Canadian Accountant - Accounting News & Insight
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Case Commentary: When can directors, employees, independent …
6 hours ago · David J Rotfleisch, CPA, JD is the founding tax lawyer of Taxpage.com and Rotfleisch & Samulovitch P.C., a Toronto-based boutique tax law corporate law firm. In August 2024, the Supreme Court of Canada (SCC) denied the application for leave to appeal to the SCC by the appellant taxpayer, Astro ...
Special Report: Deloitte Canada tops rival Canadian accounting …
TORONTO, Feb. 2, 2023 – Deloitte Canada is making more money than its Canadian accounting rivals due largely to the strength of its consulting business. In 2022, the professional services firm reported annual revenue of $3.4-billion (all figures in Canadian dollars), 50 per cent of which was earned through consulting, according to its annual ...
CPA Standoff: Why haven’t the other provinces joined the …
OTTAWA, October 19, 2023 – Much of the attention devoted to the standoff between the national and the two provincial accounting bodies has focused on the complaints of CPA Ontario and CPA Quebec. Yet no other provincial or territorial body (PTB) has indicated an intent to leave the Collaboration Accord if there is no path forward with Ontario ...
Sunday News Roundup 24.10.27: St-Jean moved on, policing and …
4 hours ago · Subscribe to our weekly newsletter and get all the week’s stories. Click here to sign up. TORONTO, October 27, 2024 – When the Canadian Sustainability Standards Board announced that Charles-Antoine St-Jean was leaving the CSSB (“transitioning from his position as Chair”), it was easy to miss the news.
Special Report: KPMG Canada beats Big Four accounting rivals in …
TORONTO, May 18, 2023 – For the second year in a row, KPMG Canada has surpassed its Big Four rivals in net new audit client gains, helping to offset the loss of a controversial company as an audit client. While KPMG gained more clients than it lost, Ernst and Young LLP was the only member of the Big Four accounting firms to post positive net ...
The top Canadian accounting stories of 2023
Feb 4, 2024 · Homegrown national accounting firm MNP LLP continued to buy up accounting practices across the nation in 2023 and it kicked off 2024 by picking up another firm in Quebec. It’s been remarkable to watch this Calgary-based firm expand its footprint in BC, Ontario and especially Quebec, after its big deal with Deloitte. 7.
Accounting Principles: Part I - Canadian Accountant
May 10, 2020 · When accounting rules become generally accepted by business and the appropriate authorities, we refer to them an "generally accepted accounting principles" (GAAPs), which are essentially the rules within which accountants are supposed to operate. GAAPs comprise assumptions, principles, standards, rules and conventions for preparing and ...
Ontario, Quebec accounting bodies announce planned split from …
TORONTO, June 21, 2023 – The provincial accounting bodies regulating chartered professional accountants in Ontario and Quebec have split with CPA Canada over the future governance of the Canadian accounting profession. Both organizations, CPA Ontario and CPA Quebec, say their provincial economies are “unique” and their decision to sever ...
Planning for PER (Part Two): How to write the CPA Canada …
Mar 31, 2022 · VANCOUVER – In part one of this two-part series, Planning for PER: Writing the CPA practical experience requirements reports, I focused on the critical planning that is absolutely necessary to fulfil the practical experience requirements (PER) of the CPA program.Unfortunately, many candidates pass the Common Final Examination (CFE) and then must wait longer than is necessary to become a ...