Latest intelligence
Categories
Business (302)
Personal Development (36)
Office Productivity (3)
Information Technology (2)
Project Management (2)
Business
1 min read
As Big Four foreign firms punished for exam cheating, PwC Canada fines put into perspective
The accounting watchdog that oversees auditors of US public companies levied a record civil penalty this past week against KPMG Netherlands for similar offenses confessed to by PricewaterhouseCoopers in Canada in 2020.
canadian-accountant

Business
1 min read
Bank of Canada holds key interest rate at 5%
Here’s your weekly digest of the Globe’s most essential business and investing stories, with insights and analysis from the pros, stock tips, portfolio strategies and more. The Bank of Canada kept its policy interest rate at 5 per cent for the sixth consecutive time and offered no timeline for rate cuts.
The Globe and Mail

Business
1 min read
Trump Media's Accounting Firm Has Audit Deficiency History
Donald Trump’s social-media company just became the most valuable publicly traded client of an accounting firm that has more experience auditing companies traded over-the-counter and has had a string of regulatory issues, including a 100% deficiency rate on audits reviewed by a US watchdog.
Financial Post

Business
1 min read
Debt burden in B.C. felt more than across Canada, survey shows
Bank of Canada set to hold interest rate policy meeting on April 10 as more British Columbians report feeling greater pinch in their wallets.
Vancouver Is Awesome

Business
1 min read
Costs for CRA’s bare trusts rules neared $1-billion, survey of accounting firms suggests
The poll’s respondents also reported incurring an average $12,000 each in costs related to preparing bare trust returns that hadn’t yet been submitted, or for which they hadn’t yet billed clients
The Globe and Mail

Business
1 min read
Two of the Big Four accounting firms failed their audit inspections in 2023 — but we don’t know who
Ninety-nine foreign firms, which are not annually inspected, audit roughly 8.5% of the remaining reporting issuers. The remaining 1.5% of reporting issuers are divided up between 90 Canadian accounting firms both annually and non-annually inspected.
canadian-accountant

Image subscription

Never miss a post.

We'll keep you in the loop with everything good going on in the modern professional development world.

By submitting this newsletter request, I consent to LearnFormula sending me marketing communication via email. I may opt out at any time. View LearnFormula's privacy policy