© The CPA Ontario Centre for Corporate Reporting and Professionalism
Smith School of Business
Discover why audit committees of corporate boards need to take themselves more seriously
January 10, 2022
The first half of the 2000s featured some of the most spectacular management and accounting scandals of all time. Enron. WorldCom. Freddie Mac. AIG. Parmalat. Canadians can take perverse pride in one of the most brazen of them all: the […]
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Read the contribution from Bertrand Malsch and Oriane Couchoux to the Collections of Perspective published by the Financial Reporting Council in the UK on the transformation of audit firms culture
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August 9, 2021
Audit firm culture is a critical component of an audit firm’s ability to deliver high quality audits in the public interest. One key attribute of a good, healthy audit culture is auditors being able to challenge effectively and exercise professional […]
Wealth Professional
Oped-publication: Authors argue that as long as their governance remains underground and their risk unauditable, cryptos should be banned from our financial markets.
November 24, 2021
“There is no justification for taking so much risk collectively with a politico-financial project that remains, at best, experimental,” Bertrand Malsch, Erica Pimentel and Nathaniel Loh of Smith’s CPA Ontario Centre for Corporate Reporting and Professionalism write in Wealth Professional […]
The Conversation
When companies massage the books, the environment takes a hit
July 21, 2021
Managing earnings involves the manipulation of financial reporting by publicly traded companies in order to misrepresent how well they’re really doing. Companies might insert a low-ball estimate of bad debt or delay the announcement of a capital project — anything […]
The Conversation
Financial professions must pivot to stave off technological extinction
January 25, 2021
Blockchain technology threatens to upend the financial sector. While this presents an opportunity to reduce costs for businesses and consumers alike, it may also make some professions, like accounting, obsolete. What can financial professionals do to reposition and rebrand themselves […]
The Conversation
4 ways companies can avoid post-pandemic employee turnover
June 17, 2021
With pandemic-related lockdowns being lifted around the world, businesses are announcing plans to bring employees back into the office. Considering the widespread isolation and Zoom fatigue of the past year, one might expect employees to welcome a return to the […]