NEWS

 

Government Measures to Restrict Income Sprinkling - December 13, 2017

http://www.fin.gc.ca/n17/17-124-eng.asp

 

Federal Proposal that will effect Small Business Tax Planning - July 18, 2017

http://www.fin.gc.ca/n17/17-066-eng.asp

 

Compilation Engagements (Notice to Reader Financial Statements) on the Agenda - June 2017
An Exposure Draft is being developed to address needed changes to the standard on compilation engagements. It is expected to be approved in the second half of 2017. Issues being discussed include:

  • the scope and definition of a compilation engagement;
  • engagement acceptance and continuance;
  • documentation requirements;
  • whether the CPA Canadian Standard of Quality Control should be applicable to compilation engagements; and
  • whether communication with management and those charged with governance is needed.

 

Federal Budgets & Legislative Updates

https://www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/federal-government-budgets.html