the Canada Revenue Agency in the selection and audit of taxpayers. Ever-changing legislation, powerful audit tools, information exchange agreements and anti-avoidance rules have made tax planning harder, tax compliance more challenging and tax enforcement easier with key changes over the past 40 years and challenges presented to the accounting profession. (Read the article “Income tax, then and now” in the June-July 2011 issue of CAmagazine online.)

History of the FAX Machine

It once was the center of modern office technology, spitting out reams of important documents as they poured in from around the world, letting business people exchange printed information as fast as they could across the telephone lines. The FAX machine is still an important piece of office technology, despite the advances that e-mail and the Internet have brought. The FAX-machine concept dates back more than a hundred years. The technology has been in place almost as long and was heavily influenced by another technology of the day - the telegraph, the first technology that allowed humans to send information instantly to distant points via electrical wires. What is the history of the FAX machine? And, where did the term "FAX" come from anyway? To learn more, visit the website on HowStuffWorks and read the article History of the FAX Machine, including related links.

Canada Says Hello: The First Century of the Telephone

If the telephone wasn’t born in Canada, it was certainly conceived here. In 1874, in Brantford, Ontario, inventor Alexander Graham Bell first described the scientific principle that would convey the human voice over wires. By the Second World War, Canadians led the world in talking by telephone. Later they reached out to each other and around the globe with long distance calling, transatlantic connections and predictions for the future. Read the online features, watch television clips (including “Telephones go transatlantic” originally broadcast on January 14, 1957) and listen to numerous historical radio clips at the CBC Digital Archives.

CICA - Information Technology Advisory Committee

The Information Technology Advisory Committee (ITAC) of the Canadian Institute of Chartered Accountants (CICA) was established in 1991 by the CICA's Research Studies Department. A four-person committee was set up to help the CICA Studies and Standards Group keep abreast of the potential impact of technological developments on Canadian accounting and auditing standards, practices and methodologies. Throughout the 1990s, ITAC's focus was assisting the auditing profession, since technology had made it possible for auditors to implement procedures not possible previously, because of time constraints and costs. Today, ITAC is made up of representatives from accounting firms, financial institutions, government and academe. They meet four times a year for a one-day meeting and conference calls are scheduled as needed. ITAC’s focus is broader than advising on national accounting and auditing standards (see About ITAC). Notably, it provides advice and prepares guidance on information technology matters affecting the CA profession and the business community (see ITAC Recent Activities and ITAC Publications). A history of ITAC is provided in the CAmagazine article, "Behind the Committee" published in January/February 2004.

Archive-It web archiving and preservation

Archive-It, a web archiving and preservation service, allows institutions to build and preserve collections of digital content. It is used by a number of Canadian universities, such as the University of Toronto and the University of Waterloo. Through a user-friendly web application, Archive-It partners can harvest, catalog, manage and browse their archived collections. Collections are hosted at the Internet Archive data center and are accessible to the public with full-text search.

Going digital - Canada's CAmagazine

Canada's CAmagazine has an online digital edition. Depending on user preferences and computer system attributes, a reader can choose between the Rich Interactive Digital Edition and the Digital Anywhere version. Digital Anywhere is a high-quality, user-friendly version with interactive features such as Share, Bookmarking and RSS feeds. It also enables readers with older computers to view the full digital edition content. Digital archives are available from April 2009.

Overview of the World Digital Library (WDL)

Launched to the international public in April 2009, the World Digital Library (WDL) makes available on the Internet, free of charge and in multilingual format, significant primary materials from countries and cultures around the world. The principal objectives of the WDL are to: promote international and intercultural understanding; expand the volume and variety of cultural content on the Internet; provide resources for educators, scholars, and general audiences; and build capacity in partner institutions to narrow the digital divide within and between countries. The WDL can be browsed by place, time, topic, type of item and institution.