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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.

WORKFORCE RECOVERY

Five things companies should be thinking about next
Canadian Business Resilience Network, November 19, 2020

UPDATED COVID-19: Implications for business
McKinsey & Company, November 18, 2020

Upcoming Webinar: Supporting local business is essential to our economy and communities
Canadian Business Resilience Network, November 12, 2020

Five ways to build a more secure business today
Canadian Business Resilience Network, November 11, 2020

How to move your corporate purpose from ambition to action
EY, November 10, 2020

Ontario proposes new bill to provide COVID-19 liability protection
Blakes Cassels & Graydon LLP, October 30, 2020

How to prepare for the financing of your company
Osler, Hoskin & Harcourt LLP, October 28, 2020

M&A considerations for companies in financial distress
Blakes Cassels & Graydon LLP, October 21, 2020

Business continuity in a crisis: COVID-19 challenges
CPA Canada

AUDIT AND REGULATORY

Audit and Assurance Alert: SOC 1 and SOC 2 issues arising from COVID-19
CPA Canada

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

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

CORPORATE GOVERNANCE

Providing business guidance: COVID-19 issues
CPA Canada, November, 2020

Avoiding fraud and identity theft in times of crisis
CPA Canada, November, 2020

Ontario Courts consider force majeure clause in the context of COVID-19
Blakes Cassels & Graydon LLP, November 2, 2020

Ontario extends temporary suspension period to allow virtual AGMs for companies
Blakes Cassels & Graydon LLP, October 23, 2020

CBA’s Small Business Cyber Security Toolkit
Canadian Bankers Association, October 15, 2020

COVID-19 and Reporting: Resources, action, the future – a look forward
Financial Reporting Council, October 15, 2020

Podcast: COVID-19 lessons for not-for-profits
Journal of Accountancy, October 14, 2020

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: [email protected]; 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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