Standards
Practice
CPA Ontario scores two rare regulatory wins against large accounting firms
Million-dollar settlements with Deloitte Canada and Marcum LLP over professional conduct breaches make headlines during uneasy times
Profession
Vancouver accounting firm Smythe LLP censured again by audit watchdogs
Months after Canadian regulator censured Smythe over audit quality, US audit watchdog censures Smythe for using unregistered overseas firms
Profession
Sunday News Roundup 23.10.22: The Big Rift, return of the Roundup, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
Profession
CPAB: Mystery Big Four accounting firm will not meet audit threshold this year
Audit regulator's mid-year inspections report suggests Canada’s largest accounting firms are showing little audit quality progress as a group
Profession
PCAOB finds faults in more than half of PwC Canada, BC accounting firms' audits
US audit watchdog releases inspection reports with multiple deficiencies for PwC Canada, De Visser Gray LLP, and Harbourside CPA LLP
Profession
Another BC accounting firm punished by audit regulators
The Public Company Accounting Oversight Board in the United States has censured Canadian firm K.R. Margetson and its principal, Keith R. Margetson
Profession
Sunday News Roundup 23.08.06: CPAB auditor crackdown and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
Profession
CPAB bans Vancouver accounting firm from auditing publicly listed companies
Audit regulator terminates Hay & Watson audit engagements, censures Calgary-based firm PKF Antares over new audit engagements with risk
Practice
Bill C-47: New rules for reportable and notifiable transactions take effect
Ronald Nobrega and Devon LaBuik of Fasken on the responsibilities imposed on advisors, including tax professionals, by new reportable transactions rules
Practice
Ernst and Young Canada to pay $1.5 million in class action lawsuit over Just Energy audits
The Big Four accounting firm will also provide information relevant to the ongoing litigation against executives censured by the PCAOB
Profession
Sunday News Roundup 23.07.02: ISSB, CSSB, sustainability and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
Profession
Canadian audit watchdog CPAB sanctions third BC accounting firm this year
Smythe LLP, Manning Elliott LLP, and DMCL have all been barred by the Canadian Public Accountability Board from accepting new, high-risk clients
Profession
Vancouver accounting firm Smythe LLP first Canadian audit firm to be publicly censured by regulator under new disclosure rules
Changes to enforcement disclosure rules by CPAB means more transparency from audit regulator, more public scrutiny of Canadian auditors
Thought Leaders
Alberta election: Is the province’s energy regulator acting in the public interest?
Canadian accounting firms like Grant Thornton and PwC Canada have had trouble in Alberta with environmental liabilities when acting as receivers
Profession
Top accountant’s jump between two sustainability standards boards puts focus on new CSSB
Do recent appointments to the new Canadian Sustainability Standards Board, including new chair Charles-Antoine St-Jean, balance global standards with Canadian special interests?
Profession
Special Report: Overall audit quality drops at Canadian accounting firms as audit regulator pursues more transparency
Canadian Public Accountability Board annual inspection report reveals poor performance overall exaggerated by some audit firms
Practice
When the CRA reassessed a taxpayer's tax returns beyond the normal reassessment period
Canadian accountant and tax lawyer David J. Rotfleisch explains how, in Goldhar v The King, a toy salesman successfully appealed a CRA reassessment
Thought Leaders
OSFI’s new guidelines: A step toward making banks and insurers more conscious of their climate impacts
New sustainability reporting standards will help determine who will pay for environmental cleanup costs when oilsands producers go bankrupt
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
Profession
Sunday News Roundup 23.03.12: Accounting for grocery moguls, EY presses pause, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
Profession
Sunday News Roundup 23.03.05: Future of accounting standards setters and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
Profession
Canadian audit regulator issues enforcement action against US accounting firm
CPAB bars Marcum from accepting high-risk audit engagement clients
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
Canadian accountants cannot resign membership to avoid discipline hearings
Alberta court denies accounting professional’s attempt to stay proceedings