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As CPA Canada’s Collaboration Accord Fails to Collaborate, Who Gets the Profession’s Credibility in the Divorce?

Going Concern

We should have written about this months ago but didn’t get around to it, there’s some new news so let’s get to the backstory and what’s happening next with the various CPA bodies of Canada. TL;DR: CPA Ontario and CPA Quebec want to break up with CPA Canada. Y’all are familiar with those.

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Guidelines For Deducting Conference and Training Expenses

Ronika Khanna CPA,CA

Eg, the Canadian Institute of Chartered Accountants would have to hold the qualifying event somewhere in Canada otherwise the deduction might be denied. In such cases, CRA requires that $50 per day of the conference be allocated to meals and entertainment expense.

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Friday Footnotes: Accounting AI Explodes; SOX Compliance Sux; KPMG Gets on a List | 6.17.22

Going Concern

World-wide, startups making AI-powered accounting software amassed $233.3 Testing eligibility for qualified international CPA Exam candidates was previously determined through jurisdictions participating in the international administration of the CPA Exam and limited to sites based on a candidate’s residency and citizenship.

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