Once again, there is usually a clear template that CPA PEP follows for Day 2 of the CFE, which is as follows: 1. The first part of the exam will usually be financial reporting questions, typically with around four to six assessment opportunities. 2. The second part of the exam will be strategic issues relating to your elective competency (but ...

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TORONTO, March 22, 2021 – Canadian accountants say there are measures the Canada Revenue Agency could take right now to improve service during “a tax season like no other.”. The CRA has struggled with customer service issues during this tax season, including account lockouts in both February and March, which were caused by cybersecurity ...

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Moreover, there is a lot to keep up with, because the profession has changed its way of doing things, particularly over the past ten years, says McGeachy. For example, she notes, practitioners completing more than ten paid tax returns a year must now use e-file technology, and T1 adjustments are also being done through Re-FILE.

If capital losses are realized in connection with the wind-up of a corporation, it appears that subsection 40(3.6) should not be applicable. For example, see CRA Document No. 9325537 dated November 24, 1993, which seems to confirm that it is the CRA's policy not to disallow a loss on the wind-up, even if legal existence has not yet been cancelled.

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CFE Day 1 Strategy. The Day 1 case follows on from the case study you completed in Capstone 1. You will be presented with the same company but X years in the future, facing a new set of strategic and operational decisions. In all likelihood you will be faced with three to five strategic issues and two or three operational issues.

Wrapping up the odds and ends from the past week in Canadian accounting news share. COMMENTS 13; LIKES 149; VIEWS 160; Sunday News Roundup 23.07.16: CPA BC quiet on rift, the Big Manitoba Con, and more Canadian accounting news. Wrapping up the odds and ends from the past week in Canadian accounting news