published: 01/25/2022

In March 2021, the Accounting Standards Board (AcSB) issued Section 4449, Combinations by Not-for-Profit Organizations in Part III of the CPA Canada Handbook – Accounting. Learn more about this new section in our briefing. Link to document.

published: 01/20/2022

Read this comparative summary to obtain a basis for discussions to help clients and potential clients decide what type of compliance engagement is likely to best meet their needs. Link to document.

published: 01/20/2022

Canadian Revenue Agency responses to roundtable questions. Link to document.

published: 12/15/2021

Canadian tax news and COVID-19 updates

Your source for the latest Canadian tax news and updates on changing tax laws. Working collaboratively with the Canada Revenue Agency (CRA) we aim to bring clarity on pressing tax questions and COVID-19 tax updates. Link to document.

published: 12/10/2021

Auditing government assistance: Are you prepared?

Our professional standards advisors have seen an increase in questions related to work performed on government assistance during audits and reviews. Simply performing work on the receipt of funds only is generally not sufficient. What else should you do? Click here for the full document.

published: 9/28/2021

CPA Canada recently added sustainability assurance resources on their website – an alert, a webinar registration page, and a resource page. These are introductory in nature and give a good lay of the land for sustainability reporting and assurance.

published: 8/16/2021

This article focuses on key practice review observations from the 2020-21 inspection year (from April 1, 2020 to March 31, 2021), which include the most significant areas where firms did not meet standards, and the areas of focus in the 2021-22 inspection year. Click here for the full document.

published: 7/19/2021

You’ve worked a long time as a practitioner and are now contemplating retirement from public practice. This article provides responses to some Frequently Asked Questions (FAQs). Click here for the full document.

published: 7/12/2021

A practitioner may be asked by their clients or third parties to perform special reporting engagements which may be outside of their standard practice. As there are many different types of engagements with varying assurance levels there can sometimes be confusion about who the client is, what standards are appropriate for the engagement, the nature of the reporting requirements, and the practitioner’s responsibilities. Before accepting such engagements, a practitioner may want to consider the following... Click here for the full document.

published 05/13/2021

The following list of links contains Knowledge Base content that relates to CSRS 4200. Click here for the full document.

published 05/06/2021

Do you find yourself in quarrels with your clients/CPA about fees? We have compiled this KBASE COLLECTION of content that discusses fee related matters as reference, as well as to assist in preventing such conflicts in the future. Click here for the full document.

published 05/06/2021

Due to an increase in enquiries associated with COVID related practice management issues we have compiled this KBASE COLLECTION to assist you in planning for emergencies and ensuring that your practice can continue to operate smoothly. Click here for the full document.

published 04/15/2021

Increasingly, CPAs are being looked to for advice that goes beyond tax and accounting matters. This shouldn’t be a surprise for anyone, as CPAs are financial experts who can bring objective data-driven advice to their clients that helps them not only understand tax-related matters, but also helps clients enhance their business growth and prospects, as well as wealth generation. To better understand how CPAs can play this critical role, we spoke with Burkett & Co.’s partner, Kevin Burkett, CPA, CA, on his experience. Click here for the full document.

published 3/12/2021

When looking for a practitioner to perform accounting services, here are a few tips to consider. Click here for the full document.