Standards
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Profession
In detailed report, PCAOB finds deficiencies in half of KPMG Canada audits inspected
The Public Company Accounting Oversight Board found deficiencies in five out of 10 KPMG Canada audits it inspected in 2023 as well as issues of independence
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- VIEWS 160
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Profession
The Undesignated Accounting Practitioner: Providing a pathway that serves businesses and the public interest
Many small businesses across Canada rely on accountants without designations for bookkeeping and corporate taxes — but non-designated firms lack oversight
- COMMENTS 13
- LIKES 149
- VIEWS 160
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Thought Leaders
Why accountants should recognize the bias in accounting standards and use it to our advantage
Accounting standards have focused on the balance sheet, says Philip Maguire, CPA, CA, yet the effort to match book value to market value has been a failure
- COMMENTS 13
- LIKES 149
- VIEWS 160
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Profession
PCAOB finds deficiencies two of three BDO Canada audits, including one non-principal engagement
The US audit watchdog inspection report details audits with unsupported opinions by BDO Canada and firm-identified instances of independence non-compliance
- COMMENTS 13
- LIKES 149
- VIEWS 160
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Profession
Public accounting regulator expands oversight powers
Bradley E. Berg and Sahil Kesar of Blakes review the first amendments to the regulatory rules of the Canadian Public Accountability Board in almost 20 years
- COMMENTS 13
- LIKES 149
- VIEWS 160
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Profession
CPAB censures Davidson & Company LLP for ‘numerous’ violations of independence rules
Vancouver-based accounting firm censured by Canadian Public Accountability Board based on information disclosed during inspection by US audit watchdog
- COMMENTS 13
- LIKES 149
- VIEWS 160
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Profession
Sunday News Roundup 24.10.27: St-Jean moved on, policing and property taxes, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
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- LIKES 149
- VIEWS 160
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Thought Leaders
Cineplex’s $38.9 million fine is a wake-up call about corporate sustainability practices
Accounting professor Douglas A. Stuart asserts the Competition Bureau’s fine for drip pricing practices is just one example of sustainability mismanagement
- COMMENTS 13
- LIKES 149
- VIEWS 160
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Career
What's wrong (and right) about professional development for accountants
Imagine four accountants on divergent career paths. Do current continuing professional development models serve both professionals and the public interest?
- COMMENTS 13
- LIKES 149
- VIEWS 160
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Profession
DMCL continues PCAOB audit inspection results with lower deficiency rates
Public Company Accounting Oversight Board in the United States releases audit inspection results for Vancouver-based Dale Matheson Carr Hilton LaBonte LLP
- COMMENTS 13
- LIKES 149
- VIEWS 160
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Profession
US audit watchdog censures, fines Canadian accounting firms Crowe MacKay, Grant Thornton
Public Company Accounting Oversight Board in the United States fines two Canadian auditors for violation of audit committee communications rules in audits
- COMMENTS 13
- LIKES 149
- VIEWS 160
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Practice
Second American accounting firm penalized by CPA Ontario over unlicensed audit work
The prosecution of BF Borgers and its principal by the Chartered Professional Accountants of Ontario closes another chapter in the Canadian cannabis story
- COMMENTS 13
- LIKES 149
- VIEWS 160