On August 22, 2012 the SEC adopted two new rules mandated by the Dodd-Frank Wall Act.

Staff of the Ontario Securities Commission (OSC) recently conducted a review of the quality of public companies’ disclosures in their MD&A (management’s discussion and analysis) about the impact of the upcoming transition to International Financial Reporting Standards (IFRS).

Most business owners understand the importance of accounting software and technologies; they rely on it to gain insight into their business and to make better financial decisions.

Future projects will tackle the "face of the financial statements," focusing on improving the organization of the statements of financial performance, cash flows and financial position.

Why is it that one income loss report can say an insurance loss claim is worth a million dollars and another one can say it is worth nothing?

International Financial Reporting Standards (IFRS) has gotten a lot of press over the last few years.

The IASB And FASB Impairment Models For Financial Assets Could Differ If The FASB's Plans To Find An Alternative To The "Three Bucket" Approach Are Successful.

The Humber Valley Resort Corporation and related companies (collectively, "Humber Valley") applied for, and was granted, an Initial Order from the Newfoundland and Labrador Supreme Court (Trial Division) staying proceedings against it for one month under the CCAA.

Whether you're a snowbird with property in the United States or a U.S. citizen living in Canada, it's important you know your responsibilities when it comes to filing your taxes.

I have a confession: I hate double-entry accounting. I find reading double-entry accounting statements confusing. Getting through them is frustrating and annoying.

IFRIC recently examined how IFRS 5 Non-current Assets Held for Sale and Discontinued Operations should apply when a disposal plan is intended to be achieved by means of an initial public offering, but the prospectus to make that happen hasn’t yet been approved by the securities regulator.

Financial statements are used for internal management or to demonstrate to an external party the financial position of a company.

2011 will be a very important year for all associations and charities who were incorporated under the "Canada Corporations Act".

The Federal Commissioner for the Environment and Sustainable Development tabled her audit findings on January 26, 2016 of the management of pesticides by Health Canada's Pest Management Regulator Agency.

Earlier today, Canada’s Department of Finance released its long-awaited consultation paper entitled "Tax and Other Issues Related to Publicly Listed Flow-Through Entities (Income Trusts and Limited Partnerships)".

On September 30, 2008 the Office of the Chief Accountant of the U.S. Securities and Exchange Commission and the Financial Accounting Standards Board jointly released an interpretive memorandum regarding "mark-to-market" accounting.

The Federal Government announced new changes to impacting employees with stocks and eligible families who receive the Canada Child Benefit. These changes come in effect in the 2021 calendar year.

In Re Farmpure Seeds Inc. (2008 CarswellSask. 639) the Saskatchewan Court of Queen's Bench considered the proposal of a debtor which was conditional upon the Court approving DIP financing and a super priority charge.