June 2020 CPA Profession Tools and Resources

June 2020 Tools and Resources 850 x 567

Extended Income Tax Filing and Payment Deadlines: CRA and COVID-19 
The Canada Revenue Agency (CRA), understands the impact that COVID-19 has had on Canadian businesses and tax preparers. To support them during this difficult time, some of the filing deadlines for corporations and trusts have been extended to September 1, 2020. Learn more.

Update on Canada Emergency Wage Subsidy (CEWS) 
A new webinar recording provides additional updates on the CEWS now that the federal government has passed Bill C-14: A second Act respecting certain measures in response to COVID-19. Learn more. 

COVID-19 Tax Update: CEWS, Employee Expenses and Benefits, Deadline Extensions 
What’s the latest news on the Canada Emergency Wage Subsidy (CEWS) and other COVID-19 related tax issues? Read our round-up of key developments that you should know about. Learn more.  

FREE: COVID-19: Special Edition Practitioner’s Pulse: On Demand 
Listen to this special edition Practitioner’s Pulse webinar where we answer some frequently asked questions around practice management issues and some key financial reporting and auditing implications of COVID-19. Learn more.  

ASNPO Alert: Subsequent Events and Other Considerations Related to COVID-19

Learn about whether not-for-profit organizations applying Accounting Standards for Not-for-Profit Organizations (ASNPO) in Part III of the CPA Canada Handbook – Accounting (Handbook) should adjust annual financial statements issued in 2020 for the effects of COVID-19. Learn more. 

ASPE Alert: Subsequent Events and Other Considerations Related to COVID-19 
Learn about whether companies applying Accounting Standards for Private Enterprises (ASPE) in Part II of the CPA Canada Handbook – Accounting (Handbook) should adjust annual financial statements issued in 2020 for the effects of COVID-19. Learn more. 

Assisting Clients with Government Subsidy Applications - Reminder for Practitioners 
During these challenging times of COVID-19, both federal and provincial governments are helping individuals, businesses, not-for-profit organizations, and other enterprises through several grant and subsidy programs. Learn more. 

CPA Professional Liability Plan Article for Practitioners 
Learn more about CPA Professional Liability Plan for practitioners