A Comprehensive Overview of What You Need to Know When Faced with a CRA Tax Audit in 2024 & 2025.
In this comprehensive course, Steven Pitucci, a practicing CPA from Toronto, Ontario, discusses the main areas you need to know about audits executed by the Canada Revenue Agency (CRA), updated for current technical issues encountered by tax accountants and lawyers across Canada.
The ten areas covered in this course include:
Included in this course is a bonus section that contains a downloadable copy of a Net Worth Audit (NWA) spreadsheet template similar to one used by the CRA when conducting such audits. This resource is extremely useful for understanding how the CRA conducts its analysis in NWAs and can also be used to vet their findings. Steven includes a video walkthrough on how to use this spreadsheet and further discusses specific considerations related to NWAs.
13 activities • 12 videos • duration: 2h 59m
Accounting and Tax Educator, CPA, CA
As a Chartered Professional Accountant, I am currently navigating the complex world of forensic accounting & advisory in a Canadian insolvency firm. I am a former partner of public accounting firm serving Canadian individuals and privately-held businesses. I am also educating other accountants with all things accounting and tax. I have a passion for taking complex issues and teaching them to others in a manner that is understandable.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
Great course with a lot of good content
Could not download the excel worksheet
very interesting, learnt a fair amount. useful tips/insights and spreadsheet.
Helpful, good content.
