This course provides comprehensive guidance on protecting confidential information during a Canada Revenue Agency (CRA) audit.
This course provides comprehensive guidance on protecting confidential information during a Canada Revenue Agency (CRA) audit. Participants will gain an understanding of the privileges recognized by the CRA and learn strategies to safeguard sensitive information. Through case studies and practical examples, participants will explore topics such as privilege over accountant-prepared documents, handling communications between accountants and legal counsel, seeking access to privileged or confidential information by the CRA, and proactive steps to avoid waiving privilege. The course also covers recent case law and common mistakes in privilege and accounting, along with measures to minimize the risk of breach of confidentiality. By the end of the course, participants will have a clear understanding of how to effectively navigate CRA audits while preserving client confidentiality.
Senior Accountant | EY
Desmonique Stubbs is a highly accomplished professional with a diverse range of experiences in the fields of accounting, auditing, and youth empowerment. Born and raised in the Bahamas, Desmonique developed a passion for making a positive impact in her community and helping young professionals thrive. Desmonique began her educational journey at Acadia University in Wolfville, Nova Scotia, Canada, where she pursued a Bachelor of Business Administration (BBA) degree in Accounting with Honours. During her time at Acadia University, she distinguished herself by focusing her honours thesis on the "Future of Audit in the Age of Blockchain," showcasing her forward-thinking mindset and interest in emerging technologies. While still a student, Desmonique had the opportunity to intern at Ernst & Young (EY) in the Bahamas. As an Assurance Intern, she performed audit procedures, ensuring the accuracy and completeness of financial statements. Desmonique's meticulous approach and ability to analyze complex financial data impressed her colleagues and helped her gain valuable insights into the auditing process. After completing her degree, Desmonique joined Fidelity Bank (Bahamas) Limited as a Deposits Intern, where she further honed her financial skills and gained practical experience in banking operations. She later returned to Fidelity Bank as a Summer Intern, expanding her knowledge in various areas of the banking industry. Passionate about community development and youth empowerment, Desmonique co-founded Disrupt Bahamas, a non-profit organization based in Nassau, Bahamas. As the Executive Director of Disrupt Bahamas, she leads the organization's efforts in providing support, resources, and knowledge to young Bahamians facing challenges in professional development. Desmonique and her team at Disrupt Bahamas aim to inspire and empower young professionals to excel in an ever-evolving world, fostering a strong foundation of support and progressive ideas. Desmonique's professional journey led her to join EY in Calgary, Alberta, Canada, as a Senior Accountant. In her role, she provides independent and objective examination of clients' financial statements, ensuring compliance with US GAAP, ASPE, IFRS, and SOX reporting requirements. Desmonique also plays a key role in leading the transition of the engagement team to a digital audit process, leveraging data analytics for risk assessment. Additionally, she serves as a liaison between client management and engagement partners, overseeing successful execution of audit and review engagements while managing engagement economics. Throughout her career, Desmonique has demonstrated exceptional skills in SAP FI, coaching, communication, and project management. She has a strong ability to analyze complex financial information, design and execute audit procedures for intricate areas such as derivatives and asset impairment, and effectively communicate with stakeholders at all levels. Desmonique Stubbs is a dedicated professional who continues to make a significant impact in the fields of accounting, auditing, and youth empowerment. Her commitment to excellence, community development, and forward-thinking approaches positions her as a valuable asset in any organization or initiative she undertakes.
Podcast Host | LearnFormula
Born in Oregon and raised in Colorado, I declared my shoes a province of Canada in the 5th grade - the first hint of wanderlust that would manifest in later years. With a dual passion for writing and performance, I graduated from the acting program at CalArts, learned screenwriting while "supplementing my income" shooting pool in Seattle, then lived in New Orleans where I busked with my typewriter. With a hundred dollars, a fedora and a bag of clothes, I moved to Paris (better 70 years late than never). Then to Prague and Helsinki, where I firmed up my resume with acting, writing and voice work. Now settled for several years with a home studio in Berlin.
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.
