17 Jun 2019

With the emergence of blockchain technology, CPA Canada has created a working group to explore different auditing approaches and the risks relating to cryptocurrencies and blockchain.

Jean-François Trépanier, Senior Manager, Assurance Research at Raymond Chabot Grant Thornton and Technical Advisor, Regulations at Catallaxy, is leading one of the working group’s projects. In an interview with CPA Canada, Jean-François provides an overview of the situation of public companies handling cryptocurrencies in Canada. He identifies the risks associated with blockchain technology and the accounting firms auditing cryptocurrencies.

Also, in a video discussing the prospects for CPAs in terms of blockchains, Louis Roy, Assurance Partner and President of Catallaxy clarifies that since this is a new technology, everything needs to be created. There are therefore excellent opportunities for CPAs to position themselves as experts in the field.

Roy offers some advice to CPAs who want to get involved in auditing cryptocurrency: he emphasizes the importance of properly understanding this technology, but also of knowing how to master cryptocurrency auditing tools.

Next article

17 Jun 2019

Conseiller.ca posted an article on deducting expenses for self-employed financial services advisors.

Although they can deduct any work-related expenses, “if they are unable to prove that an expense was incurred to earn income, the expense cannot be deducted. This is key,” states Jean-Pierre Poulin, Tax Partner at Raymond Chabot Grant Thornton.

In the article, Poulin discusses eligible expenses vs. personal expenses: kilometres travelled, interest on loans, meal and entertainment expenses, home office, etc.

For more information about these measures, read the article on Conseiller.ca.

Get advice from your tax advisor or financial consultant.

Next article

11 Jun 2019

With the publication of a special report on headhunters, Les Affaires is focussing on human resource issues.

One of these issues is the retention of new employees. The vast majority of headhunting firms offer a guarantee ranging from six months to one year to both client and candidates. “If it doesn’t work out during this period, we take the file back,” explains Louise Martel, Partner, Consulting Services. It is therefore essential to find the right candidate for the right challenges.

With this in mind, human resources professionals are finding that technical skills are becoming less important today. “Less and less time is spent evaluating them, to the benefit of behavioural and relational skills,” says Martel.

This report also includes an article on the integration of artificial intelligence into hiring processes. Our recruiting experts, partners Louise Martel and Jean-François Boudreault, also contributed to this article.

Even if artificial intelligence can be used, e.g. to perform an automated CV pre-analysis, Jean-François Boudreault says that “our profession is a craft; the emotional aspect remains very important. There are things that are experienced in interviews that cannot be described on paper. This is what our role is all about.”

Next article

10 Jun 2019

Industry 4.0 Audit: Raymond Chabot Grant Thornton Experts Receive Ministère de l’Économie et de l’Innovation Accreditation

MEI subsidy to accelerate local manufacturers’ digital shift

MONTRÉAL, June 10, 2019 – Raymond Chabot Grant Thornton is pleased to announce that its experts have been accredited by the Ministère de l’Économie et de l’innovation (MEI) to support Quebec manufacturing businesses in their digital transformation process in each of the steps leading to an industry 4.0 audit. The MEI is offering a subsidy of up to $15,000 to support the technological modernization initiatives of manufacturing businesses so they can start the process and benefit from the support of accredited experts.

Emilio B. Imbriglio, President and CEO of Raymond Chabot Grant Thornton stated: “Digital transformation ranks as the top priority for business leaders in 2019 and 4.0 implementation is a key growth strategy. Raymond Chabot Grant Thornton provides its current and future clients with an integrated service offering to enable local businesses in their technological and digital success.”

Nancy Jalbert, Partner, Management Consulting, added: “Our personalized and practical approach helps determine the organization’s specific needs based on its technological advancement and helps them undertake a true digital shift. With the Ministry’s accreditation, Raymond Chabot Grant Thornton’s experts can assist clients through the critical steps leading to a digital transformation, from strategic planning to the audit 4.0 through and up to the implementation of the digital plan itself.”

Industry 4.0 audit consists of performing an analysis and evaluation of an organization’s digital maturity with a report and action plan tailored to the company’s specific situation. This new certification now expands the firm’s overall advisory service offering and digital transformation and innovation expertise.

About Raymond Chabot Grant Thornton

Raymond Chabot Grant Thornton is a professional services firm dedicated to the success of organizations and their leaders since 1948. The firm‘s advisors are committed to helping clients thrive by obtaining a deep understanding of what is important to them, their business and their industry. This knowledge, combined with a team of motivated and talented professionals help accelerate growth.

A Quebec and Canadian leader in the areas of assurance, tax, advisory services and business recovery and reorganization, Raymond Chabot Grant Thornton boasts more than 2,600 professionals, including approximately 200 partners, working in over 100 offices across the province of Quebec and in the Ottawa and Edmundston regions.

Together with Grant Thornton LLP, another Canadian firm, and the Grant Thornton global organization, our global footprint spans across more than 135 countries with over 53,000 people who provide real insight, a fresh perspective and agility to keep clients moving ahead.

– 30 –


Francis Letendre
Head – Public Affairs
Raymond Chabot Grant Thornton
Telephone: 514-390-4201
Email: [email protected]