Profession

Profession

Multiple deficiencies cited by US audit watchdog in two Canadian firms' inspection reports

The Public Company Accountability Board has released inspection reports for two accounting firms, Crowe MacKay LLP and SRCO Professional Corporation
Profession

Vancouver accounting firm Smythe LLP censured again by audit watchdogs

Months after Canadian regulator censured Smythe over audit quality, US audit watchdog censures Smythe for using unregistered overseas firms
Profession

Sunday News Roundup 23.10.22: The Big Rift, return of the Roundup, and more Canadian accounting news

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

CPA Standoff: Why haven’t the other provinces joined the accounting rift?

Critics believe the rift represents a threat to a national unity in the Canadian accounting profession and the merger of three designations into the CPA brand
Profession

CPAB: Mystery Big Four accounting firm will not meet audit threshold this year

Audit regulator's mid-year inspections report suggests Canada’s largest accounting firms are showing little audit quality progress as a group
Profession

CPA Standoff: Accountants question the motives behind national accounting rift

The lack of consultation with the wider membership on its split from CPA Canada has led to accusations that the dispute is a power grab by CPA Ontario
Profession

CPA Standoff: Unique regulatory status of CPA Quebec complicates accounting rift

Unlike the rest of Canada, the accounting profession in Quebec is not self-regulated, leading to legitimate issues between l'Ordre and CPA Canada
Profession

CPA Standoff: Financial transparency a key issue in national accounting rift

Chartered Professional Accountants of Canada rejects provincial claims of poor financial transparency and says it is open to doing more
Profession

CPA Standoff: Ontario government sticks to sidelines in governance dispute

In the dispute between provincial and national accounting bodies, politicians say CPA Ontario's regulatory legislation is unaffected by key disagreements in the rift
Profession

PCAOB finds faults in more than half of PwC Canada, BC accounting firms' audits

US audit watchdog releases inspection reports with multiple deficiencies for PwC Canada, De Visser Gray LLP, and Harbourside CPA LLP
Profession

Another BC accounting firm punished by audit regulators

The Public Company Accounting Oversight Board in the United States has censured Canadian firm K.R. Margetson and its principal, Keith R. Margetson
Profession

2023 Canadian Accounting Hall of Fame inductees includes forensic accountant Al Rosen, prominent critic of profession

Founders of the Profession category includes critic of international financial reporting standards, cannabis company accounting, audit scandals and more