The Public Company Accounting Oversight Board reviewed an audit conducted in 2024 by the Vancouver-based accounting firm and flagged non-compliance issues

Vancouver-based accounting firm Smythe LLP still prohibited from accepting new high-risk reporting issuer audit clients, says Canadian audit watchdog CPAB

Alberta accounting firm allowed to accept new medium-risk reporting issuer audit clients, but some restrictions remain, says Canadian audit watchdog CPAB

The US Public Company Accounting Oversight Board determined Smythe LLP had a 100 per cent deficiency rate in three 2023 audits the PCAOB inspected in 2024

Accounting standards are becoming so complicated, says Philip Maguire, CPA, CA, that we have lost the ability to explain the results

Canada’s natural assets could one day be reflected in government financial statements, says Bailey Church of KPMG, as the tides of accounting are shifting

The Canadian Public Accountability Board has released its annual inspection results. One Canadian firm continues to show no public audit improvement

With its rules now changed, the Canadian Public Accountability Board will begin to name names in its annual audit inspection reports, beginning in Q1 2026

Public Company Accounting Oversight Board levies US$700k against KPMG Canada, US$3.375 million in total against nine member firms of global network

The Public Company Accounting Oversight Board found deficiencies in five out of 10 KPMG Canada audits it inspected in 2023 as well as issues of independence

Many small businesses across Canada rely on accountants without designations for bookkeeping and corporate taxes — but non-designated firms lack oversight

Accounting standards have focused on the balance sheet, says Philip Maguire, CPA, CA, yet the effort to match book value to market value has been a failure