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The Ontario Securities Commission on Accounting and Auditing from the 1960s to 2008 – Part 1: 1960s to 1985

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  • STEPHEN A. ZEFF
  • VAUGHAN S. RADCLIFFE

Abstract

We present Part 1 of a historical review and analysis of the role played by the Ontario Securities Commission (OSC) in accounting and auditing from the 1960s onwards. Part 1 deals with the period from the 1960s to 1985. Parts 2 and 3 will treat the roles played by the first five Chief Accountants, from 1986 to 2008. As the principal Canadian stock exchange in recent times has been the Toronto Stock Exchange, the OSC has been the most important securities market regulator in Canada. Prior to this article, the academic and professional accounting literature has been largely barren on the OSC’s evolving role on accounting and auditing issues. Le rôle de la Commission des valeurs mobilières de l’Ontario en matière de comptabilité et d’audit des années 1960 à 2008 — Partie 1 : Années 1960 à 1985 Résumé Les auteurs présentent la première partie de leur revue historique et de leur analyse du rôle joué par la Commission des valeurs mobilières de l’Ontario (CVMO) en comptabilité et en audit, à compter des années 1960. Cette première partie de leur étude porte sur la période s’échelonnant des années 1960 à 1985. Les deuxième et troisième parties porteront sur les rôles joués par les cinq premiers Chefs comptables, de 1986 à 2008. La Bourse de Toronto ayant été la principale bourse canadienne au cours des dernières années, la CVMO a aussi été première en importance parmi les autorités de réglementation du marché des valeurs mobilières au Canada. Jusqu’à maintenant, les écrits sur la théorie et la profession comptables étaient demeurés à peu près silencieux sur l’évolution du rôle de la CVMO au chapitre de la comptabilité et de l’audit.

Suggested Citation

  • Stephen A. Zeff & Vaughan S. Radcliffe, 2010. "The Ontario Securities Commission on Accounting and Auditing from the 1960s to 2008 – Part 1: 1960s to 1985," Accounting Perspectives, John Wiley & Sons, vol. 9(1), pages 29-53, March.
    • Handle: RePEc:wly:accper:v:9:y:2010:i:1:p:29-53
    DOI: 10.1111/j.1911-3838.2010.00003.x
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    References listed on IDEAS

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    1. Stephen Zeff, 2007. "The SEC rules historical cost accounting: 1934 to the 1970s," Accounting and Business Research, Taylor & Francis Journals, vol. 37(S1), pages 49-62.
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