Practice

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
Practice

Billing Bad: When accountants and clients disagree over accounting fees

A small claims court decision over billing offers lessons to accountants and clients
Profession

Sunday News Roundup 22.12.11: COVID clawbacks, PCAOB warnings, accounting firm dealbook, and more Canadian accounting news

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

More bite than bark: Proposed changes to tax laws look to empower the CRA

Michelle Fong and MaryAnne Loney of McLennan Ross provide an update to legislative changes empowering the Canada Revenue Agency
Profession

Number 11! US PCAOB publishes yet another Canadian accounting firm inspection report

Saturna Group of Vancouver the latest report in a busy year for US audit watchdog
Practice

Tax Court orders CRA to release GAAR committee reports about similarly situated taxpayers

Canadian accountant and tax lawyer David J Rotfleisch explains why the Committee's legal analysis fell within within the scope of discovery
Partner Posts

Year-End Survival KITS: Conquering payroll year-end without falling apart

Navigate your small business clients' payroll year-end with as little stress and hassle as possible. Download Wagepoint's free Year-End Survival KITs!
Profession

US audit watchdog releases 10th Canadian accounting firm inspection report this year

PCAOB Chair Williams warns of stronger foreign firm enforcement in same week as a flurry of 25 inspection reports released, including accounting firm Richter LLP
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
Practice

The Ontario Ministry Of Finance's Voluntary Disclosures Program – A Canadian tax lawyer's summary

David J. Rotfleisch explores the differences between the federal and Ontario VDPs
Practice

Preston Family Trust II v The Queen: Assumptions of facts in replies to a notice of appeal

Just the facts, ma'am: David J. Rotfleisch explains why the Tax Court of Canada would strike out the CRA's legal assumptions in a notice of appeal
Profession

KPMG Canada sanctioned by US audit watchdog for failing to disclose unregistered accounting firm

PCAOB shows "renewed vigilance" over the use of non-registered firms locally
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
Profession

PwC Canada gets clean inspection report from US audit watchdog PCAOB

Why accounting firms cannot celebrate a similar regulatory achievement in Canada
Partner Posts

Why accounting and finance professionals are choosing Float corporate cards

Float cards and Float spend management software simplify business spending
Profession

Why is the Ontario Securities Commission examining Canadian audit firm ethics?

Canadian Public Accountability Board oversees public accounting firm audits
Practice

New proposed mandatory tax planning reporting obligations under the Canadian Income Tax Act

Amendments to the new rules were made in August 2022 and are likely to become law says Canadian accountant and tax lawyer David J Rotfleisch
Practice

Barrs v The Queen: Taxpayer relief under S.220(3.1)

Canadian accountant and tax lawyer David J Rotfleisch on a Federal Court of Appeal case involving a CRA's review officer's failure to engage with a request for equitable treatment
Practice

US audit watchdog PCAOB censures Vancouver public accounting firm

Hay & Watson barred by Public Company Accounting Oversight Board over backdating of files related to California oil & gas company
Practice

Ready for the CSQM changes? Part three: monitoring and remediation

Part three of a three-part series on preparing your accounting firm for new SQM
Practice

Ready for the CSQM changes? Part two: Designing your risk responses

In part two of a three-part series, Kirsten Albo, Justin Reid and David Stevens on preparing your accounting firm for the new suite of standards on quality management
Practice

Ready for the CSQM changes? Part one: quality objectives and quality risks

In part one of a three-part series, establishing quality objectives and the importance of quality risk identification and assessment
Practice

US audit watchdog publishes four new Canadian accounting firm inspection reports

Public Company Accounting Oversight Board inspection reports provide unique transparency into Canadian audit deficiency commonalities