Global

Profession

Audit keeps failing — here’s why a fundamental change is needed

Recent failures of the auditing profession and Big Four accounting firms proves auditors should be responsible for detecting fraud in financial statements
Practice

Do Swiss banks owe your accounting clients money?

Clock is ticking for investors who held Swiss bank accounts to claim reimbursements of retrocessions deemed illegal
Thought Leaders

Paying for coronavirus will have to be like war debt — spread over generations

There is no magic money tree in economics, says Anton Muscatelli
Profession

Accounting profession publishes views on beneficial ownership transparency

CPA Canada and IFAC joint report on registries as AML tools
Thought Leaders

Governments must resist coronavirus lobbying and focus on long-term transformation

Corporations around the world are seeking another massive bailout by taxpayers
Thought Leaders

Could COVID-19 turn Canadians from debtors into savers?

The final part of our series on the COVID-19 pandemic and economic models
Thought Leaders

What economic model will the post-pandemic economy follow?

Part three of our series on the COVID-19 pandemic and economic models
Practice

IRS may require snowbirds stuck in the US to file tax returns

Snowbirds caught in the US due to COVID-19 may face tax issues, says Gabriel Castillo
Business

How coronavirus is changing the rules on foreign investment in essential areas

The COVID-19 crisis appears to be speeding up the deglobalization process
Thought Leaders

Accounting for COVID-19 economics: Same as the Great Recession?

Part two of our series on the COVID-19 pandemic and economic models
Thought Leaders

It could take two years for the economy to recover from the coronavirus pandemic

Past-pandemic studies suggest current economic outlook, says accounting figure Steven Salterio
Thought Leaders

CRA Audit Activity: The Calm Before The Storm?

Trump's tax cuts and deficit spending will increase CRA's vigorous audit activities