Standards

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?
Profession

Federal Court upholds CRA audit powers

Charter Challenge: Campbell v Attorney General of Canada, 2018 FC 683
Profession

Auditors owed no duty of care to client's clients in Lavender

Ontario Court of Appeal decision reaffirms limits to auditor liability
Profession

CPA Canada federal climate change pact counters sustainability criticism

Natural Resources Canada to split cost of $1.45 million awareness initiative
Management

Fraud Blotter: Former Manitoba CPA sentenced to six years in prison

Our roundup of recent accounting fraud allegations and sentencing
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
Standards

Most Canadian companies haven't started lease accounting transition

Smaller Firms Lagging Behind; Organizations Experiencing Multiple Challenges
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
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
Profession

CPA Accounting Standards Update

Livestreaming for CPD, effective dates, CAS for SMEs, and support for standardized non-GAAP