Profession

Practice

Homegrown national accounting firm MNP kicks off 2024 with new Quebec acquisition

Lafond CPA merger gives MNP a foothold in the Bas-Saint-Laurent region of La Belle Province, close to the border with New Brunswick
Practice

Canadian audit watchdog CPAB bans American accounting firm BF Borgers

The Canadian Public Accountability Board closed 2023 as it had begun — with an enforcement action against an American public accounting firm
Practice

When is it worth challenging the CRA's defective Tax Court pleadings?

Tax accountant and lawyer David J Rotfleisch reconciles the Federal Court Of Appeal's decisions in the similar but different Preston and Adboss cases
Practice

A Canadian tax lawyer explains why the ATIP process is critical to preparing for tax disputes with CRA

An Access to Information or Personal Information (ATIP) request can be a double-edged sword despite its importance to resolving tax matters
Practice

Tax complexities in dealing with the death of a spouse: ODSP and child benefits

Canadian tax lawyer and accountant David J Rotfleisch looks at the concept of ghost income in a win for the taxpayer in O'Brien v. The King
Thought Leaders

Australia has one of the weakest tax systems for redistribution among industrial nations – Stage 3 tax cuts will make it worse

Where does Canada rank on the global scale of income redistribution through taxation? Jim Stanford’s article on the gini coefficient provides answers
Profession

What went wrong at PwC Canada: Accounting firm agrees to pay $1.45-million to settle exam cheating scandal

CPA Ontario’s 15-page settlement agreement provides the most insight yet into widespread answer-sharing on PwC’s mandatory internal training tests
Practice

Canada Revenue Agency claws back $458 million in CEWs wage subsidies from COVID-19 pandemic following audits

The CRA found cases of aggressive non-compliance among claimants using third parties for application preparation, explains Canadian tax lawyer David J Rotfleisch
Practice

Canadian taxpayers must respond to CRA about assessments, reassessments, confirmations by the deadline

In Oliveira v. The King, the Tax Court was primarily concerned with the timeliness of the application, explains Canadian tax accountant and lawyer David J Rotfleisch
Profession

The 10 most popular Canadian Accountant stories of 2023

From ChatGPT to foreign firms to Big Four layoffs, which story did readers click on the most in the past year? And which story came out on top?
Practice

Expansion of the mandatory disclosure rules in the context of ordinary commercial and routine tax planning transactions

Greg Farano of Gardiner Roberts LLP on the new MDRs, broad enough at first to apply to ordinary commercial and routine tax planning transactions
Profession

September 2023 CFE results released as CPA accountancy bodies reach education agreement

CPAO says journey for students to become CPAs will not change and is unaffected by Ontario, Quebec decision to withdraw from Collaboration Accord
Profession

Canadian accounting firm Manning Elliott sanctioned by US audit watchdog for not disclosing CPAB censure

BC auditor was barred earlier this year by the Canadian Public Accountability Board from accepting new high- and medium-risk reporting issuer clients
Practice

Taxpayers must articulate reasons for not responding to questions in motions in Tax Court

Quigley v The King outlines the appropriate questions and responses during the discovery stage, explains tax lawyer and accountant David J Rotfleisch
Profession

Layoffs at Big Four accounting firm PwC Canada face media scrutiny over severance

Confirmation this week of layoffs at Big Four Canadian accounting firm PricewaterhouseCoopers followed PwC staff reductions in the UK and Australia
Profession

November News Roundup, 23-11: Australian lessons, CEWS clawbacks and more Canadian accounting news

Wrapping up the odds and ends from the past month in Canadian accounting news
Practice

Navigating CSQM 1: Monitoring and Remediation Process, Strengthening Performance

In part two of a two-part series, Kirsten S. Albo of ASK KSA Consulting explores the benefit of the CSQM 1 monitoring and remediation process
Practice

Navigating CSQM 1: Risk Assessment Process, Beyond Manuals

In part one of a two-part series, Kirsten S. Albo of ASK KSA Consulting explores the value of the CSQM 1 risk assessment process for Canadian accounting firms
Profession

Sunday News Roundup 23.11.19: Carbon tax carveout, CEBA sympathy and more Canadian accounting news

Wrapping up the odds and ends from the past week in Canadian accounting news
Thought Leaders

Opinion: The future of a unified Canadian accounting profession

There was a time when the Canadian accounting profession looked like it was headed towards specialization. What happened?, asks Nick A. Shepherd
Practice

Tax obligations for foreign home buyers In Canada: Bakhtiari v British Columbia

Can a refugee avoid paying the foreign buyer’s tax on human rights grounds under the Canadian Constitution? David J Rotfleisch comments on the Bakhtiari case
Career

Seven reasons why you should attend Accountex Canada 2023 this week

There’s still time to attend one of the premier accounting conferences of the year, taking place this Wednesday and Thursday at the Metro Toronto Convention Centre
Profession

Sunday News Roundup 23.11.12: Quebec transfer pricing, CRA interest and more Canadian accounting news

Wrapping up the odds and ends from the past week in Canadian accounting news
Profession

Fifth BC accounting firm censured by audit regulator CPAB thus far in 2023

WDM Chartered Professional Accountants censured by the Canadian Public Accountability Board, which has released seven enforcement actions this year
Profession

Multiple deficiencies cited by US audit watchdog in two Canadian firms' inspection reports

The Public Company Accountability Board has released inspection reports for two accounting firms, Crowe MacKay LLP and SRCO Professional Corporation