Standards

Profession

Is Canada’s audit watchdog ready to bare its teeth?

The Canadian Public Accountability Board says it's planning changes to its disclosure practices amidst media scrutiny and changing best practices
Thought Leaders

Why Canadian accountants are needed in human capital reporting

Nick Shepherd explains why a recent corporate case shows the financial cost of ignoring HR intangible assets
Thought Leaders

Everyone should have a say on the future of green accounting

Canada may adopt international sustainability reporting rules that focus on investors, not the public, warn three Canadian accounting professors
Business

Letters: ASC at the forefront of climate change-related disclosure

Alberta Securities Commission Chair & CEO Stan Magidson responds to oilpatch lending crunch article by Robert Ascah of Parkland Institute
Profession

Ontario Auditor General wants better communication between audit and securities watchdogs

Bonnie Lysyk and Carol Paradine comment on the Auditor General's report into the structural relationship between the Ontario Securities Commission and the Canadian Public Accountability Board
Profession

Canadian accountants thrilled with awarding of new ISSB disclosure standards hub

Montreal one of three global hubs for new accounting body based in Frankfurt
Practice

Contesting a will in Ontario: Canadian tax lawyer guide

Provincial legislations are carefully crafted to include provisions that infringe upon and restrict an individual's testamentary freedom, says tax lawyer and accountant David J Rotfleisch
Profession

The future of auditing: why plans to sharpen up the industry could actually make it worse

Unintended consequences of UK audit reforms will hurt smaller companies and non-profits
Thought Leaders

When companies massage the books, the environment takes a hit

It’s time the accounting profession take earnings management more seriously, says financial accounting professors at Queen’s University in Kingston.
Practice

Budget 2021 – Tax enforcement, audits, and oral interviews

If proposed legislative amendments receive Royal Assent, the Canada Revenue Agency will have the power to compel oral interviews
Management

Fill in the non-GAAP: New disclosure requirements to become mandatory in August 2021

Marie-Christine Valois and Janie Harbec of Fasken review the new National Instrument 52-112, Non-GAAP and Other Financial Measures Disclosure
Profession

Friday News Roundup 21.06.04: Sustainability standards, Isle of Man, PwC diversity and more 

Wrapping up the odds and ends in this week’s Canadian accounting news