More than half of Canadian companies received a going concern opinion (GCO) in 2020. Canada’s CAS 570, which requires the auditor to assess and report on management’s use of the going concern assumption, became effective for periods ending on or … Continue reading
Category Archives: Audit Opinions – Canada
When Does a Canadian Company’s Year End?
In the past, Audit Analytics has analyzed year-end dates for public companies. For companies with a calendar year-end fiscal year, the weeks leading up to April 15th are exceptionally busy for financial professionals. To see how busy this “busy season” … Continue reading