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Showing posts from September, 2014

Canadian Chartered Professional Accountants, Top 10 reasons Rod Barr should be fired.

10. Safe guarding assets; Rod Barr concealed a fraud that led to a 1.3 million law suit, I should know. I am the plaintiff. 9. Treatment of members; Rod Barr through Robert Gubbins claims no duty of care to members. 8. Culture of arrogance; during the 2013 AGM Barr boasted of the membership apathy. Barr acts with impunity relying on an apathetic membership. 7. Maintains a criminal lawyer as general counsel, Elizabeth Cowie who is not qualified to litigate civil matters and has been overwhelmed by being appointed privacy office. An institute with the size of membership should have an independent privacy officer with appropriate accreditation. 6. Pirates belong in the Caribbean. 5. Discipline; Barr should have been charged with the other three stooges in the Livent litigation. 4. Should not have been hired in the first place. Barr is booted out of Deloitte Touche for screwing up the Livent audit and then elected president for the regulatory body authorized to discip...

Is Rod Barr a pirate?

Justice Gans stated in his 85 million judgement against Deloitte Touché that the auditors turned a blind eye to the obvious fraud around them. Rod Barr was flown in to review the Livent audit and gave it the proverbial stamp of approval-air rights and all. My first thought was which eye was blind and then followed a flood of follow-up questions; these questions were proxies at the AGM yesterday and were not answered. Rod Barr, 1.        Are you a pirate? 2.        In the movie Dumb and Dumber were both characters based on you? 3.        Why are you still president-have you no shame? 4.        When you play golf how do you judge distance with no depth perception? 5.        Have you sold “Air rights’ over dome at Bloor street head office? 6.        Which eye is blind? 7.   ...

Top 5 most dangerous CRA trends

1.      Media humiliation: Revenue Canada has been getting hammered by the media the past year and In response have doubled their efforts to collect tax. Negligence penalties once unheard of are now common place: penalty doubles tax owing if CRA contacts you first. If you file prior to a CRA request you can halve your tax bill   2.      CRA assigning more auditors to collect unreported tax. Remember the PST? Those auditors were not laid off or fired, in stead they assigned them as collections officers for the CRA.   3.      The government NEEDS money and they are investing in computer software to identify late filers.   4.      HST auditors are now being trained as *super* auditors to ensure compliance of personal and corporate tax.   5.      The Tax Court is less lenient   and are making an example of late filers by assessing gros...