When a client asks a CPA to "confirm source of funds": Define what the letter actually does

A CPA's signature can turn a narrow records review into a much broader assertion in the eyes of a bank, lawyer, regulator, or immigration decision-maker

Accounting firm RSM Canada LLP censured by Canadian audit watchdog for backdating signoffs

CPAB settlement agreement details six-year history of RSM auditors violating auditing and quality control standards related to sign-offs on audit workpapers

Canadian audit watchdog issues audit inspection reports for Grant Thornton branded accounting firms

The Canadian Public Accountability Board released audit inspection reports for Doane Grant Thornton, Grant Thornton U.S., and Raymond Chabot Grant Thornton

When a client asks a CPA to "confirm source of funds": Define what the letter actually does

A CPA's signature can turn a narrow records review into a much broader assertion in the eyes of a bank, lawyer, regulator, or immigration decision-maker

Accounting firm RSM Canada LLP censured by Canadian audit watchdog for backdating signoffs

CPAB settlement agreement details six-year history of RSM auditors violating auditing and quality control standards related to sign-offs on audit workpapers

Canadian audit watchdog issues audit inspection reports for Grant Thornton branded accounting firms

The Canadian Public Accountability Board released audit inspection reports for Doane Grant Thornton, Grant Thornton U.S., and Raymond Chabot Grant Thornton

Accounting News

Students

Spring CPA CFE honour roll offers insights into diversity of Canadian accounting roles

June 2026 sitting of common final examination dominated by accounting students working for corporations and public sector rather than professional practice
Business

BC’s local governments call for higher taxes for AI data centres

Higher property taxes are one of the ways municipal governments are trying to ensure their communities benefit from the boom in AI data centre development
Business

Canada’s $1‑trillion investment push promises growth — but raises questions about who benefits

Productivity Mega Deduction: If the projected benefits do not materialize, budget deficits could increase, leaving taxpayers to ultimately foot the bill
Partner Posts

Navigating 2026 tax changes: Expert insights from CPA Ontario's Tax Immersion Program

CPA Ontario's Tax Immersion Program equips CPAs with the skills to thrive in an evolving Canadian tax landscape. A Q&A with CPAs Alex Garber & Haroon Khan
Practice

The small business rate cut that partly reverses in January

In part one of a two-part series, Bashar Qawas of Better Books Canada explains the timing mismatch in cuts to the small business corporate income tax rate
Practice

The salary-dividend decision after the small business rate cut

In part two of his two-part series, Bashar Qawas of Better Books Canada delves deeper into the unevenness of small business rate cuts in Ontario and Quebec

Canadian accountants need authority budgets for AI digital employees

Accounting firms now need to decide how much authority software should receive before a human must approve what happens next, writes Dr. Gleb Tsipursky



AI Digital Employees in Accounting: The next stage of automation

Future accounting teams could include local accountants, offshore accounting professionals, automation and AI Digital Employees, explains Ryan Morris.