Standards

Thought Leaders

If accounting had been invented in the 21st century, would we do the same again?

Nick A. Shepherd on the constraints of accounting in the knowlege economy
Practice

US audit watchdog PCAOB censures Vancouver public accounting firm

Hay & Watson barred by Public Company Accounting Oversight Board over backdating of files related to California oil & gas company
Practice

Ready for the CSQM changes? Part three: monitoring and remediation

Part three of a three-part series on preparing your accounting firm for new SQM
Practice

Ready for the CSQM changes? Part two: Designing your risk responses

In part two of a three-part series, Kirsten Albo, Justin Reid and David Stevens on preparing your accounting firm for the new suite of standards on quality management
Practice

Ready for the CSQM changes? Part one: quality objectives and quality risks

In part one of a three-part series, establishing quality objectives and the importance of quality risk identification and assessment
Practice

US audit watchdog publishes four new Canadian accounting firm inspection reports

Public Company Accounting Oversight Board inspection reports provide unique transparency into Canadian audit deficiency commonalities
Thought Leaders

Valuing your workforce: Why the accounting profession should focus on intangibles, not operating costs

Nick A. Shepherd on assessing the value of a workforce in an asset-light economy
Profession

PCAOB publishes three Canadian accounting firm inspection reports

US audit regulator provides transparency into Canadian audit deficiencies
Profession

We called it: Former CPA Canada head appointed ISSB regional director

Charles-Antoine St-Jean appointed Regional Director—Americas of the International Sustainability Standards Board — an appointment we predicted
Profession

Sunday News Roundup 22.06.19: CSSB, Supreme Court tax dissent, vax policies and more Canadian accounting news 

Wrapping up the odds and ends from the past week in Canadian accounting news
Thought Leaders

Most companies buying renewable energy certificates aren’t actually reducing emissions

Accounting sustainability standards must change say academics
Profession

Sunday News Roundup 22.06.05: Global accounting seismic changes, CPA reports, M&A and more 

Wrapping up the odds and ends from the past week in Canadian accounting news
Thought Leaders

Canada faces huge physical costs from climate change, making net zero a great investment

Tackling climate change more than pays for itself say new finance study
Profession

Sunday News Roundup 22.05.22: Big Four audit split, accounting standards setter goes global, and more 

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

CPAB: No gap in Canadian audit watchdog’s fraud thematic review

Canadian Public Accountability Board publishes recommendations for auditors amidst global scrutiny of fraud detection failures
Profession

Is Canada’s audit watchdog ready to bare its teeth?

The Canadian Public Accountability Board says it's planning changes to its disclosure practices amidst media scrutiny and changing best practices
Thought Leaders

Why Canadian accountants are needed in human capital reporting

Nick Shepherd explains why a recent corporate case shows the financial cost of ignoring HR intangible assets
Thought Leaders

Everyone should have a say on the future of green accounting

Canada may adopt international sustainability reporting rules that focus on investors, not the public, warn three Canadian accounting professors
Business

Letters: ASC at the forefront of climate change-related disclosure

Alberta Securities Commission Chair & CEO Stan Magidson responds to oilpatch lending crunch article by Robert Ascah of Parkland Institute
Profession

Ontario Auditor General wants better communication between audit and securities watchdogs

Bonnie Lysyk and Carol Paradine comment on the Auditor General's report into the structural relationship between the Ontario Securities Commission and the Canadian Public Accountability Board
Profession

Canadian accountants thrilled with awarding of new ISSB disclosure standards hub

Montreal one of three global hubs for new accounting body based in Frankfurt
Practice

Contesting a will in Ontario: Canadian tax lawyer guide

Provincial legislations are carefully crafted to include provisions that infringe upon and restrict an individual's testamentary freedom, says tax lawyer and accountant David J Rotfleisch
Profession

The future of auditing: why plans to sharpen up the industry could actually make it worse

Unintended consequences of UK audit reforms will hurt smaller companies and non-profits
Thought Leaders

When companies massage the books, the environment takes a hit

It’s time the accounting profession take earnings management more seriously, says financial accounting professors at Queen’s University in Kingston.
Practice

Budget 2021 – Tax enforcement, audits, and oral interviews

If proposed legislative amendments receive Royal Assent, the Canada Revenue Agency will have the power to compel oral interviews