Skip to main content

Beginning of Main Content

Ontario’s CPAs bring nuanced thinking and appropriate solutions to the pandemic-related issues that create challenges for the province’s business landscape and economy.

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.

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 industry, in public practice, retired or volunteering. Reach an advisor by email: [email protected];  or phone: 416 204.3106 or 1 800 387.0735 x4456.

AUDIT AND REGULATORY

CPAB audit quality insights report: 2020 annual audit quality assessments
Canadian Public Accountability Board

Canadian Securities Regulators publish findings of covid-19 disclosure review
The Canadian Securities Administrators, February 25, 2021

Covid-19 year-end reminders for auditors: Q&A with Canada’s audit regulator
CPA Canada, February 23, 2021

Professional skepticism: Advice for remote audits
CPA Canada, February 11, 2021

Auditing government assistance: Are you prepared?
CPA Canada, December 3, 2020

PCAOB staff observations and reminders during the covid-19 Pandemic
Public Company Accounting Oversight Board, December 2020

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

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

Covid-19 audit considerations and insights
Canadian Public Accountability Board

CORPORATE GOVERNANCE AND ETHICS

Five ethics challenges that will intensify as the pandemic wanes
International Ethics Standards Board for Accountants and National Standard Setters, May 10, 2021

Ethics and independence considerations relating to covid-19
CPA Ontario

Ethical and auditing implications arising from Government-backed covid-19 business support schemes
International Ethics Standards Board for Accountants and Financial Reporting Council

Cyber risk management guidance for Canadian corporate directors
Borden Ladner Gervais LLP, March 23, 2021

Covid-19 and evolving risks for money laundering, terrorist financing and cybercrime
International Ethics Standards Board for Accountants and CPA Canada, December 2020

Navigating the heightened risks of fraud and other illicit activities during the covid-19 pandemic
International Ethics Standards Board for Accountants, International Auditing and Assurance Standards Board and South African Independent Regulatory Board for Auditors, December 2020

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).