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The profession as enthusiastic and innovative as ever
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Held in a 100% virtual format for the first time ever, this year’s Annual General Meeting brought together a record number of members from across Quebec and even abroad. This meeting provided the perfect opportunity to present the review of a historical year, one based on resilience and agility.
Take stock of all of the Order’s achievements in 2019-2020 and see where the driving forces of the profession will lead in the current period.
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A decision that does some good: annual dues frozen for another year!
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At the closing of the Annual General Meeting and the consultation on dues, the Board formalized the dues freeze for a second consecutive year. For 2021-2022, the dues of the members of the Order will, therefore, remain unchanged from 2019-2020 and 2020-2021.
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2020 CFE: Show of solidarity for the future of the profession
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The Common Final Examination was held on September 9, 10, and 11. No fewer than 475 volunteers and employees of the Order came together to ensure that this critical exam was held in a safe environment that set the tone for success. Thanks to their outstanding work, the CFE was conducted smoothly in a number of hotels across the province, in accordance with the safety measures in place.
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A heartfelt thank you to all of the volunteers who generously gave of their time to contribute to the success of the next generation of CPAs and congratulations to all of the candidates for the profession who took on the challenge!
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Extension of telework for the Order’s teams
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Committed to the health and safety of our employees and their loved ones, we’ve decided to maintain the telework policy in place until January 2021. All our teams will continue to provide all of our services remotely. We remain just as available to help you and invite you to contact us if you have any questions or comments.
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Survey | Digital transformation: Impacts of COVID-19
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For many of you, the pandemic has certainly proved to be a change accelerator and provided a chance to review your practices. To take the pulse and assess your level of digital transformation and that or your organization, we invite you to complete a short survey.
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EXPERT ADVICE AND RESOURCES
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Free conference | The Canada Emergency Wage Subsidy: What’s what?
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The application criteria for the CEWS continue to be complex. Learn more about the claim process as well as the verification conducted by the tax authorities on the amounts claimed.
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ASPE Exposure draft: Recognition of COVID-19-Related Lease Concessions
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Numerous enterprises are currently benefitting from rent concessions granted within the context of COVID-19. The guidance related to the accounting treatment for changes to an existing lease, which are found in Section 3065, “Leases”, may represent a daunting task. The AcSB proposes changes to Section 3065 to provide relief for both lessees and lessors regarding such concessions. The proposals notably contain examples of journal entries for the lessee and lessor.
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Free Webinar | Understanding your client: COVID-19 implications for internal controls
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Numerous entities have had to respond to COVID-19 by providing remote work arrangements and redeploying their resources and personnel. What changes and challenges must auditors face in terms of understanding and evaluating the internal controls of their clients? Representatives from the AASB, CPAB, and BDO will share their perspectives with you during this one-hour webinar.
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Meal expenses: CRA increases the eligible amount from $17 to $23
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The increases of the flat rate amount for meal claims and the reasonable amount for meal benefits and allowances are effective immediately and retroactive to January 1, 2020.
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Survey | Preparing future-oriented financial information
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Are you a practitioner that assists entities in preparing future-oriented financial information, such as budgets, forecasts or projections? The AASB wants to hear about the environment in which such services are provided and the challenges you face.
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The Public Sector Accounting Board: CPAs needed
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Do you have the public interest at heart and want to take part in establishing accounting standards for the Canadian sector? The Accounting Standards Oversight Council is seeking new members to join the Public Sector Accounting Board.
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Expert advice and resources
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This email was sent by the Quebec CPA Order.
5, Place Ville Marie, bureau 800
Montréal (Québec) H3B 2G2
T. 514 288-3256 1 800 363-4688
You have received this email because it is a communication concerning the requirements of members of the Quebec CPA Order and/or candidates for the practice of the profession. For that reason, you cannot unsubscribe from this communication.
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