2025 promises to be pivotal for accounting, says Ben Richmond of Xero, a moment when AI and mobile technology converge to redefine how accountants work
Accounting News
Business
Thunder Bay: 307 property owners owe $3 million in uncollected taxes
Muncipalities auction properties for the amount in property taxes owed (with a minimum tender bid) and will advertise sales in local and government media
Practice
US audit watchdog censures KPMG Canada for repeatedly failing to accurately disclose who performed audits
Public Company Accounting Oversight Board levies US$700k against KPMG Canada, US$3.375 million in total against nine member firms of global network
Business
B.C. Conservatives pitch a carbon tax on U.S. coal as a trade-war measure
B.C. doesn’t use the American thermal coal that passes through its ports, but the province is a key player in the global coal market, moving US coal to Asia
Profession
Sunday News Roundup 25.03.02: Tax and trade tides turn and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
Business
Carney shifts carbon price strategy, pledges to make Canada a clean energy superpower
Liberal leadership contender Mark Carney is proposing to shift the financial burden of the carbon tax onto large corporations to fund clean energy choices
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
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
Xero Partner Post Series
Partner Posts
For both new and veteran accountants, there are plenty of resources available that make it easy to learn about new digital accounting applications and tools
Partner Posts
Three ways accountants and bookkeeping professionals can usher in the next generation of accounting talent to help curb the ongoing crisis in hiring staff
Professional Development Partner Posts
Partner Posts
How CPA Ontario’s exclusive Innovation Leadership Accelerator program is helping chartered professional accountants accelerate their career trajectories
Career
Two chartered professional accountants share their insights into the Osgoode Professional LLM
Partner Posts
The Certificate of Canadian Income Tax Practice is a game-changer, that helps attract new talent to the tax profession and prepare them for successful careers