Phil Cowperthwaite, FCA, specializes in auditing small entities, including not-for-profit organizations. His discussion paper provides insight to practitioners as to how an audit of a micro-entity might be approached.

This article, published in the March 2011 edition of Accountancy Futures, takes an alternative view of audit, arguing that when it comes to measurement, accountants should learn from the world of science.

On October 2, 2006, the International Federation of Accountants (IFAC) will introduce a significant new service that will benefit CGAs and students: the IFAC KnowledgeNet for Professional Accountants in Business (PAIBs). This KnowledgeNet, also known as IFACnet.com, has been developed to facilitate the sharing of the very rich and high quality resources of IFAC member...

The global financial markets have been in turmoil over the last few months. In Canada, there has been particular concern about non-bank-sponsored asset-backed commercial paper (“ABCP”) for which the market remains suspended as at the date of this Risk Alert.

Your competitive advantage starts here! No matter what sector of business you’ve chosen as your focus, CGA-BC’s Professional Development seminars can help you take your career and your organization to new heights.

The purpose of this course is to provide practitioners with an understanding of, and practical guidance in, applying the concepts of materiality and risk in designing the examination of a client’s financial statements. Its aim is to explain and illustrate how materiality and risk affect the examination, how to assess them in an examination, and how to design the examination to appropriately account for their influence.

The use of analytical procedures is addressed throughout the new Canadian Auditing Standards (CASs).This self-study course is intended to provide external auditors with an understanding of the use of analytical procedures and to provide suggestions on how client financial information may be used in this process. Specifically, this course addresses the more volatile results of smaller firms, highlighting how the techniques used in analytical procedures must be tailored to the environments in which they are used.

Forensic accounting is not to be confused with the traditional practice of auditing. Forensic accounting is almost always reactive rather than proactive. Whereas an audit may be carried out on an annual basis as a protective measure, even when there is no indication of wrongdoing, forensic accountants are generally reacting after-the-fact to suspected criminal or...