Standards
Profession
CPAB Annual Report: As transparency improves, so does audit quality at Canadian accounting firms
The Canadian Public Accountability Board reports a second consecutive year of improvement in audit firm inspection findings compared to historical results
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Sunday News Roundup 26.03.22: KPMG audit deficiencies, Deloitte AI errors, and more Canadian accounting news
Our weekly Canadian accounting news roundup includes CPAB audit inspection reports, why you should join CPA Canada, the accounting dealbook and more.
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Big Four accounting firm Deloitte Canada comes out on top in first firm-specific inspection reports from audit watchdog
KPMG Canada has highest rate of files with significant findings among Big Four firms according to reports published by Canadian Public Accountability Board
- COMMENTS 13
- LIKES 149
- VIEWS 160
Thought Leaders
Why can’t accountants prevent fraud?
How can the accounting profession prevent fraud — and protect both investors and the public — or is this a Sisyphean task?, asks Philip Maguire, CPA, CA
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Sunday News Roundup 26.01.25: Davos D-Day, audit watchdogs defanged, and more Canadian accounting news
Our weekly Canadian accounting news roundup includes the Mark Carney in Davos, the PCAOB and FRC pressured, PwC Canada and the Martel Ponzi, and much more
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
BC accounting firm Davidson & Company LLP gets clean sheet from US audit watchdog
PCAOB inspection report comes one year after censure by Canadian Public Accountability Board, based on audit inspection information from foreign regulator
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Raymond Chabot Grant Thornton gets clean audit inspection sheet from US audit watchdog
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
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
PCAOB inspection report: Almost half of PwC Canada audits included significant deficiencies
PricewaterhouseCoopers lowered its deficiency percentage from 63 to 43 per cent, according to US audit watchdog review of seven audits conducted in 2024
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
CPA Ontario fines former KPMG Canada partner $50k over failed Laurentian University audit
Laurie Bissonette, who led the KPMG audit engagement team just prior to Laurentian filing for insolvency, also had her fellowship designation suspended
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Change of leadership at audit watchdog CPAB at critical time for audit, accounting regulation
Former Ontario Securities Commission regulatory executive Sonny Randhawa, CPA, CA to replace Carol Paradine at helm of Canadian Public Accountability Board
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Canadian Public Accountability Board extends enforcement action against Manning Elliott LLP
British Columbia based accounting firm will still be prohibited from accept new high-risk reporting issuer audit clients, says Canadian audit watchdog CPAB
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
BC accounting firm DMCL fined for AML/ATF non-compliance by FINTRAC
Canada's financial intelligence unit, the Financial Transactions and Reports Analysis Centre, levied the fine against Dale Matheson Carr Hilton LaBonte LLP
- COMMENTS 13
- LIKES 149
- VIEWS 160
