The Government of Ontario has deemed the work CPAs do to be an essential service during this pandemic. Just as you continue to support your clients and communities, CPA Ontario will continue to support you while remaining steadfast in our commitment to protect the public interest.

To provide you with the most up to date and relevant information that addresses the global situation and the impact to our profession, CPA Ontario will continue to update the following library of resources. Bookmark this page and check-in frequently for new updates.

MOST READ AND NEW TO THIS PAGE

Key IFRS accounting considerations in preparing financial statements during COVID-19
Deloitte, June 16, 2020

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

Questions to ask under ASPE when assessing potential COVID-19 impacts on financial statements
CPA Canada, June 2020

Amendment to IFRS 16 Leases providing exemption for COVID-19 related rent concessions
IASB, May 28, 2020

AcSB articles on the implications of COVID-19 relating to IFRS, ASPE and Not-for-Profit Organizations’ accounting standards
AcSB, May 2020

Implications of COVID-19 on the annual financial statements of private enterprises
CPA Canada, March 2020 

A framework for entrepreneurs and investors to develop technology in a secure manner
World Economic Forum, June 25, 2020

Practical steps CFOs can take for the immediate, midterm and long term
Deloitte, June 9, 2020

Directors fiduciary duty in a pandemic: You need a protocol!
Norton Rose Fulbright, May 29, 2020

COVID-19 implications for audit committees
IFAC & Institute of Internal Auditors, May 26, 2020

Legislative changes allow Ontario corporations to operate virtually and electronically
Government of Ontario, May 22, 2020

Returning to the workplace after COVID-19: What Boards should be thinking about
PWC, May 2020

CRA soliciting tips from public regarding suspected abuse of CERB, CEWS and CESB
Canada Revenue Agency, June 1, 2020

Details on how to amend a previously submitted CEWS claim
Canada Revenue Agency, June 1, 2020

CPA Canada updates, webinar and resources on the federal government’s COVID-19 relief measures
CPA Canada, June 2020

The federal government’s COVID-19 economic response plan for individuals and businesses
Government of Canada, June 2020

Important changes to tax-filing and payment deadlines
Canada Revenue Agency, June 2020

FAQ on how CRA will ensure compliance with CEWS
Canada Revenue Agency, June 2020

FAQ on the requirement to return or repay the CERB
Canada Revenue Agency, June 2020

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

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

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

Key audit considerations related to the COVID-19 pandemic (PDF)
CPA Canada, May 2020

CSA and OSC’s COVID-19 updates relating to relief from regulatory filings and filing delays
The Canadian Securities Administrators and Ontario Securities Commission

COVID-19 audit considerations and insights
Canadian Public Accountability Board

Employer’s COVID-19 return to the workplace playbook
Osler, Hoskin & Harcourt LLP, June 18, 2020

Government of Ontario releases guide on how to develop a workplace safety plan
Government of Ontario, June 16, 2020

Reinventing the workplace with a two-gear approach
EY, June 12, 2020

Overview of the use of electronic signatures
Torys LLP, June 8, 2020

Government of Ontario gradually reopening province with a regional approach
Government of Ontario, June 8, 2020

Government of Ontario addresses temporary layoffs during the COVID-19 period
BLG, June 2, 2020

Small business continuity checklist: How to survive and thrive post COVID-19
IFAC, May 11, 2020

Practice Transformation Action Plan for small and medium sized entities
IFAC, May 2020

CPA Ontario is offering four new complimentary (CPD eligible) eLearning courses that will tackle the latest pandemic impacts on the profession.

• Update of Assurance Issues due to COVID-19
• Update of Compliance Matters and Planning Opportunities due to COVID-19
• Update of Tax and Government Assistance due to COVID-19
• Update of Financial Reporting Issues due to COVID-19

Additional complimentary webinars and podcasts

• CPA Canada podcast series: Practice management considerations in times of crisis
• IFAC: How small firms can evolve in the COVID-19 environment
• PCAOB: Webinar for audit committee members including auditing and inspecting audits in the COVID-19 environment
• IFAC: Weekly webinar series on audit quality considerations during the COVID-19 pandemic
• CPA Canada: COVID-19 implications on going concern assessments
• CPA Canada: COVID-19 and application of public sector accounting standards

How do you ensure wellbeing is at the core of workforce resilience?
EY, May 29, 2020

The Canadian Mental Health Association offers practical advice, articles and information to help you navigate through the pandemic
Canadian Mental Health Association, May 2020

Managing COVID-19 Financial Stress
Mental Health Commission of Canada, 2020

Practical workforce strategies that put your people first
Deloitte, 2020

Support for Students serving their communities and opportunities to gain paid work experience
Justin Trudeau, Prime Minister of Canada, June 25, 2020

Resources for parents and students during COVID-19
Government of Ontario, June 6, 2020

Suspension of Canada student loan repayments
Government of Canada, June 5, 2020