PCAOB inspection report comes one year after censure by Canadian Public Accountability Board, based on audit inspection information from foreign regulator

A rare achievement for a Canadian accounting firm as the US Public Company Accounting Oversight Board finds no deficiencies in its inspection of two audits

PricewaterhouseCoopers lowered its deficiency percentage from 63 to 43 per cent, according to US audit watchdog review of seven audits conducted in 2024

Laurie Bissonette, who led the KPMG audit engagement team just prior to Laurentian filing for insolvency, also had her fellowship designation suspended

Former Ontario Securities Commission regulatory executive Sonny Randhawa, CPA, CA to replace Carol Paradine at helm of Canadian Public Accountability Board

British Columbia based accounting firm will still be prohibited from accept new high-risk reporting issuer audit clients, says Canadian audit watchdog CPAB

Canada's financial intelligence unit, the Financial Transactions and Reports Analysis Centre, levied the fine against Dale Matheson Carr Hilton LaBonte LLP

The Canadian Public Accountability Board has prohibited Abu-Farah Professional Corporation from accepting all new reporting issuer audit engagements

EY Canada lowers deficiency rate from 50 to 25 per cent according to US audit watchdog inspection report over four 2024 audits by Big Four accounting firm

Bureaucracy, explains Philip Maguire, CPA, CA, is a curse on the ability to manage an organization in an effective manner, to the detriment of productivity

Clearhouse prohibited from accepting new high and moderate risk reporting issuers including those resulting from IPOs, reverse takeovers, other transactions

Of the 12 firms subject to Enhanced Quality Management Review (EQMR), two were found to have significant reportable deficiencies requiring remedial action