Profession

Profession

Sunday News Roundup 23.05.28: The Deans Knight Rises, Big Four soaps, and more Canadian accounting news

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

Special Report: Foreign accounting firms dominated Canadian mid-tiers in 2022 and the audit regulator is concerned

Audit firms based in the United States made the most net client gains in the Canadian mid-tier accounting sector, according to data compiled by Audit Analytics
Thought Leaders

The Revenue Rule In Tax Law

Vern Krishna of TaxChambers LLP on the history of international tax and trade law
Practice

GST/HST tax fraud is a ‘special operation' at the Canada Revenue Agency

It involves fraudulent refund claims, fake invoicing, and GST/HST evasion through off-the-books cash sales, explains tax lawyer and accountant David J. Rotfleisch
Profession

Special Report: KPMG Canada beats Big Four accounting rivals in net new client gains

But Ernst and Young Canada was the real winner in new audit engagements in 2022, according to data compiled by Audit Analytics
Profession

Sunday News Roundup 23.05.14: CPAB historic disclosure, PwC Oz, and more Canadian accounting news

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

Vancouver accounting firm Smythe LLP first Canadian audit firm to be publicly censured by regulator under new disclosure rules

Changes to enforcement disclosure rules by CPAB means more transparency from audit regulator, more public scrutiny of Canadian auditors
Practice

Why the Canada Revenue Agency tax workers strike was good for Canadian accountants

All sides will benefit from the tentative settlement and four years of labour peace. But technology investment is mitigating the impact of CRA strikes
Thought Leaders

Alberta election: Is the province’s energy regulator acting in the public interest?

Canadian accounting firms like Grant Thornton and PwC Canada have had trouble in Alberta with environmental liabilities when acting as receivers
Thought Leaders

To mandate or not to mandate? Why hybrid work should be favoured, not feared

Pamela Steer, president and CEO of Chartered Professional Accountants of Canada, on why CPA Canada has adopted a hybrid work environment
Practice

The Alternative Minimum Tax Goes Mainstream

Stephen Bowman and John (Jay) Winters of Bennett Jones present a capital gains case study on the impact to taxpayers of changes to the AMT regime
Profession

Sunday News Roundup 23.04.30: Tax Deadline Day to pass despite CRA strike and more Canadian accounting news

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

Sunday News Roundup 23.04.23: PwC Canada sues KPMG and more Canadian accounting news

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

Top accountant’s jump between two sustainability standards boards puts focus on new CSSB

Do recent appointments to the new Canadian Sustainability Standards Board, including new chair Charles-Antoine St-Jean, balance global standards with Canadian special interests?
Practice

One way CPAs leak confidential information to the CRA

Accountants that unthinkingly send the Agency tax appeal invoices may improperly reveal solicitor-client communications and more, says tax litigator Peter Aprile
Profession

Sunday News Roundup 23.04.16: CRA strike talks continue and more Canadian accounting news

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

Special Report: Overall audit quality drops at Canadian accounting firms as audit regulator pursues more transparency

Canadian Public Accountability Board annual inspection report reveals poor performance overall exaggerated by some audit firms
Practice

When the CRA reassessed a taxpayer's tax returns beyond the normal reassessment period

Canadian accountant and tax lawyer David J. Rotfleisch explains how, in Goldhar v The King, a toy salesman successfully appealed a CRA reassessment
Profession

Sunday News Roundup 23.04.09: CRA strike vote, carbon tax, software dealbook, and more Canadian accounting news

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

How would a CRA strike impact Canadian accountants and tax preparers?

We clear up some of the misconceptions around a strike vote by Union of Taxation Employees at the Canada Revenue Agency during tax season
Practice

Taxpayer’s management services not a personal endeavour

Amit Ummat of Ummat Tax Law on a successful appeal of a Tax Court decision involving a dispute over non-capital losses and the concept of a personal element
Profession

Sunday News Roundup 23.04.02: Fed Budget, CRA strike, EY showdown and more Canadian accounting news

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

Supreme Court of Canada rejects Paletta, grants Iristel appeal in tax cases

Forex trading, carousel schemes, court jurisdiction and retroactive tax planning
Practice

Millions in SR&ED tax credits are being missed in overlooked industries by accountants

Real-world examples from Richard Hoy of claims that may surprise accountants looking for Scientific Research & Experimental Development tax credits
Thought Leaders

OSFI’s new guidelines: A step toward making banks and insurers more conscious of their climate impacts

New sustainability reporting standards will help determine who will pay for environmental cleanup costs when oilsands producers go bankrupt