MORE THAN half of the Canadian accounting firms auditing reporting issuers in the political division seem to have decided to stop auditing publicly-quoted companies as a issue of a tougher regulatory regime.

MORE THAN half of the Canadian accounting firms auditing reporting issuers in the political division seem to have decided to stop auditing publicly-quoted companies as a issue of a tougher regulatory regime.

Canada's fresh oversight registration process for auditors displays that of the approximately 500 firms commonly auditing reporting issuers in Canada--50 of which are from outside the country--160 have registered with the recent Canadian Public Accountability Board (CPAB), while another 60 have begun the registration proces This implies that a fair amount of audit business should be up for grabs shortly.

David Scott chief executive officer