Why accountants should recognize the bias in accounting standards and use it to our advantage

Accounting standards have focused on the balance sheet, says Philip Maguire, CPA, CA, yet the effort to match book value to market value has been a failure

Tax changes a worry for retiring farmers

Farming advocates continue to oppose tax changes that would affect profits from the intergenerational sale of agricultural land despite mitigating measures

PCAOB finds deficiencies two of three BDO Canada audits, including one non-principal engagement

The US audit watchdog inspection report details audits with unsupported opinions by BDO Canada and firm-identified instances of independence non-compliance

Why accountants should recognize the bias in accounting standards and use it to our advantage

Accounting standards have focused on the balance sheet, says Philip Maguire, CPA, CA, yet the effort to match book value to market value has been a failure

Tax changes a worry for retiring farmers

Farming advocates continue to oppose tax changes that would affect profits from the intergenerational sale of agricultural land despite mitigating measures

PCAOB finds deficiencies two of three BDO Canada audits, including one non-principal engagement

The US audit watchdog inspection report details audits with unsupported opinions by BDO Canada and firm-identified instances of independence non-compliance

Accounting News

Municipal

What will cost more in 2025

Numerous factors including inflation, limited housing, a weaker dollar, and global political tensions, continue to play a significant role in affordability
Municipal

GST holiday brings mixed feelings, hurdles for local businesses

Small business owners in towns like Vankleek Hill, Ontario are critical of the federal sales tax holiday, questioning its value and criticizing its rollout
Business

Sunday News Roundup 25.01.12: Bench accounting lessons, CPAB rule changes and more Canadian accounting news

Wrapping up the odds and ends from the past week in Canadian accounting news
Partner Posts

The top 10 partner posts on Canadian Accountant in 2024

We present the top 10 articles that in 2024 got accountants thinking and planning for the future, with advice on software, professional development and AI
Profession

Canadian Accountant’s most popular accounting stories of 2024

From the benefits of a Trump presidency to CRA tax changes, here are the five articles and some honourable mentions that were read the most by accountants
Profession

MNP LLP closes year strong with major acquisition of 21 BDO Canada accounting firms

Homegrown national accounting firm MNP expands its presence in four provinces as a continuation of its ‘national in scope, local in focus’ growth strategy

Five ways Donald Trump’s election victory is good for Canadian accountants

From taxes and tariffs to deregulation, Donald Trump may scare Canadian economists, but accountants are sure to benefit from a second Trump term



The Accountant's Manifesto: Expecting more from Canada's financial system

In today’s fast-paced business world, why is money still moving at a snail’s pace? Every Canadian accountant knows the frustration of delayed transactions



2024 Tax Planning: Opportunities & Strategies with the Tax Immersion Program

CPA Ontario's inaugural Tax Immersion Program equips Chartered Professional Accountants with the skills needed to thrive in the evolving tax landscape