{"id":4999,"date":"2011-08-25T15:23:52","date_gmt":"2011-08-25T19:23:52","guid":{"rendered":"http:\/\/mhgoldberg.com\/blog\/?p=4999"},"modified":"2011-08-25T15:24:29","modified_gmt":"2011-08-25T19:24:29","slug":"reducing-paperwork","status":"publish","type":"post","link":"https:\/\/mhgoldberg.com\/blog\/?p=4999","title":{"rendered":"Reducing paperwork"},"content":{"rendered":"

The CRTC has approved changes<\/a> to the way the National Contribution Fund operates, reducing some of the paperwork required for smaller competitive phone companies.<\/p>\n

The\u00a0Canadian Portable Contribution Consortium (CPCC) had proposed raising the contribution\u00a0eligible\u00a0revenue threshold for requiring audited statements to $100M (from the current $50M). Also, all\u00a0companies\u00a0that currently receive a local phone subsidy are\u00a0required\u00a0to provide audited figures; CPCC proposed requiring audits\u00a0only\u00a0if the level of subsidy will exceed $0.5M in a given year.\u00a0Companies that do not exceed the audit thresholds are only required to file an affidavit attesting to the accuracy of their figures.<\/p>\n

Finally, the CPCC has incorporated standardized audit requirements by reference to the\u00a0Canadian Institute of Chartered Accountants (CICA), thereby ensuring that its requirements are kept consistent with CICA on an ongoing basis, rather than needing future amendments to be approved by the CRTC.<\/p>\n

Telecom Decision CRTC 2011-529<\/a> includes a copy of the complete procedures guide. The changes provide welcome relief to the costs of regulatory compliance.<\/p>\n","protected":false},"excerpt":{"rendered":"

The CRTC has approved changes to the way the National Contribution Fund operates, reducing some of the paperwork required for smaller competitive phone companies. The\u00a0Canadian Portable Contribution Consortium (CPCC) had proposed raising the contribution\u00a0eligible\u00a0revenue threshold for requiring audited statements to $100M (from the current $50M). Also, all\u00a0companies\u00a0that currently receive a local phone subsidy are\u00a0required\u00a0to provide …<\/p>\n

Reducing paperwork<\/span> Read More »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","two_page_speed":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4999","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nReducing paperwork • Telecom Trends<\/title>\n<meta name=\"description\" content=\"The CRTC has approved changes to the way the National Contribution Fund operates, reducing some of the paperwork required for smaller competitive phone • August 25, 2011\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mhgoldberg.com\/blog\/?p=4999\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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