Practice

Practice

The Ontario Ministry Of Finance's Voluntary Disclosures Program – A Canadian tax lawyer's summary

David J. Rotfleisch explores the differences between the federal and Ontario VDPs
Practice

Preston Family Trust II v The Queen: Assumptions of facts in replies to a notice of appeal

Just the facts, ma'am: David J. Rotfleisch explains why the Tax Court of Canada would strike out the CRA's legal assumptions in a notice of appeal
Profession

KPMG Canada sanctioned by US audit watchdog for failing to disclose unregistered accounting firm

PCAOB shows "renewed vigilance" over the use of non-registered firms locally
Profession

Brand value at risk in planned accounting split of Ernst & Young audit and consulting lines

In the final part of a three-part series, why there may be no alternative to the splitting of audit and consulting at any of the Big Four accounting firms
Profession

Assurance, consulting monetization driving EY audit split, say accounting experts

In part two of a three-part series, experts see the potential for EY to monetize ESG, AI, and crypto while maintaining audit independence
Profession

Are global accounting regulators driving the audit and consulting split at EY?

In part one of a three-part series, Canadian observers explain why audit independence is a regulatory factor behind the Ernst & Young split
Profession

PwC Canada gets clean inspection report from US audit watchdog PCAOB

Why accounting firms cannot celebrate a similar regulatory achievement in Canada
Partner Posts

Why accounting and finance professionals are choosing Float corporate cards

Float cards and Float spend management software simplify business spending
Profession

Why is the Ontario Securities Commission examining Canadian audit firm ethics?

Canadian Public Accountability Board oversees public accounting firm audits
Practice

New proposed mandatory tax planning reporting obligations under the Canadian Income Tax Act

Amendments to the new rules were made in August 2022 and are likely to become law says Canadian accountant and tax lawyer David J Rotfleisch
Practice

Barrs v The Queen: Taxpayer relief under S.220(3.1)

Canadian accountant and tax lawyer David J Rotfleisch on a Federal Court of Appeal case involving a CRA's review officer's failure to engage with a request for equitable treatment
Practice

US audit watchdog PCAOB censures Vancouver public accounting firm

Hay & Watson barred by Public Company Accounting Oversight Board over backdating of files related to California oil & gas company
Practice

Ready for the CSQM changes? Part three: monitoring and remediation

Part three of a three-part series on preparing your accounting firm for new SQM
Practice

Ready for the CSQM changes? Part two: Designing your risk responses

In part two of a three-part series, Kirsten Albo, Justin Reid and David Stevens on preparing your accounting firm for the new suite of standards on quality management
Practice

Ready for the CSQM changes? Part one: quality objectives and quality risks

In part one of a three-part series, establishing quality objectives and the importance of quality risk identification and assessment
Practice

US audit watchdog publishes four new Canadian accounting firm inspection reports

Public Company Accounting Oversight Board inspection reports provide unique transparency into Canadian audit deficiency commonalities
Practice

MNR v Zhao: CRA collection action when there are reasonable grounds for delay

Canadian accountant and tax lawyer David J Rotfleisch on the Canada Revenue Agency’s successful jeopardy order in a high-profile BC real estate case
Partner Posts

How accountants and bookkeepers can become the tech advisors of the future

Aaron Doucet, CPA on enabling technology change for your small business clients 
Profession

Sunday News Roundup 22.07.31: Big Four split, CPA salaries and more Canadian accounting news 

Wrapping up the odds and ends from the past week in Canadian accounting news
Practice

"Not Authentic" CERS claims result in jeopardy order

A recent Federal Court decision shows the benefits of a submission letter in CRA jeopardy cases
Practice

Expert witness perils in SR&ED appeals

Stevan Novoselac of Gowling WLG on practical considerations for resolving SR&ED appeals, in light of a recent decision by the Federal Court of Appeal
Practice

Tax pipeline planning: A Canadian tax lawyer's guide and case study

A pipeline plan is a tool used to avoid paying tax on dividends to pay tax on capital gains explains David J Rotfleisch
Profession

Accounting industry resilient, surpasses pre-pandemic levels: StatCan

The accounting, tax preparation, bookkeeping and payroll services sector posted modest but stable revenue growth in the past three years
Profession

Sunday News Roundup 22.07.17: Cheating, acquisitions, software and more Canadian accounting news 

Wrapping up the odds and ends from the past week in Canadian accounting news
Practice

GST/HST input tax credit claims: Does the supporting documentation need to be issued by the supplier?

Jean-Guillaume Shooner of Stikeman Elliott on a recent decision by the Tax Court of Canada that recognizes the benefits of electronic record-keeping