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.

Ensuring a process is in place to identify material conflicts of interest that arise at both the firm and individual registrant levels.

On January 20, 2016, the Honourable Diane Lebouthilier, Minister of National Revenue, announced that the Canada Revenue Agency ("CRA") will commence winding down its review of political activities of registered charities.

On September 9, 2016, the United States Securities and Exchange Commission ("SEC") charged RPM International Inc. ("RPM") with failing to make proper disclosure.

In October 2016, the U.S. SEC announced Ernst & Young LLP agreed to pay $11.8 million to settle SEC allegations related to failed audits at oil services company Weatherford International PLC.

Can a private corporation decline to provide audited financial statements to its shareholders without their unanimous consent on the ground that it is too expensive for it to do so?

The document expands considerably upon brief guidance on this topic in CRA's main Information Circular on Transfer Pricing, which dates back to 1999.

Il est acquis que la détermination du fardeau fiscal d'un contribuable est tributaire des opérations juridiques qu'il a mises en oeuvre, et ce, en deux temps.

Did you know? As of May 20, 2015, Ontario employers could be required to self-audit their Employment Standards Act compliance.

As we have previously written, the Canada Revenue Agency ("CRA") is aggressively reviewing certain Tax Free Savings Accounts ("TFSAs").

CRA has conducted a tax audit of Uber in Canada and has asked for access to Uber's books and records. They did the same thing with Ebay a few years ago, and audited Ebay power sellers.

On April 29, 2020, the Canada Border Services Agency (CBSA) launched the digital application ArriveCAN to streamline the collection of contact and health information from travellers and facilitate quarantine measures.

Imagine Canada recently released, in an Early Alert, the answer to a question posed to the Minister of National Revenue in October 2014 on the status of the political activity audits.

In the latest chapter in an almost 20-year-old saga involving Philip Services Corp. ("Philip") and an accounting fraud uncovered in 1998, Ontario Superior Court Justice Perell summarily dismissed a negligent misrepresentation claim brought against Philip's auditor, Deloitte & Touche ("Deloitte").

On April 30, CRA Charities Directorate sent out a "What's new" email to its mailing list that included a discussion of "Reporting suspected non-compliance by registered charities".

As of January 1 2016, new AODA compliance requirements will be coming into effect under the AODA's Integrated Accessibility Standards Regulation (IASR).

On July 15, 2015, the Ontario court granted an Order approving settlement of the Castor Holdings litigation.

Who is the BSA? The Business Software Alliance ("BSA") is the leading advocate for the global software industry and promotes legal software use. The BSA investigates reports of alleged...

It is now well established that the most valuable assets of a 21st century business consist of its intellectual property.