Assurance

Helping you navigate regulatory complexity and strengthen trust and transparency.

Delivering Value and Confidence

It’s hard to know how to steer your business with the pace and turbulence of shifting regulations, technology and competition. We can help you deliver a clear path to value through improved transparency with stakeholders, confidently protecting and reporting on information for your business.

We bring new perspectives, harnessing specialized knowledge of your business, industry, and regulations to deliver deeper insights and advice across your organization.

Michael Paterson

National Assurance Leader
Tel: +1 416 941 8268
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PwC wins international award for AI audit technology
 

PwC recently received International Accounting Bulletin’s Audit Innovation of the Year for GL.ai, a revolutionary bot that uses advanced AI technology to detect anomalies in a company’s general ledger (currently in prototype phase).

 

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Insights

Financial Reporting Release — September 2018

Financial Reporting Release — September 2018

The last decade or more may have been dominated by Canada’s conversion to IFRS, efforts to improve accounting standards in the wake of financial scandals, and an illfated attempt at global GAAP harmonization, but these are rapidly becoming fading memories of a distant era. The main themes controlling the conversation now are about improving the quality of financial reporting more generally, including the 80% of it that lies outside the financial statements, whether the information needs of investors are being properly balanced against the cost to public companies, and the emergence of non-financial reporting issues, such as climate change. In this edition of the Financial Reporting Release, you’ll see these themes popping up again and again.

AC Insights Summer 2018 - Cdn Edition

AC Insights Summer 2018 - Cdn Edition

The IASB has two major projects in progress. One project is considering how to revise and update the IFRS Practice Statement 1: Management Commentary. IPS 1 is a guideline for preparing management’s discussion and analysis and is not used by public companies in Canada, which are subject to requirements for MD&A under securities regulations. The other project is the development of an accounting model for rate-regulated activities. Finalization for these projects is not expected for a couple of years.


 

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Simplifying the audit through innovation

Learn how PwC is “simplifying the audit through innovation,” ushering in an enhanced way of auditing that’s delivering high quality and unique insights to our clients.

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