Practice

Practice

Accountants negligent in review engagement of Ponzi scheme

Marco Baldasaro and Graham McLennan of McLennan Ross LLP on an Alberta court decision involving a disclaimer clause in an accounting firm's Review Engagement Report
Practice

Canadian accountants take note as SEC reminds accounting firms of the rules involving other auditors

KPMG Canada fined in 2022 over use of other auditors in multinational audit
Practice

Trustees need to be prepared for new trust reporting rules

Canadian accountant and tax lawyer David J Rotfleisch explains the new trust reporting rules to take effect In the 2023 taxation year
Practice

When a tax-free savings account is a business & stripped of tax benefits

David J Rotfleisch comments on a recent Tax Court of Canada case
Practice

SR&ED: The CRA cannot use its civil tax audit power to gather information for a criminal investigation

David J Rotfleisch explains why the Federal Court of Appeal ruled in favour of the CRA in a Scientific Research and Experimental Development tax credits case
Profession

Canadian audit regulator issues enforcement action against US accounting firm

CPAB bars Marcum from accepting high-risk audit engagement clients
Thought Leaders

The Foix decision:  The long and uncertain reach of subsection 84(2)

The broader interpretation by the Federal Court of Appeal in a tax case involving a complex hybrid sale was a breath of fresh air says Allan Lanthier
Profession

Sunday News Roundup 23.02.19: Tax Season GO!, EY churn, Deloitte summit, and more Canadian accounting news

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

Sweet v Canada: Federal Court Of Canada certified privacy breach class action against CRA

Canadian accountant and tax lawyer David J Rotfleisch on the latest privacy class action lawsuit to be certified by the Federal Court of Canada
Profession

Sunday News Roundup 23.02.12: CRA war of words, Timmies Americanas and more Canadian accounting news

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

KPMG Canada falls short in audit inspection report from US audit watchdog

PCAOB finds deficiencies in its inspections of four Canadian accounting firms, including nearly half of the audits it reviewed from Big Four accounting firm KPMG
Profession

Special Report: Deloitte Canada tops rival Canadian accounting firms in annual revenue

The Canadian member firms of the Big Four global accounting brands earned almost $10-billion on the strength of consulting contracts last year
Practice

The reasonability requirement for administrative suspension of EFILE rights

Canadian tax lawyer and accountant David J Rotfleisch on Virgen v Canada (Attorney General), a Federal Court decision in favour of an Ontario tax preparer
Practice

The CRA's new power to compel oral interviews

To delineate the limits to its new power, the Canada Revenue Agency should adopt these best practices for audit interviews, argue three tax lawyers from Davies
Profession

Sunday News Roundup 23.01.22: Man bites dog — Conrad Black and CPAB, livid CRA workers, and more Canadian accounting news

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

Rectification saves taxpayers from adverse tax consequences arising from drafting error

A KPMG tax planning document saved Sleep Country from the consequences of a numerical error, explains Canadian accountant and tax lawyer David J Rotfleisch
Profession

Sunday News Roundup 23.01.15: CRA tax strike, time theft, sales tax fraud, and more Canadian accounting news

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

WFH Accountants Beware: BC tracking software case leads to global news coverage

Accounting firm wins court decision over “time theft” by accounting employee
Profession

US audit watchdog published more Canadian public accounting firm inspection reports in 2022 than it had in five years

The PCAOB’s bite is now bad as its bark after a year of renewed vigilance
Practice

Another historical development in claiming negligence against the CRA

Canadian accountant and tax lawyer David J Rotfleisch on the Myers ruling
Profession

US audit and accounting watchdog censures Ernst & Young Canada partner

US Public Company Accounting Oversight Board levies fine on Canadian accountant over treatment of receivables allowance in audit engagement
Profession

Canadian Accountant’s most popular stories of 2022

The top five stories and some honourable mentions from the past year’s reporting
Practice

Singh v. Canada: A Canadian tax lawyer's observations on TFSA penalties

As taxpayers, we are ultimately responsible for meeting our obligations under tax law, as explained by Canadian accountant and tax lawyer David J Rotfleisch
Profession

Sunday News Roundup 22.12.18: OTO annual report, CRA jabs nurses, Williams warns, and more Canadian accounting news

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

Five Years on from Deloitte & Touche v. Livent: Negligence claims against professional services firms

Adrienne Oake and Rachael Saab of Torys LLP review the Supreme Court of Canada decision in light of recent opioid-related claims brought against McKinsey