ArticleCustoms Verifications (Audits): Planning To Succeed* – Part IIThe process of handling a customs verification can be an extraordinarily difficult undertaking for the uninitiated. CanadaAccounting and AuditMiller Thomson
ArticleDeadline Is Looming For Local Government Auditor AppointmentsThis year sees the new arrangements for appointing auditors under the Local Audit and Accountability Act 2014 finally bite. Local government bodies must appoint their auditor by the end of the year. CanadaAccounting and AuditGowling WLG
ArticleEnron, Professional Skepticism And Accounting Standards For Private EnterprisesFinancial statements should be read with a critical eye, and readers should question not just the information included in the statements, but also the accounting standards used to prepare the statements.CanadaAccounting and AuditCrowe
ArticleHitting 60 And Cashing In?It is a new year, and some of you may have just celebrated your 60th birthday or soon will be. With the excitement of this life milestone comes the option for you to begin receiving your pension benefits.CanadaAccounting and AuditCrowe Soberman LLP
ArticleKaren Johnston: Digital Nomad – Working Remotely While Travelling The WorldRemote Year is the brain child of an avid traveller from Chicago who wanted to travel the world, but didn't want to give up his career. CanadaAccounting and AuditFuller Landau
ArticlePublic Accounting Regulator Expands Oversight PowersThe Canadian Public Accountability Board (CPAB) recently amended its rules (Rules) applicable to accounting firms that participate in its oversight program.CanadaAccounting and AuditBlake, Cassels & Graydon LLP
ArticleTCDR Alert: CRA Policy On Access To Audit Information At The Proposal Stage Of An Audit—What To Do To Get AccessThis Tax "memo" describes the Canada Revenue Agency’s (CRA’s) policy on taxpayer access to CRA audit reports.CanadaAccounting and AuditPwC Management Services LP
ArticleTools For Audit Committees – Assessing The External AuditorIn recent years, an increased emphasis has been placed on the quality, accuracy and transparency of the financial information an entity provides to equity holders, lenders, regulators, analysts and other users of this information.CanadaAccounting and AuditCollins Barrow National Incorporated
ArticleThe Canada Emergency Wage Subsidy: A Welcome Assistance For Employers – A Pitfall For The UnpreparedCanadians have been blindsided by the COVID-19 health and economic crisis. The impact has been swift, painful, and enduring. CanadaCoronavirus (COVID-19)Miller Thomson
ArticleCOVID-19: Update From The Charities Directorate Of The Canada Revenue Agency (CRA)Last week, we wrote an article about key regulatory considerations for charities and non-profits arising from COVID-19, and noted that not much information was available at that time CanadaCorporate/Commercial LawTorkin Manes LLP
ArticleDoes Being an Ontario Not-For-Profit Corporation Mandate Audited Financial Statements? Given that many (although certainly not all) not-for-profit corporations ("NFPs"), both charitable and non-charitable, have a December year end and are preparing for their year end financial reporting, we thought it timely to provide a reminder about the financial disclosure requirements contained in their governing corporate legislation. CanadaCorporate/Commercial LawTorkin Manes LLP
ArticleAttacking Expert Preference: Cooperatieve Centrale Raiffeisen-Boerenleenbank BA v Stout & Company LLP, 2019 ABCA 455A recent Alberta Court of Appeal decision regarding standard of care, negligent misrepresentation, ...CanadaCriminal LawMcLennan Ross LLP
ArticleSound Document Retention Policies More Important Than EverThe U.S. Supreme Court has overturned Arthur Andersen’s 2002 criminal conviction for obstructing justice by deliberately shredding documents pertaining to Enron. CanadaCriminal LawTorys
ArticleFederal Auditor General's Report on Canada Health InfowayThe Auditor General's Fall 2009 Report, released November 3, 2009, included at Chapter 4 a detailed review of the operations of Canada Health Infoway.CanadaMedia, Telecoms, IT, EntertainmentBennett Jones LLP
ArticleBP Canada: Uncertain Tax Positions And The Importance Of Maintaining PrivilegeIt is critical to the maintenance of solicitor-client privilege that a corporation's actions be consistent with the confidential nature of the communication.CanadaTaxLawson Lundell LLP
ArticleBudget 2021 – Tax Enforcement, Audits, And Oral InterviewsRecently, Chrystia Freeland, Deputy Prime Minister and Minister of Finance, presented the 2021 Budget on behalf of the Government of Canada ("GOC").CanadaTaxMiller Thomson
ArticleCanada Revenue Agency Focussing On Staffing (Employment) Agency Audits – Guidance From Canadian Tax LawyersRecently the Canada Revenue has been ramping up their audits of Employment Agencies, an industry which is estimated to have defrauded the CRA of hundreds of millions of dollars of HST.CanadaTaxBarrett Tax Law
ArticleFederal Court Of Appeal Holds Canada Revenue Agency Does Not Have The Power To Compel Oral Interviews During AuditThe Canada Revenue Agency (CRA) has increasingly requested oral interviews during audits, particularly in transfer pricing audits. In Minister of National Revenue v. Cameco Corporation,CanadaTaxOsler, Hoskin & Harcourt LLP
ArticleTaxation And The "Dark Web": A Canadian Tax Lawyer's AnalysisSince the beginning of widespread internet connection, taxpayers have taken steps to protect themselves online and to ensure that their activities cannot be monitored by third-parties. CanadaTaxRotfleisch & Samulovitch P.C.
ArticleTransfer Pricing Audits: Exposures and RemediesWthout proper policies and documentation in place, transfer pricing audits can result in long and costly corporate headaches.CanadaTaxCrowe Soberman LLP