Strategy

Profession

Ontario, Quebec accounting bodies announce planned split from CPA Canada

Why the Collaboration Accord, which outlines the roles and finances of the governing bodies, defines the challenges facing the accounting profession
Thought Leaders

To mandate or not to mandate? Why hybrid work should be favoured, not feared

Pamela Steer, president and CEO of Chartered Professional Accountants of Canada, on why CPA Canada has adopted a hybrid work environment
Practice

How would a CRA strike impact Canadian accountants and tax preparers?

We clear up some of the misconceptions around a strike vote by Union of Taxation Employees at the Canada Revenue Agency during tax season
Practice

Millions in SR&ED tax credits are being missed in overlooked industries by accountants

Real-world examples from Richard Hoy of claims that may surprise accountants looking for Scientific Research & Experimental Development tax credits
Practice

Down to brass tax: R&D vs SR&ED

Richard Hoy of Catax Canada looks at some real-world examples of the difference between research and development and actual Scientific Research & Experimental Development claims
Profession

Brand value at risk in planned accounting split of Ernst & Young audit and consulting lines

In the final part of a three-part series, why there may be no alternative to the splitting of audit and consulting at any of the Big Four accounting firms
Profession

Assurance, consulting monetization driving EY audit split, say accounting experts

In part two of a three-part series, experts see the potential for EY to monetize ESG, AI, and crypto while maintaining audit independence
Profession

Are global accounting regulators driving the audit and consulting split at EY?

In part one of a three-part series, Canadian observers explain why audit independence is a regulatory factor behind the Ernst & Young split
Practice

Expert witness perils in SR&ED appeals

Stevan Novoselac of Gowling WLG on practical considerations for resolving SR&ED appeals, in light of a recent decision by the Federal Court of Appeal
Partner Posts

Remote life: How to hire and retain accounting professionals

It's hard to find and retain capable staff in a cloud-based practice, when anyone can work from anywhere, says Bianca Mueller of Wagepoint
Practice

How contract agreements impact SR&ED claims

Canadian accountants filing SR&ED claims should be careful when their client companies use subcontractors, explains Richard Hoy of Catax Canada
Partner Posts

Cloud payroll – An accountant’s guide for onboarding small businesses and their employees

Start your client engagement relationships with trust with these handy onboarding checklists from Community Manager Bianca Mueller of Wagepoint
Practice

Avoiding the pitfalls of partnerships when making SR&ED claims

Partnerships participating in the SR&ED program may find the process to be significantly more complex compared with normal corporations
Profession

Canadian accountants show backbone in new CPA ad campaign

CPAs portrayed as trusted advisors helping lead economic recovery
Business

Economic Roundup: Federal Budget commentary, RSM Real Economy report

Links to Budget 2021 analysis from Canadian accounting firms, plus highlights from The Real Economy, Volume 9, from RSM Canada
Partner Posts

Moving your practice to year-round recurring revenue

Three strategies for turning the dream into a reality from Josh Lance, CPA
Profession

An Alternative Exit Strategy

Accounting law firms might become a leading alternative exit strategy for legal practitioners and small law firms, explains Stephen Mabey, CPA, CA
Practice

Deducting life insurance costs: Why opportunity may be overlooked

In part two of a two-part series, why paragraph 20(1)(e.2) of the Income Tax Act may be missed, from Dale Barrett and Simon Townsend of Barrett Tax Law
Practice

Deducting life insurance costs: Paragraph 20(1)(e.2) of Income Tax Act explained

In part one of a two-part series, Dale Barrett and Simon Townsend of Barrett Tax Law on the cost of life insurance as a deductible expense
Management

Lessons from Donald Trump: Does a toxic CEO ever truly leave?

Be on guard for disciples, says Management Professor Steven H. Appelbaum
Business

Robust growth ahead for Canadian economy, says RSM Canada

The Real Economy: Canada has opportunity to be a carbon capture leader
Technology

7 new accounting and finance software solutions that will make work easier in 2021

Technology providers embraced the opportunity to support digital transformation
Profession

Grant Thornton expands across Canada, adding seven accounting practices

All seven firms are well-established practices in four provinces
Business

COVID-19: The economic wildcard of the Biden Administration

Canadian accounting, economic experts say COVID-19 will determine U.S. economic stimulus and recovery
Business

Which Canadian economic sectors will benefit from the Biden Administration?

The economic impact on Canada will depend on who controls the U.S. Senate, say expert Canadian accountants, economists