The global standard-setting boards for auditing, accounting ethics and accounting education recently released a new publication showcasing observations and potential ways to enhance professional skepticism. The publication, Toward Enhanced Professional Skepticism, was produced by a joint working group comprised of representatives from the Internati..
Put your voice forward! Do you or your clients use the private enterprise standards in Part II of the CPA Canada Handbook directly, or via the not-for-profit standards in Part III? Here’s your opportunity to influence the Accounting Standards Board (AcSB) on which topics to prioritize in determining if and when to undertake Part II projects. Comp..
Effective October 1, 2017, Professional Accounting Firms (PAF) will be registered with CPA Alberta in a new way. The Varied Registration Model will provide increased clarity for clients and prospective clients on the types of services that a PAF can perform. This new model will move from PAF’s being registered on a “restrictions” ..
There are a number of accounting standards that Alberta CPAs may be interested in providing their perspective on: Accounting Standards Board (AcSB) Roundtable on How to Improve Disclosures in IFRS Financial Statements: Register to attend the AcSB’s roundtable discussion to share your views on the IASB’s Discussion Paper on the Principl..
Each year, the findings of the practice review program are analyzed and common deficiencies across the country and province..
There are a number of useful resources available that beneficial to practitioners and those impacted by the recently implemented Alberta Carbon Tax. The following is a condensed list of some of these resources, containing direct links to forms, guides, etc. The original source of this information can be found in the “Risk and Reputation..
Comments Needed! There are four current Exposure Drafts that may be of interest to Alberta CPAs. Three, from the International Ethics Standards Board (IESBA), deal with ethics, and the fourth, from the Accounting Standards Board (AcSB), deals with not-for-profit standards. Alberta CPAs are encouraged to take the time to review the Exposure Drafts a..
Update from the CRA Do you use form RC59, Business Consent, to get online access to your business clients’ information in Represent a Client?..
The CPD reporting period is based on the calendar year (January 1 – December 31) and all members are required to make a declaration no later than March 1...
What does the term “public interest” mean to the Auditing and Assurance Standards Oversight Council (AASOC)? In a new paper released in August 2016, they clarify and expand on their responsibility to be satisfied that the standard-setting process is appropriate and responsive to the public interest. A few of the key points outlined in t..