Accounting News

Thought Leaders
Remember who the tax system is for
Francois Boileau, Canada’s taxpayers ombudsperson, responds to the article, The forgotten project of tax reform, by François Brouard and Bertrand Lemieux

Profession
CRA launches new process for Canadian taxpayers to authorize their tax representatives
Tax representatives can now be given instant access by individuals to their CRA online accounts due to a new process launched by the Canada Revenue Agency

Business
Ford and Smith divided over Trump response at premiers’ summit
An electricity export tax is a the centre of a disagreement between premiers Doug Ford and Danielle Smith as to how best to respond to Trump tariff threats

Profession
Canadian Public Accountability Board censures Mississauga accounting firm Clearhouse LLP
Clearhouse prohibited from accepting new high and moderate risk reporting issuers including those resulting from IPOs, reverse takeovers, other transactions

Profession
US audit watchdog sanctions Canadian accounting firm Raymond Chabot Grant Thornton LLP
PCAOB reminds registered public accounting firms they must file Form 3, Special Report, no later than 30 days after the occurrence of the reportable event

Profession
CPA Canada accused of sending inaccurate member fee information to Ontario accountants
Chartered Professional Accountants of Ontario says assertions made by national Chartered Professional Accountants of Canada in a LinkedIn message are false
Xero Partner Post Series
Partner Posts
2025 promises to be pivotal for accounting, says Ben Richmond of Xero, a moment when AI and mobile technology converge to redefine how accountants work
Partner Posts
For both new and veteran accountants, there are plenty of resources available that make it easy to learn about new digital accounting applications and tools
Partner Posts
Three ways accountants and bookkeeping professionals can usher in the next generation of accounting talent to help curb the ongoing crisis in hiring staff
Professional Development Partner Posts
Partner Posts
How CPA Ontario’s exclusive Innovation Leadership Accelerator program is helping chartered professional accountants accelerate their career trajectories
Career
Two chartered professional accountants share their insights into the Osgoode Professional LLM
Partner Posts
The Certificate of Canadian Income Tax Practice is a game-changer, that helps attract new talent to the tax profession and prepare them for successful careers