Colin Ellis


Recent Blog Posts By Colin Ellis

US audit watchdog releases audit inspection reports for national accounting firms Deloitte Canada, MNP LLP

Is audit quality on the upswing in Canada? The US Public Company Accounting Oversight Board finds little fault in newly released Canadian audit inspections

BC accounting firm De Visser Gray censured and fined by US audit watchdog

Public Company Accounting Oversight Board notes repeated use of Canadian Professional Engagement Guide (PEG) audit programs for US audits

Two of the Big Four accounting firms failed their audit inspections in 2023 — but we don’t know who

The Canadian Public Accountability Board says it will take at least two years before more transparency is provided as to which firms fail and which succeed

PCAOB finds fault with half of Ernst and Young Canada audits inspected

US audit watchdog inspection report details audits with multiple deficiencies and potential non-compliance with independence rules over financial relationships

Empowering CPAs: The Role of a Master’s Degree in Tax Law

Two chartered professional accountants share their insights into the Osgoode Professional LLM

Homegrown national accounting firm MNP kicks off 2024 with new Quebec acquisition

Lafond CPA merger gives MNP a foothold in the Bas-Saint-Laurent region of La Belle Province, close to the border with New Brunswick

Canadian audit watchdog CPAB bans American accounting firm BF Borgers

The Canadian Public Accountability Board closed 2023 as it had begun — with an enforcement action against an American public accounting firm

What went wrong at PwC Canada: Accounting firm agrees to pay $1.45-million to settle exam cheating scandal

CPA Ontario’s 15-page settlement agreement provides the most insight yet into widespread answer-sharing on PwC’s mandatory internal training tests

The top 10 partner posts on Canadian Accountant in 2023

From Loop to Ownr to Float to Plooto, from QBO to InterVal to Xero, we present the top 10 articles that got CPAs thinking about software solutions in 2023

The 10 most popular Canadian Accountant stories of 2023

From ChatGPT to foreign firms to Big Four layoffs, which story did readers click on the most in the past year? And which story came out on top?

September 2023 CFE results released as CPA accountancy bodies reach education agreement

CPAO says journey for students to become CPAs will not change and is unaffected by Ontario, Quebec decision to withdraw from Collaboration Accord

Canadian accounting firm Manning Elliott sanctioned by US audit watchdog for not disclosing CPAB censure

BC auditor was barred earlier this year by the Canadian Public Accountability Board from accepting new high- and medium-risk reporting issuer clients

Seven reasons why you should attend Accountex Canada 2023 this week

There’s still time to attend one of the premier accounting conferences of the year, taking place this Wednesday and Thursday at the Metro Toronto Convention Centre

Fifth BC accounting firm censured by audit regulator CPAB thus far in 2023

WDM Chartered Professional Accountants censured by the Canadian Public Accountability Board, which has released seven enforcement actions this year

Multiple deficiencies cited by US audit watchdog in two Canadian firms' inspection reports

The Public Company Accountability Board has released inspection reports for two accounting firms, Crowe MacKay LLP and SRCO Professional Corporation

PCAOB finds faults in more than half of PwC Canada, BC accounting firms' audits

US audit watchdog releases inspection reports with multiple deficiencies for PwC Canada, De Visser Gray LLP, and Harbourside CPA LLP

Another BC accounting firm punished by audit regulators

The Public Company Accounting Oversight Board in the United States has censured Canadian firm K.R. Margetson and its principal, Keith R. Margetson

2023 Canadian Accounting Hall of Fame inductees includes forensic accountant Al Rosen, prominent critic of profession

Founders of the Profession category includes critic of international financial reporting standards, cannabis company accounting, audit scandals and more

Accounting for the Greenbelt giveaway: Auditor General report proves Doug Ford gave Ontarians no value for their money

Ford has disparaged Bonnie Lysyk, FCPA, FCA, whose decade-long tenure has come full circle with a special report on a deal that favoured developers

CPAB bans Vancouver accounting firm from auditing publicly listed companies

Audit regulator terminates Hay & Watson audit engagements, censures Calgary-based firm PKF Antares over new audit engagements with risk

Canadian audit watchdog CPAB sanctions third BC accounting firm this year

Smythe LLP, Manning Elliott LLP, and DMCL have all been barred by the Canadian Public Accountability Board from accepting new, high-risk clients

Special Report: Foreign accounting firms dominated Canadian mid-tiers in 2022 and the audit regulator is concerned

Audit firms based in the United States made the most net client gains in the Canadian mid-tier accounting sector, according to data compiled by Audit Analytics

Special Report: KPMG Canada beats Big Four accounting rivals in net new client gains

But Ernst and Young Canada was the real winner in new audit engagements in 2022, according to data compiled by Audit Analytics

Top accountant’s jump between two sustainability standards boards puts focus on new CSSB

Do recent appointments to the new Canadian Sustainability Standards Board, including new chair Charles-Antoine St-Jean, balance global standards with Canadian special interests?

Special Report: Overall audit quality drops at Canadian accounting firms as audit regulator pursues more transparency

Canadian Public Accountability Board annual inspection report reveals poor performance overall exaggerated by some audit firms