Canadian Accountant

CPA Canada's Tax 360 platform is included as a membership benefit to CPAs, but non-CPAs can also get access for a fee, which is an incredible opportunity for tax professionals of other designations, including lawyers and legal firms. Find out more here: tinyurl.com/5n73r3vs

According to the CPAB Annual Report, released last week, a marked improvement in audit quality has occurred at the national and regional mid-tier accounting firms across Canada. Learn more about a new era of transparency at Canada's audit watchdog: canadian-accountant.com/content/profes…

Congratulations to Patricia O’Malley, FCPA, FCA who served as chair of the Canadian Accounting Standards Board and is a founding member of the International Accounting Standards Board, upon becoming a member of the Order of Canada: canadian-accountant.com/content/profes…

Brian McGlynn of Wealth Write.Up has written three articles for us, all on the intersection between AI and HNW clients and family office advisory. Here is his first article his first article from last year. Just click on his name to read all three: canadian-accountant.com/content/author…

Brian McGlynn has written another astute article, this time on one sector of accounting practice, family offices and HNW client advisory services, and how the data in these areas is traditionally less reliable ... and how that impacts the use of AI: canadian-accountant.com/content/partne…

Deloitte has been caught twice using AI to generate its consulting reports, once in Australia, and now once in Newfoundland and Labrador, embarrassing the provincial government of Tony Wakeham, and jeopardizing public trust in the role of consultants: canadian-accountant.com/content/profes…

New federal tax measures are taking effect while artificial intelligence tools are rapidly entering the accounting profession — sometimes in ways that raise significant concerns about accuracy and professional responsibility. CPA Canada has solutions: tinyurl.com/2vmsndzr

Sometimes it’s not WHAT you release but HOW you release it. Case in point: CPAB releasing its audit inspection reports for the Big Four firms all at the same time. It was entirely predictable that KPMG would steal the spotlight for all the wrong reasons: tinyurl.com/4wfsjfa8

Canadian accountants and bookkeepers: Don't miss next Wednesday's Bookkeeping Workflow Summit to learn more about the Centralized Firm, and move beyond theory to give yourself a practical blueprint for running a small firm with total clarity: hubs.li/Q0461xxT0

Seven of Canada's largest accounting firms signed their teams up to CPA Canada memberships this year. With three tiers--including the free Affiliate membership, which gives you a free trial of the Tax 360 platform--there's a right equation for every CPA: tinyurl.com/bdeutpba

KPMG Canada's audit inspection deficiencies overshadowed the excellent results posted by both Deloitte Canada and PwC Canada. But the greater inspection transparency at audit watchdog CPAB has at least allowed for those comparisons to be made: tinyurl.com/4m6smfre

The Bookkeeping Workflow Summit is a free, one-day, four-session virtual event designed to help reclaim your time and build a firm that operates with total clarity. Remove bottlenecks and build a centralized firm that runs with clarity and ease: hubs.li/Q0461xxT0

How stark is the gender pay gap in Canadian accounting? Well, it helps to put things in context. According to the OECD, Canada already has one of the worst records in the world among peer economies of pay disparity. Some firms are taking steps to improve: canadian-accountant.com/content/profes…

Anti–money laundering (AML) compliance is quickly becoming one of the most urgent and confusing regulatory issues facing small and mid-size CPA firms in Canada. Clearline Consulting has a free webinar and AML resources to provide you with guidance: tinyurl.com/yc4e2keb

One of the stories we've followed closely over the past year is the issue of tax arrears by oil and gas companies in Alberta, and the impact that is having on municipal budgets and property taxes paid by Albertans. Here's the shocking data: canadian-accountant.com/content/busine…

If you missed today's Tax Update for Practitioners with Ryan Minor, CPA, Director of Tax at CPA Canada, it will be available on-demand as of March 10 for purchase here from AJAG Professional Development: dashboard.ajag.ca/courses/tax-up….

ICYMI: An in-depth look at the career value of an advanced tax credential, as two CPAs, Henry Shew and Kevin Nightingale, share their insights into achieving the Osgoode Professional LLM in taxation law: canadian-accountant.com/content/career… @OsgoodePD

ICYMI: AI is moving beyond basic automation to become a true strategic partner of those who can leverage technology, says Lisa Huang of Xero. Here's what Canadian accountants can expect in the year ahead as the industry shifts toward ecosystem thinking: tinyurl.com/nk77825v

"Beat the Busy Season: 5-Step Readiness Guide for Accountants & Bookkeepers" is available as an on-demand webinar right now for Canadian accountants. Download the free guide and case study from Sage Canada as well: tinyurl.com/3m63c6ry

How can the accounting profession prevent fraud — and protect both investors and the public — or is this a Sisyphean task?, asks Philip Maguire, CPA, CA. Given the amount of white collar crime in the news lately, what's a Canadian accountant to do? tinyurl.com/mvx7xf99