ArticleForeign Auditors Could Face Oversight In CanadaAccording to CPAB, 597 reporting issuer audits in 95 foreign jurisdictions involved a Component Auditor in 2016.CanadaAccounting and AuditStikeman Elliott LLP
ArticleForeign Private Issuers Soon Required To Submit Financial Data In XBRLOn January 30, 2009, the Securities and Exchange Commission ("Commission") adopted rules to require domestic public companies and foreign private issuers that prepare their financial statements...CanadaAccounting and AuditAlexander Holburn Beaudin + Lang LLP
ArticleIFRS ConversionProfessional firms and other business advisors have been raising awareness and emphasizing the need for publically reportable entities to begin their conversion processes to International Financial Reporting Standards (IFRS) for many months now. CanadaAccounting and AuditCrowe Soberman LLP
ArticleNew Compliance Requirements For Businesses Using Accounting & Bookkeeping SoftwareRecent regulatory changes in Canada require businesses using accounting and bookkeeping software—including payroll and payment services—to provide additional business information. These changes, introduced as part.CanadaAccounting and AuditBateman MacKay LLP
ArticleUpcoming IFRS ChangesOne of the downsides for Canadian companies that moved to IFRS in 2011 is that it came in the middle of the IASB’s and FASB’s joint program to improve and converge IFRS and US GAAP.CanadaAccounting and AuditPwC Management Services LP
ArticleU.S. Securities and Accounting Regulators Give New Guidance on Internal Controls AuditsManagement and auditor concerns about the significant costs of compliance with Section 404 of the Sarbanes-Oxley Act have spurred the SEC and PCAOB to issue additional guidance on internal control audits. CanadaAccounting and AuditOsler, Hoskin & Harcourt LLP
ArticleProvincial And Territorial Response To COVID-19As the nation continues to provide resources for Canadians amid the COVID-19 pandemic, provinces and territories are announcing aid measures they are providing for their communities.CanadaCoronavirus (COVID-19)Crowe
ArticleB.C. Societies: Update To Annual Return Filing RequirementsB.C. societies incorporated under the Society Act (B.C.) are required to file an Annual Report with B.C. Registry Services to remain in good standing.CanadaCorporate/Commercial LawAlexander Holburn Beaudin + Lang LLP
ArticleCSA Answer IFRS-Related Questions Regarding Accounting PoliciesLast week, the Canadian Securities Administrators (CSA) issued a Staff Notice in response to questions they have received regarding disclosure about accounting policies in issuers' interim and annual MD&A.CanadaCorporate/Commercial LawStikeman Elliott LLP
ArticleNot-For-Profit Law Alert – October 2011Corporations Canada announced yesterday that the Canada Not-for-profit Corporations Act will finally come into force on Monday, October 17, 2011.CanadaCorporate/Commercial LawBorden Ladner Gervais LLP
ArticleSenior Executives Settle With Alberta Securities Commission For Overstating The Company's Financial PositionOn June 16, 2016, the Alberta Securities Commission concluded Settlement Agreements with three senior executives from Poseidon Concepts, an Alberta corporation. CanadaCorporate/Commercial LawBorden Ladner Gervais LLP
ArticleShould I Consider Cloud-Based Expense Management?Should I Consider Cloud-Based Expense Management?CanadaCorporate/Commercial LawCrowe Soberman LLP
ArticleUpdate on Proposed Salary Cap LegislationYou may have heard about the Private Members’ Bill C-470, "An Act to Amend the Income Tax Act". CanadaCorporate/Commercial LawBorden Ladner Gervais LLP
ArticleHeads Up Retail Sector! The AODA Blitz Is On!The Ontario government has just announced accessibility compliance audits targeting larger retail sector employers, to take place over the next 3 months.CanadaEmployment and HRBorden Ladner Gervais LLP
ArticleOSC Publishes Top 10 Tips for IFRS FilersEarlier this week, the Ontario Securities Commission published an online guide to assist issuers in preparing their first IFRS interim financial report. CanadaFinance and BankingStikeman Elliott LLP
ArticleCourt Finds That Deloitte Did Not Owe Lenders A Duty Of Care In Preparing Company's Audited Financial StatementsVarious Deloitte entities have succeeded in having a negligent misrepresentation claim against them dismissed on summary judgment. CanadaLitigation, Mediation & ArbitrationBorden Ladner Gervais LLP
PodcastEpisode 034 – Canada Revenue Agency Audits Of COVID-Era Supports (Podcast)In our firm's latest podcast, Kenneth Keung and Kim G C Moody briefly discuss Canadian COVID era supports and the fact that the Canada Revenue Agency are auditing some of the support claims.CanadaTaxMoodys Private Client Law LLP
ArticleImportant 2019 Tax Year DatesToo many deadlines? No problem, we put together a list of key dates to help you navigate the 2019 tax year. CanadaTaxCrowe
ArticleProtect Yourself From Tax-Season FraudIt is Tax Season again and with that comes the boatload of spam emails trying to trick people into visiting compromised sites that serve up malicious software; or sites that try to gather personal information from unsuspecting or unwary individuals.CanadaTaxCrowe
ArticleCanadian Securities Regulators Provide Update On Approach To Director And Audit Committee Member IndependenceOn July 26, 2018, the Canadian Securities Administrators (CSA) published CSA Staff Notice 52-330 Update on CSA Consultation Paper 52-404 Approach to Director and Audit Committee Member Independence.CanadaAccounting and AuditGoodmans LLP