Standards

Profession
Vancouver accounting firm Smythe LLP first Canadian audit firm to be publicly censured by regulator under new disclosure rules
Changes to enforcement disclosure rules by CPAB means more transparency from audit regulator, more public scrutiny of Canadian auditors
- COMMENTS 13
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- VIEWS 160

Thought Leaders
Alberta election: Is the province’s energy regulator acting in the public interest?
Canadian accounting firms like Grant Thornton and PwC Canada have had trouble in Alberta with environmental liabilities when acting as receivers
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Top accountant’s jump between two sustainability standards boards puts focus on new CSSB
Do recent appointments to the new Canadian Sustainability Standards Board, including new chair Charles-Antoine St-Jean, balance global standards with Canadian special interests?
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Special Report: Overall audit quality drops at Canadian accounting firms as audit regulator pursues more transparency
Canadian Public Accountability Board annual inspection report reveals poor performance overall exaggerated by some audit firms
- COMMENTS 13
- LIKES 149
- VIEWS 160

Practice
When the CRA reassessed a taxpayer's tax returns beyond the normal reassessment period
Canadian accountant and tax lawyer David J. Rotfleisch explains how, in Goldhar v The King, a toy salesman successfully appealed a CRA reassessment
- COMMENTS 13
- LIKES 149
- VIEWS 160

Thought Leaders
OSFI’s new guidelines: A step toward making banks and insurers more conscious of their climate impacts
New sustainability reporting standards will help determine who will pay for environmental cleanup costs when oilsands producers go bankrupt
- COMMENTS 13
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- VIEWS 160

Practice
Accountants negligent in review engagement of Ponzi scheme
Marco Baldasaro and Graham McLennan of McLennan Ross LLP on an Alberta court decision involving a disclaimer clause in an accounting firm's Review Engagement Report
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- LIKES 149
- VIEWS 160

Practice
Canadian accountants take note as SEC reminds accounting firms of the rules involving other auditors
KPMG Canada fined in 2022 over use of other auditors in multinational audit
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Sunday News Roundup 23.03.12: Accounting for grocery moguls, EY presses pause, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Sunday News Roundup 23.03.05: Future of accounting standards setters and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
- COMMENTS 13
- LIKES 149
- VIEWS 160

Profession
Canadian audit regulator issues enforcement action against US accounting firm
CPAB bars Marcum from accepting high-risk audit engagement clients
- COMMENTS 13
- LIKES 149
- VIEWS 160

Practice
KPMG Canada falls short in audit inspection report from US audit watchdog
PCAOB finds deficiencies in its inspections of four Canadian accounting firms, including nearly half of the audits it reviewed from Big Four accounting firm KPMG
- COMMENTS 13
- LIKES 149
- VIEWS 160