Ethics

Practice

Ernst and Young Canada to pay $1.5 million in class action lawsuit over Just Energy audits

The Big Four accounting firm will also provide information relevant to the ongoing litigation against executives censured by the PCAOB
Thought Leaders

Why is it so difficult to handle whistleblower reports?

Accounting and ethics professors explain the agency theory behind effective whistleblower systems to avoid cases like LuxLeaks at PricewaterhouseCoopers
Practice

Accountants negligent in review engagement of Ponzi scheme

Marco Baldasaro and Graham McLennan of McLennan Ross LLP on an Alberta court decision involving a disclaimer clause in an accounting firm's Review Engagement Report
Practice

Canadian accountants take note as SEC reminds accounting firms of the rules involving other auditors

KPMG Canada fined in 2022 over use of other auditors in multinational audit
Practice

SR&ED: The CRA cannot use its civil tax audit power to gather information for a criminal investigation

David J Rotfleisch explains why the Federal Court of Appeal ruled in favour of the CRA in a Scientific Research and Experimental Development tax credits case
Profession

Canadian accountants cannot resign membership to avoid discipline hearings

Alberta court denies accounting professional’s attempt to stay proceedings
Practice

WFH Accountants Beware: BC tracking software case leads to global news coverage

Accounting firm wins court decision over “time theft” by accounting employee
Profession

Canadian Accountant’s most popular stories of 2022

The top five stories and some honourable mentions from the past year’s reporting
Profession

Five Years on from Deloitte & Touche v. Livent: Negligence claims against professional services firms

Adrienne Oake and Rachael Saab of Torys LLP review the Supreme Court of Canada decision in light of recent opioid-related claims brought against McKinsey
Thought Leaders

To clean up Hockey Canada, financial transparency is a must

Transparency in financial disclosure is a crucial part of ethical, responsible governance, say Canadian accounting professors
Profession

Sunday News Roundup 22.10.30: Cronos settlement, LDS tithes, taxes and more Canadian accounting news

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

An ethical workplace culture can prevent corporate fraud by aiding whistleblowers

Four Canadian accounting professors say corporate codes of conduct can offset the failures of audit committees in helping to prevent fraud