Global

Business

Annual reports should inform society — not only those with a financial interest

Climate accounting standards an example of societal impact, explains Financial Accounting Professor Alan Jagolinzer
Business

COVID-19: The economic wildcard of the Biden Administration

Canadian accounting, economic experts say COVID-19 will determine U.S. economic stimulus and recovery
Thought Leaders

Footing the COVID-19 bill: Economic case for tax hike on wealthy

How Canada compares to Western economies in terms of taxes and inequality
Business

Which Canadian economic sectors will benefit from the Biden Administration?

The economic impact on Canada will depend on who controls the U.S. Senate, say expert Canadian accountants, economists
Business

How would big tax hikes from Joe Biden affect Canada?

Canadian accounting, economic experts predict a tough road ahead for Biden
Transfer Pricing

AgraCity Ltd. v. The Queen, case study

Will recent CRA tax court losses result in the toughening of transfer pricing rules?
Business

Free trade or tariffs? How the Biden Administration will affect Canadian, global trade

China the focus of U.S. policy, say Canadian accountants, economists
Thought Leaders

What Joe Biden’s climate plan means for Canada

Professor Robert O'Brien of McMaster University details three economic implications of the Biden climate plan
Thought Leaders

U.S. election results may suggest ethics no longer matter … just like in Canada

Thought leader Ako Ufodike, FCPA, FCGA on the importance of ethics to voters in Canada and the U.S.
Thought Leaders

Ant Group: why America is missing out on the biggest IPO in history

The biggest losers of the fight over Chinese audit transparency will be capital markets and investment funds says Daniel Broby
Thought Leaders

The weak dollar: why it won’t be replaced as global reserve currency

We should not expect a new financial order; the US dollar is soft but not for long
Practice

The CRA's pursuit of real estate data goes south of the border

Lost tax revenue in the real estate sector has been a key issue for the CRA, say David Piccolo and Jessica Bishara of TaxChambers LLP in Toronto.
Profession

Audit keeps failing — here’s why a fundamental change is needed

Recent failures of the auditing profession and Big Four accounting firms proves auditors should be responsible for detecting fraud in financial statements
Practice

Do Swiss banks owe your accounting clients money?

Clock is ticking for investors who held Swiss bank accounts to claim reimbursements of retrocessions deemed illegal
Thought Leaders

Paying for coronavirus will have to be like war debt — spread over generations

There is no magic money tree in economics, says Anton Muscatelli
Profession

Accounting profession publishes views on beneficial ownership transparency

CPA Canada and IFAC joint report on registries as AML tools
Thought Leaders

Governments must resist coronavirus lobbying and focus on long-term transformation

Corporations around the world are seeking another massive bailout by taxpayers
Thought Leaders

Could COVID-19 turn Canadians from debtors into savers?

The final part of our series on the COVID-19 pandemic and economic models
Thought Leaders

What economic model will the post-pandemic economy follow?

Part three of our series on the COVID-19 pandemic and economic models
Practice

IRS may require snowbirds stuck in the US to file tax returns

Snowbirds caught in the US due to COVID-19 may face tax issues, says Gabriel Castillo
Business

How coronavirus is changing the rules on foreign investment in essential areas

The COVID-19 crisis appears to be speeding up the deglobalization process
Thought Leaders

Accounting for COVID-19 economics: Same as the Great Recession?

Part two of our series on the COVID-19 pandemic and economic models
Thought Leaders

It could take two years for the economy to recover from the coronavirus pandemic

Past-pandemic studies suggest current economic outlook, says accounting figure Steven Salterio
Thought Leaders

CRA Audit Activity: The Calm Before The Storm?

Trump's tax cuts and deficit spending will increase CRA's vigorous audit activities
Thought Leaders

Oil crash explained: How are negative oil prices even possible?

On Monday, oil futures’ contracts ended the day at -US$37