In this section, you will find up-to-date articles, some knowledge you should know as an owner/entrepreneur/individual, and resources pertinent to accounting/tax-related topics in Canada. All our writings are for general information purposes. None can be used or deemed as our advisory solution. If you find any of the writings useful, you may share without permission. All our writings are copyright free.

BT picks new auditor after £530m Italian accounting crisis

BT Group has picked a new auditor to replace PricewaterhouseCoopers (PwC), months after the emergence of a £530m accounting crisis in its Global Services division. Sky News understands that BT directors selected a winner from a two-horse race between EY and KPMG at a board meeting on Wednesday. The new auditor, which will break PwC’s…

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Tech Teams Rush to Catch Up as New Accounting Rule Looms

A major accounting rule change is stressing finance staff and creating headaches for technology departments at some of the world’s largest businesses. Public companies like Verizon Communications Inc., VZ 0.13% Hortonworks Inc.HDP 0.08% and Workday Inc. WDAY -0.16% are facing higher costs as they spend months to comply with a new rule that will change…

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Lease accounting standard leaves companies with questions

As companies get ready for the new lease accounting standard, they’re coming across a variety of complications and questions before the standard takes effect in the next few years. Deloitte recently issued a publication with answers to some of the frequently asked questions its clients have encountered. “From an implementation perspective, companies are now digging…

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