Standards

Profession
Canada’s audit regulator reports significant findings increase
New CPAB CEO cites management systems, cryptocurrency challenges
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Practice
PCAOB fines Deloitte Canada for impaired audit independence
Canadian firm “audited its own work” for South African gold mining client
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- VIEWS 160

Global
Mandatory audit firm rotation fails to deliver on goals
Global audit market study from Source Global Research provides Canadian ammunition
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- VIEWS 160

Al Rosen
It’s time to get serious about the future of Canadian auditing
Why invest in Canadian companies given recent court rulings?
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- VIEWS 160

Profession
Federal Court upholds CRA audit powers
Charter Challenge: Campbell v Attorney General of Canada, 2018 FC 683
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- VIEWS 160

Profession
Auditors owed no duty of care to client's clients in Lavender
Ontario Court of Appeal decision reaffirms limits to auditor liability
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- VIEWS 160

Profession
CPA Canada federal climate change pact counters sustainability criticism
Natural Resources Canada to split cost of $1.45 million awareness initiative
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- VIEWS 160

Management
Fraud Blotter: Former Manitoba CPA sentenced to six years in prison
Our roundup of recent accounting fraud allegations and sentencing
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- VIEWS 160

Al Rosen
Stark regulatory differences between Canada and U.S. belie claims of audit independence
There’s a difference between good audit reviews and good audits, says Al Rosen
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- VIEWS 160

Standards
Most Canadian companies haven't started lease accounting transition
Smaller Firms Lagging Behind; Organizations Experiencing Multiple Challenges
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- VIEWS 160

Profession
New Deloitte Canada report stresses stakeholder role in financial reporting quality
A new report from the Deloitte Institute for Audit Innovation and Quality reinforces the need for all parties to contribute to quality financial reporting
- COMMENTS 13
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- VIEWS 160

Profession
Canadian accountant Kevin Dancey to steer global standard-setter IFAC
Former CPA Canada head appointed, as international financial, securities bodies challenge global audit standards oversight
- COMMENTS 13
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- VIEWS 160