How does Sarbanes-Oxley affect the accounting profession?

The Sarbanes Oxley Act, or what is more popularly called SOX, was enacted by President George Bush in July, 2002. This law was passed in response to the discovery of monumental scandals of many leading American organizations, whose managements exploited the loopholes in accounting practices to carry out huge financial frauds. While the SOX Act […]

New Food Labeling Regulation in Canada

In late 2016, Canada introduced new changes to its food labeling regulation, which does away with the existing one, the Guide to Food Labelling and Advertising. Codified under what is called the Industry Labelling Tool; this regulation tool provides guidance to a number of important aspects of food, such as: Food Products that Require a […]