AI won’t fix your back office — it will inherit it.

The gap between AI enthusiasm and operational readiness is most acute at family offices and HNW advisors because the client data is the hardest to get right

Sunday News Roundup 26.03.22: KPMG audit deficiencies, Deloitte AI errors, and more Canadian accounting news

Our weekly Canadian accounting news roundup includes CPAB audit inspection reports, why you should join CPA Canada, the accounting dealbook and more.

Newfoundland and Labrador: Province updated public procurement process days after Deloitte AI scandal exposed

Chartered Professional Accountants Newfoundland and Labrador is investigating the use of artificial intelligence by Deloitte Canada in its consulting work

When a donation is not really a gift: The court's rejects on tax-driven charity arrangements, gifts must be genuine

The Federal Court of Appeal decision in Walby v Canada reinforces an important principle in Canadian tax law, says tax lawyer and accountant David J Rotfleisch

AI won’t fix your back office — it will inherit it.

The gap between AI enthusiasm and operational readiness is most acute at family offices and HNW advisors because the client data is the hardest to get right

Sunday News Roundup 26.03.22: KPMG audit deficiencies, Deloitte AI errors, and more Canadian accounting news

Our weekly Canadian accounting news roundup includes CPAB audit inspection reports, why you should join CPA Canada, the accounting dealbook and more.

Newfoundland and Labrador: Province updated public procurement process days after Deloitte AI scandal exposed

Chartered Professional Accountants Newfoundland and Labrador is investigating the use of artificial intelligence by Deloitte Canada in its consulting work

When a donation is not really a gift: The court's rejects on tax-driven charity arrangements, gifts must be genuine

The Federal Court of Appeal decision in Walby v Canada reinforces an important principle in Canadian tax law, says tax lawyer and accountant David J Rotfleisch

Accounting News

Profession

Big Four accounting firm Deloitte Canada comes out on top in first firm-specific inspection reports from audit watchdog

KPMG Canada has highest rate of files with significant findings among Big Four firms according to reports published by Canadian Public Accountability Board
Profession

There’s a long way to go before closing the gender pay gap in Canadian accounting

International Women’s Day highlights stark inequalities between male and female accountants in Canada that outstrip the national average and grow over time
Practice

If a company is revived, are former directors liable for unpaid GST again?

The Maragos decision by the Tax Court of Canada reinforces the importance of limitation periods in tax law, explains Canadian tax lawyer David J Rotfleisch
Business

B.C. budget tax measures lay burden of austerity on the poorest in province

British Columbia's Finance Minister says "this is not an austerity budget." Let's look at the numbers and see for ourselves, say Marc Lee and Andrew Longhurst
Business

Alberta oil and gas companies lobby for tax break

Alberta is reviewing the models it uses to determine the market value of regulated properties that municipalities rely on for their own tax assessments

2026 outlook: How AI and ecosystem thinking will reshape Canadian accounting

AI is moving beyond basic automation to become a true strategic partner. Here's what we at Xero believe Canadian accountants can expect in the year ahead





Intuit targets firm growth with launch of AI-native ‘Accountant Suite’ in Canada

The new unified Accountant Suite platform from Intuit will aim to solve “app fatigue” and data silos by embedding AI directly into the accounting workflow