Canadian Accountant - Accounting News & Insight
WEBCanadian Accountant - Accounting News & Insight. US audit watchdog censures, fines Canadian accounting firms Crowe MacKay, Grant Thornton. Public Company Accounting Oversight Board in the United States fines two Canadian auditors for violation of audit committee communications rules in audits. Only the United States benefits from renegotiating ...
Ontario, Quebec accounting bodies announce planned split from …
WEBTORONTO, 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 ...
CPA Standoff: Why haven’t the other provinces joined the …
WEBOTTAWA, 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 ...
What went wrong at PwC Canada: Accounting firm agrees to pay …
WEBTORONTO, ON, Dec 14, 2023 – The Canadian member firm of PricewaterhouseCoopers International has agreed to pay the Chartered Professional Accountants of Ontario $1.45 million over its failure to prevent cheating on internal exams.As reported by Canadian Accountant, PwC Canada has already paid Canadian and US audit regulators more than one million dollars in fines, after disclosing widespread ...
Only the United States benefits from renegotiating the Canada-U.S ...
WEBSep 29, 2024 — THERE is a ticking time bomb at the heart of the North American economy. And this is the year that it begins to detonate. Over the past several months, Canadian businesses and analysts have been pressuring the federal government to better prepare for the mandated renegotiation of the Canada-United States-Mexico Agreement (CUSMA) that regulates trade and economic activity among the three North ...
Special Report: Deloitte Canada tops rival Canadian accounting …
WEBTORONTO, 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 ...
Special Report: KPMG Canada beats Big Four accounting rivals in …
WEBTORONTO, 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 ...
Canadian accounting firm Grant Thornton LLP rebrands nationally, …
WEB5 days ago — TORONTO, October 1, 2024 – One of Canada’s largest accounting firms has rebranded and will refocus its business lines. Grant Thornton LLP will now be known as Doane Grant Thornton LLP in honour of its founding partner and legacy in Canada. It will remain a member of the Grant Thornton global network, while …
KPMG Canada leads all Canadian accounting firms in 2021 H1 …
WEBTORONTO, Sept. 10, 2021 – As Canadian accounting firms and their clients struggled during the first half of 2021, KPMG Canada outpaced all rivals in net new audit client gains, according to SEDAR analysis provided exclusively to Canadian Accountant by Audit Analytics, an independent research provider based in the United States.The Big Four accounting firm also came in second to PwC Canada in ...
Accounting industry resilient, surpasses pre-pandemic levels: StatCan
WEBJul 22, 2022 — The Canadian accounting industry proved remarkably resilient during the first year of the pandemic. While many industries posted steep revenue declines, the accounting industy was one of just four out of 12 cited in the StatCan study to post positive growth. The accounting industry posted a 2.6% increase in revenue for 2020, which was more than ...