New accounting standards for private enterprises have been issued and are available for 2009 reporting for entities that choose to adopt them early. New standards will be mandatory for private enterprises for years beginning on or after January 1, 2011.
2009-12-21, New Quality Control Standard in effect
The new Canadian Quality Control Standard for Firms, also known as CSQC 1, applies to all firms performing assurance engagements and has been in effect since December 15, 2009. More »
2009-12-18, Pre-budget consultations: the Ordre submits a brief
On Thursday, December 17, 2009, the Ordre submitted a brief to Quebec Finance Minister Raymond Bachand as part of the 2010-2011 pre-budget consultations. The document sets out measures that, in the Ordre's opinion, the Quebec government should take to achieve a balanced budget in 2013-2014. More »
2009-12-08, Canada's CAs honour four Quebec organizations at the 2009 Corporate Reporting Awards
Three enterprises and a Crown corporation, all based in Quebec, were honoured for their exceptional performance at the Corporate Reporting Awards ceremony, hosted by the Chartered Accountants of Canada. Congratulations to SNC-Lavalin Group, Cascades, Bombardier and Telefilm Canada! More »
The results of the 2009 Uniform Evaluation (UFE) were released this morning and the Ordre des comptables agréés du Québec is very pleased to announce that 599 Quebec candidates passed one of the most challenging examinations in the world.
2009-11-10, Brief on Bill 63, Business Corporations Act
Responding to an invitation from the Public Finance Committee, last Wednesday Quebec's three professional accounting bodies submitted a joint brief to the Committee regarding Bill 63, Business Corporations Act.
This very important bill proposes a complete reform of Quebec's Companies Act and aims to better protect minority shareholders.
Our position
Since the Business Corporations Act needs to be modernized to ensure that Quebec remains competitive with other Canadian provinces and the United States, we agree with the goals and objectives of this reform. However, we believe that certain provisions of the Bill may be problematic, especially the provisions affecting professional secrecy.
[ To read the brief on Bill 63 - In French only ]
2009-09-29, 2010-2011 annual fees: important changes to come
Changes will be made to the various annual fee levels for 2010-2011. Members in attendance at the Annual General Meeting on September 12 voted in favor of creating two new member categories for annual fee purposes and of increasing the fees.
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