Standards
Profession
CPAB: No gap in Canadian audit watchdog’s fraud thematic review
Canadian Public Accountability Board publishes recommendations for auditors amidst global scrutiny of fraud detection failures
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Is Canada’s audit watchdog ready to bare its teeth?
The Canadian Public Accountability Board says it's planning changes to its disclosure practices amidst media scrutiny and changing best practices
- COMMENTS 13
- LIKES 149
- VIEWS 160
Thought Leaders
Why Canadian accountants are needed in human capital reporting
Nick Shepherd explains why a recent corporate case shows the financial cost of ignoring HR intangible assets
- COMMENTS 13
- LIKES 149
- VIEWS 160
Thought Leaders
Everyone should have a say on the future of green accounting
Canada may adopt international sustainability reporting rules that focus on investors, not the public, warn three Canadian accounting professors
- COMMENTS 13
- LIKES 149
- VIEWS 160
Business
Letters: ASC at the forefront of climate change-related disclosure
Alberta Securities Commission Chair & CEO Stan Magidson responds to oilpatch lending crunch article by Robert Ascah of Parkland Institute
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Ontario Auditor General wants better communication between audit and securities watchdogs
Bonnie Lysyk and Carol Paradine comment on the Auditor General's report into the structural relationship between the Ontario Securities Commission and the Canadian Public Accountability Board
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Canadian accountants thrilled with awarding of new ISSB disclosure standards hub
Montreal one of three global hubs for new accounting body based in Frankfurt
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Contesting a will in Ontario: Canadian tax lawyer guide
Provincial legislations are carefully crafted to include provisions that infringe upon and restrict an individual's testamentary freedom, says tax lawyer and accountant David J Rotfleisch
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
The future of auditing: why plans to sharpen up the industry could actually make it worse
Unintended consequences of UK audit reforms will hurt smaller companies and non-profits
- COMMENTS 13
- LIKES 149
- VIEWS 160
Thought Leaders
When companies massage the books, the environment takes a hit
It’s time the accounting profession take earnings management more seriously, says financial accounting professors at Queen’s University in Kingston.
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Budget 2021 – Tax enforcement, audits, and oral interviews
If proposed legislative amendments receive Royal Assent, the Canada Revenue Agency will have the power to compel oral interviews
- COMMENTS 13
- LIKES 149
- VIEWS 160
Management
Fill in the non-GAAP: New disclosure requirements to become mandatory in August 2021
Marie-Christine Valois and Janie Harbec of Fasken review the new National Instrument 52-112, Non-GAAP and Other Financial Measures Disclosure
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Friday News Roundup 21.06.04: Sustainability standards, Isle of Man, PwC diversity and more
Wrapping up the odds and ends in this week’s Canadian accounting news
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Preparing for the new quality management standards: CSQM 1 system evaluation and monitoring
Part four of a four-part series from Kirsten S. Albo of ASK KSA Consulting Inc.
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Preparing for the new quality management standards: CSQM 1 risk responses
In part three of a four-part series, Kirsten S. Albo of ASK KSA Consulting Inc. explores the design and implementation of risk responses
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Preparing for the new quality management standards: CSQM 1 quality objectives and quality risks
In part two of a four-part series, Kirsten S. Albo of ASK KSA Consulting looks at CSQM 1 and its quality management process for all firms, regardless of size
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Preparing for the new quality management standards: An overview for Canadian practitioners
Kirsten S. Albo of ASK KSA Consulting Inc. kicks off a four-part series on CSQM 1
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Audit inconsistency remains a concern says Canada’s audit quality watchdog
Pandemic year delayed some inspections as CPAB worked remotely
- COMMENTS 13
- LIKES 149
- VIEWS 160
Thought Leaders
Sustainability rankings don’t always identify sustainable companies
An increasing numbers of investors depend on ESG information from third parties for their investment decisions but are the rankings meaningless?
- COMMENTS 13
- LIKES 149
- VIEWS 160
Thought Leaders
Imbalance: Accounting is not capturing the value of intangible assets
Accounting has an intangibles problem, says Nick Shepherd, author of How Accountants Lost Their Balance
- COMMENTS 13
- LIKES 149
- VIEWS 160
Management
The Canadian Securities Administrators publishes guidance for issuers on improving COVID-19 disclosure
The CSA has provided specific guidelines but there is no one-size-fits-all model, according to Ted Brown, Lindsay Cox, and Michael Akins of BD&P
- COMMENTS 13
- LIKES 149
- VIEWS 160
Thought Leaders
Nova Scotia first province to report Key Audit Matters in Auditor General report
KAM will provide Nova Scotians with context and transparency
- COMMENTS 13
- LIKES 149
- VIEWS 160
Thought Leaders
What is sustainability accounting? What does ESG mean? We have answers
Sprott Professor Leanne Keddie, CPA, CMA, provides an ESG primer
- COMMENTS 13
- LIKES 149
- VIEWS 160
Business
Annual reports should inform society — not only those with a financial interest
Climate accounting standards an example of societal impact, explains Financial Accounting Professor Alan Jagolinzer
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Canadian pension plan CEOs call for adoption of SASB, TCFD
Joint statement on leveraging standardized sustainability accounting standards
- COMMENTS 13
- LIKES 149
- VIEWS 160