Standards
Practice
Professional corporations and income for child support – Guidance from the BC Court Of Appeal
Chantal M. Cattermole of Clark Wilson LLP on a case involving competing income assessments prepared by two Canadian accountants
Practice
Why Canadian accountants need a CEWS client engagement letter now more than ever
Accounting practitioners are under pressure during the current pandemic to meet their clients' needs. Clearline Consulting has COVID-19 practice-related resources to mitigate risk
Thought Leaders
Bottom Line Profits: "It Ain't Necessarily So"*
Tax lawyer and accountant Vern Krishna looks at "the art of communicating financial information" through accounting
Profession
Accounting Principles: Part I
Vern Krishna of TaxChambers LLP explains the language of the world of finance and taxation in part one of a series
Profession
6 financial reporting and assurance considerations under COVID-19
Depending on the year-end of the organization, the financial reporting impact and the reporting considerations will be significantly different, says Bridget Noonan of Clearline Consulting
Practice
3 things to consider about the new CSRS 4200 accounting standard
The new CSRS 4200 is the most impactful on firms since tax reform in 2017, says Bridget Noonan. What should your firm’s first steps be?
Profession
CSA proposes revised non-GAAP and other financial measures rule
Following stakeholder consultation, the umbrella group of securities regulators has made substantive changes to the proposed instrument
Thought Leaders
The nature of taxes
Vern Krishna, FCGA, FCPA, CM, QC looks at taxation historically and in Canada
Profession
Canadian accountants win with stock option, non-GAAP rule delays
Morneau, securities regulators announce the need for more study
Standards
How are Canadian companies reporting cryptoassets?
New study from CBV Institute looks at financial reporting trends in cryptoassets
Profession
Canada's audit leaders hold roundtable
CPAB, OSFI co-host roundtable to discuss public confidence in audit quality
Profession
Big Four audit quality shows improvement in 2019
Auditing estimates remains a challenge says CPAB
Al Rosen
Worlds Apart: Supreme Court rulings vs. Canadian reporting standards
Investor protections have been stripped away, says Al Rosen
Thought Leaders
What Canada teaches us about internal controls
Public disclosure of material weakness dubious, says Robert Pozen
Al Rosen
Current value accounting is fuelling a Ponzi scheme market
IFRS is fundamentally extreme accrual accounting, says Al Rosen
Profession
Former Auditor General Sheila Fraser appointed to CPAB
Original activist auditor general joins national audit regulator
Al Rosen
Overwhelming evidence of IFRS failure
IFRS has led to Canadian financial manipulation, says columnist Al Rosen
Profession
Filling in the GAAPs
Implications of the CSA’s proposed non-GAAP disclosure rules, from the ICD Director Journal
Bridget Noonan
The new CSRS 4200, Compilation Engagements. Too much work?
How much work is really involved under the proposed new standard?
Al Rosen
British accounting scandals a warning to Canadians
Canadian regulators should not ignore corporate collapses in the U.K.
Bridget Noonan
Thoughts on the proposed CSRS 4200, Compilation Engagements
Will legal obligations increase under the proposed new standard?
Profession
Canada’s audit regulator reports significant findings increase
New CPAB CEO cites management systems, cryptocurrency challenges
Practice
PCAOB fines Deloitte Canada for impaired audit independence
Canadian firm “audited its own work” for South African gold mining client
Global
Mandatory audit firm rotation fails to deliver on goals
Global audit market study from Source Global Research provides Canadian ammunition
Al Rosen
It’s time to get serious about the future of Canadian auditing
Why invest in Canadian companies given recent court rulings?