The Ledger, Dec. 10: The week that was in Canadian accounting news
Reflections on Bonnie Lysyk, plus casinos, cannabis and Riverdale
TORONTO, Dec. 10, 2017 – Canadian Accountant's weekly round-up of Canadian accounting news stories:
Auditing the Ontario Auditor General
Ontario Auditor General Bonnie Lysyk, FCPA, FCA, issued her annual report during the week — the last one before the June 7 provincial election — and attacked a litany of problems in two volumes. But at least one pundit has questioned the impartiality of the auditor general, based on her “reflections.”
PwC Gets Good Digital Marketing
In the same week that PwC Toronto opened its new Digital Experience Centre, the Big Four firm got a big blast of free advertising through a simple trick: its Hong Kong office accepted its first Bitcoin payment. What a stroke of genius! The news was ignored by most mainstream financial news but was plastered on the home page of every cryptocurrency and fintech website. Well done!
Vancouver Going Up In Smoke?
You don’t often hear Deloitte and drugs in the same sentence but The Telegraph in the U.K. claims Vancouver may become the new Amsterdam, based on a Deloitte study of the cannabis industry.
The House Always Wins in B.C.
The new NDP government in B.C. is tightening up the financial controls at casinos like River Rock to put an end to money laundering.
Riverdale Brings Big Bucks to B.C.
According to MNP, the filming of CW’s breakout teen drama Riverdale (never watched it) has brought more than $60 million in spending to the province.
Pelham Audit Sparks War of Words
Allegations of financial impropriety that prompted a KPMG audit in the Town of Pelham, Ont., sparked a war of words in the Ontario Legislature.
Colin Ellis is editor-in-chief of Canadian Accountant.