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Ontario’s CPAs can bring nuanced thinking and appropriate solutions to the pandemic-related issues that create challenges for the province’s business landscape and economy. You are equipped with unique skills that enable you to guide clients through the unprecedented turmoil caused by the pandemic and prepare for the “next normal.” You play an integral role in the economic recovery of our province.

CPA Ontario will continue to support you, while remaining steadfast in our commitment to protect the public interest. Our COVID-19: Resource Guide provides up to date and relevant information that addresses the global situation and the impact to the profession. Bookmark this page and check-in frequently for new updates.

AUDIT AND REGULATORY

Using specialists in the COVID-19 environment
International Ethics Standards Board for Accountants, International Auditing and Assurance Standards Board and American Institute of CPAs, October 2020

COVID-19 Insights: Understanding internal control in the audit
Canadian Public Accountability Board, September 2020

Applying the IESBA Code’s Conceptual Framework in COVID-19 circumstances: scenarios in taxation and valuation services
International Ethics Standards Board for Accountants, July 31, 2020

The effects of COVID-19 on your client, their internal controls and the audit
CPA Canada, July 20, 2020

Latest alerts on interim reporting, accounting estimates, auditor reporting, subsequent events, going concern and audit considerations during the COVID-19 pandemic
The International Auditing and Assurance Standards Board, July 2020

Summary of COVID-19 audit considerations and available resources
IFAC, June 3, 2020

COVID-19 Q&As highlighting ethics and independence considerations for professional accountants
International Ethics Standards Board for Accountants, May 8, 2020

COVID-19 audit considerations and insights
Canadian Public Accountability Board

In addition to these resources, the Professional Advisory Services team offers thoughtful, objective and timely feedback that can help you navigate this unprecedented climate. Consultations are strictly confidential and informal, and they are available whether you are working in the industry, in public practice, retired or volunteering. Reach an advisor by email: memberadvisory@cpaontario.ca; or phone: 416 204.3106 or 1 800 387.0735x4456.

DISCLAIMER:

Certain links on this Site take you to other websites, resources or tools maintained by third parties over whom CPA Ontario has no control. CPA Ontario provides these links only as a convenience and is not responsible for the contents of any linked website. CPA Ontario makes no representations or warranties regarding, and does not endorse, any linked website, the contents thereof, the information appearing thereon or any of the products or services described thereon. Links do not imply that CPA Ontario sponsors, endorses or is affiliated or associated with the entity that owns or is responsible for any linked website. If you decide to visit any linked websites, you will do so at your own risk. CPA Ontario bears no responsibility whatsoever for the content, accuracy or security of any websites that are linked (by way of hyperlink or otherwise).

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