Standards
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
Profession
PCAOB finally publishes first audit inspection reports of Canadian accounting firms this year
Deloitte Canada and De Visser Gray LLP receive excellent reviews from defanged US audit watchdog under deregulatory pressure from Trump Administration
Thought Leaders
Why non-GAAP measures lead to ethical dilemmas
Users should tread carefully when relying on EBITDA. Don’t fall into the slippery trap of turning a blind eye to non-GAAP reporting, warns Philip Maguire
Thought Leaders
The push to standardize ESG scores could make corporate greenwashing easier, not harder
Does the current patchwork system dissuade CEOs from gaming the system of ESG standards set by Canadian Sustainability Standards Board and others?
Profession
Regional accounting firms post good results in recent CPAB audit inspection reports
Audit watchdog Canadian Public Accountability Board posts 2025 inspection reports for Baker Tilly WM LLP, Crowe MacKay LLP, DMCL LLP, RSM Canada LLP
Practice
Audit watchdog inspection report reveals numbers behind continued expansion of MNP LLP
Homegrown national accounting firm shows no sign of slowing down expansion through multiple mergers with small firms and agencies across Canada in 2026
Thought Leaders
When companies face hostile takeover threats, they turn to ESG — and the whole community benefits
UM accounting professor and CPA Canada research fellowship recipient Lingyi Zheng asserts ESG investment works as a takeover defence for three main reasons
Profession
CPAB updates restrictions, releases inspection reports for regional accounting firms
Manning Elliott LLP, Smythe LLP, and American auditors Macias, Gini & O’Connell LLP previously restricted by Canadian Public Accountability Board enforcement
Profession
No significant findings reported by Canadian audit watchdog in reports on four Vancouver-based accounting firms
Davidson & Company LLP, D&H Group LLP, De Visser Gray LLP, and WDM Chartered Professional Accountants each have one office in Vancouver, British Columbia
Practice
It’s almost June. When will the PCAOB publish another Canadian audit inspection report?
The American audit watchdog, defanged by Trump administration deregulation, is far behind its usual publication rate and unlikely to improve in the future