Practice

Partner Posts

Intuit Intelligence now available in Canada: what's new in Intuit Accountant Suite for accounting firms

Cross-client portfolio insights, Firm Playbooks and Unified Inbox give Canadian accounting firms a way to deliver advisory work across their whole client base
Practice

Accounting firm RSM Canada LLP censured by Canadian audit watchdog for backdating signoffs

CPAB settlement agreement details six-year history of RSM auditors violating auditing and quality control standards related to sign-offs on audit workpapers
Practice

When a client asks a CPA to "confirm source of funds": Define what the letter actually does

A CPA's signature can turn a narrow records review into a much broader assertion in the eyes of a bank, lawyer, regulator, or immigration decision-maker
Practice

Canadian audit watchdog issues audit inspection reports for Grant Thornton branded accounting firms

The Canadian Public Accountability Board released audit inspection reports for Doane Grant Thornton, Grant Thornton U.S., and Raymond Chabot Grant Thornton
Thought Leaders

Canadian accountants need an AI evidence ledger before automation scales

The point is not paperwork for its own sake, writes Dr. Gleb Tsipursky. AI evidence ledgers answer questions accounting firms otherwise discover too late
Practice

Selling the family business to the kids: the tax rules now require the parent to leave

The statute conditions for intergenerational business transfers are strict, writes Koby Smutylo. Here are six things to settle before the tax memo is right
Thought Leaders

Canadian accountants need authority budgets for AI digital employees

Accounting firms now need to decide how much authority software should receive before a human must approve what happens next, writes Dr. Gleb Tsipursky
Partner Posts

The rise of AI in investment accounting: A new standard in productivity and compliance

The real advantage of AI in investment accounting, says Brian McGlynn, lies in the deployment of solutions engineered around securities portfolio workflows
Practice

Selling a business to an employee ownership trust: the tax memo can be right and the deal can still fail

The $10-million capital gains exemption is permanent. Your client's control over the company it applies to ends the afternoon he signs, explains Koby Smutylo
Practice

The salary-dividend decision after the small business rate cut

In part two of his two-part series, Bashar Qawas of Better Books Canada delves deeper into the unevenness of small business rate cuts in Ontario and Quebec
Practice

Philanthropists critical of Nakba exhibit donated $4.8M to groups later sanctioned

Canada Revenue Agency has revoked tax status of many Canadian charitable organizations academic asserts are “largely just conduits” for overseas funding
Practice

The small business rate cut that partly reverses in January

In part one of a two-part series, Bashar Qawas of Better Books Canada explains the timing mismatch in cuts to the small business corporate income tax rate