Standards

Profession
Former Auditor General Sheila Fraser appointed to CPAB
Original activist auditor general joins national audit regulator
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- VIEWS 160

Al Rosen
Overwhelming evidence of IFRS failure
IFRS has led to Canadian financial manipulation, says columnist Al Rosen
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Filling in the GAAPs
Implications of the CSA’s proposed non-GAAP disclosure rules, from the ICD Director Journal
- COMMENTS 13
- LIKES 149
- VIEWS 160

Bridget Noonan
The new CSRS 4200, Compilation Engagements. Too much work?
How much work is really involved under the proposed new standard?
- COMMENTS 13
- LIKES 149
- VIEWS 160

Al Rosen
British accounting scandals a warning to Canadians
Canadian regulators should not ignore corporate collapses in the U.K.
- COMMENTS 13
- LIKES 149
- VIEWS 160

Bridget Noonan
Thoughts on the proposed CSRS 4200, Compilation Engagements
Will legal obligations increase under the proposed new standard?
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Canada’s audit regulator reports significant findings increase
New CPAB CEO cites management systems, cryptocurrency challenges
- COMMENTS 13
- LIKES 149
- VIEWS 160

Practice
PCAOB fines Deloitte Canada for impaired audit independence
Canadian firm “audited its own work” for South African gold mining client
- COMMENTS 13
- LIKES 149
- VIEWS 160

Global
Mandatory audit firm rotation fails to deliver on goals
Global audit market study from Source Global Research provides Canadian ammunition
- COMMENTS 13
- LIKES 149
- VIEWS 160

Al Rosen
It’s time to get serious about the future of Canadian auditing
Why invest in Canadian companies given recent court rulings?
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Federal Court upholds CRA audit powers
Charter Challenge: Campbell v Attorney General of Canada, 2018 FC 683
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Auditors owed no duty of care to client's clients in Lavender
Ontario Court of Appeal decision reaffirms limits to auditor liability
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
CPA Canada federal climate change pact counters sustainability criticism
Natural Resources Canada to split cost of $1.45 million awareness initiative
- COMMENTS 13
- LIKES 149
- VIEWS 160

Management
Fraud Blotter: Former Manitoba CPA sentenced to six years in prison
Our roundup of recent accounting fraud allegations and sentencing
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- LIKES 149
- VIEWS 160

Al Rosen
Stark regulatory differences between Canada and U.S. belie claims of audit independence
There’s a difference between good audit reviews and good audits, says Al Rosen
- COMMENTS 13
- LIKES 149
- VIEWS 160

Standards
Most Canadian companies haven't started lease accounting transition
Smaller Firms Lagging Behind; Organizations Experiencing Multiple Challenges
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
New Deloitte Canada report stresses stakeholder role in financial reporting quality
A new report from the Deloitte Institute for Audit Innovation and Quality reinforces the need for all parties to contribute to quality financial reporting
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Canadian accountant Kevin Dancey to steer global standard-setter IFAC
Former CPA Canada head appointed, as international financial, securities bodies challenge global audit standards oversight
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
CPA Accounting Standards Update
Livestreaming for CPD, effective dates, CAS for SMEs, and support for standardized non-GAAP
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Changing of the guard at the Canadian Public Accountability Board
CPAB has announced the appointment of CEO Carol Paradine to succeed Brian Hunt
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Teck Resources: The Best in Sustainability Reporting
Teck Resources won top global honours for its sustainability reporting in 2017
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Integrated reporting creating new opportunities for CPA profession
Non-traditional reporting is aligning with the overall disclosure controls of companies today, says KPMG
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Financial Reporting Excellence in a World of Voluntary Reporting
CPA Canada’s 2017 Awards of Excellence in Corporate Reporting
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
The 21st century appeal of integrated reporting
KPMG says voluntary reporting is growing. The positives outweigh the negatives, says IFAC's deputy chair
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Auditors Beware: How Lavender v Miller Bernstein increased audit liability
Investors can rely on a report without ever seeing it, says professional liability lawyer James Lane
- COMMENTS 13
- LIKES 149
- VIEWS 160