At a time when sustainable development is becoming more and more strategically important, the profession has a responsibility to do its part.
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CPA Québec

CPA NEWSLETTER

THE OFFICIAL VOICE OF THE ORDER

Sustainable development: the CPA difference

At a time when sustainable development is becoming more and more strategically important, the profession has a responsibility to do its part and engage CPAs in their role as agents of change. Determined to make a difference, the Order has formalized its commitments in a Sustainable development charter that will guide its actions in the coming years.

The first step in our 360° action plan is the brand new web page that we have just launched. If you are already convinced of your responsibility as a citizen but are wondering how you can make a difference as a CPA, you’ll find an array of resources that will contextualize the social and economic impact of sustainable development and give you the tools to advance organizations. Keep checking back because we will be adding to the page over time. You’ll see, it’s up to you to take matters into your own hands!
SEE WHAT THE ORDER PLANS TO DO FOR SUSTAINABLE DEVELOPMENT
 
FIND OUT HOW YOU CAN INVEST IN SUSTAINABLE DEVELOPMENT

NEWS

Professional inspection – 2020-2021 highlights

Bandeau professional inspection
 
See the main statistics and conclusions from the professional inspection’s report from the last year. Watch our fall newsletter for a full analysis of areas for improvement.
VIEW THE HIGHLIGHTS
 

Election to the Board of directors of the Order: Vote now!

Voting is now open in the Capitale-Nationale/Chaudière-Appalaches and Montreal electoral regions. Eligible members have received all the instructions needed to exercise their right to vote by 4:00 p.m. on June 16.
VOTE
 
ADD A REMINDER TO YOUR CALENDAR
 
Banner compulsory continuing education
 
 
Banner compulsory continuing education
 

EXPERT ADVICE AND RESOURCES

2020-2021 AFR filing for educational childcare services: administrative relief

The Ministère de la Famille is announcing administrative relief for educational childcare service providers who are unable to meet the June 30, 2021, deadline for filing the AFR for 2020-2021. The application of the administrative measures provided for in the budget rules for the 2020-2021 fiscal year has been pushed back three months.
 

Discover a wealth of new organizational management resources!

In the new “Organizational management” section of our website, under “Expert advice and resources,” you’ll find plenty of content on a variety of subjects, such as continuous improvement, human resources and information technologies.
EXPLORE OUR “ORGANIZATIONAL MANAGEMENT” SECTION
 

Quality management guidance resources

Want to know how to implement the changes required by the new quality management standards at both the firm and engagement levels and advise your teams on the subject? CPA Canada has resources to help.
READ THE BLOG
 
VIEW THE GUIDANCE RESOURCES
 

Cooperatives governed by the Cooperatives Act  – Types of reports to submit to the Ministère de l’Économie et de l’Innovation

New guidelines have been published by the Ministère regarding the reports that must be submitted with the financial statements of cooperatives.
CONSULT THE GUIDELINES
 

New audit reports for public and private institutions in the health network

Download the reports prepared by our working group on the health and social services network to be issued in 2021:
  • Rapport sur l’audit des états financiers des établissements privés 
  • Rapport sur l’audit des états financiers des établissements du secteur public et la Régie régionale de la santé et des services sociaux du Nunavik
  • Rapport sur les autres éléments relevés dans le cadre d'une mission d’audit
 

GST/HST in the digital economy: Quebec harmonization

The Ministère des Finances will make changes to the QST system to make it consistent with the amendments relating to electronic commerce proposed in the last federal budget. The Ministère is also proposing a simplification of the registration process for the general QST system for those affected by the new rules.
READ THE INFORMATION BULLETIN
 

Exposure Draft Disclosure Requirements in IFRS Standards – A Pilot Approach

The AcSB has issued an Exposure Draft that corresponds to the IASB’s Exposure Draft on the proposed amendments to IFRS 13 and IAS 19. Stakeholders are encouraged to submit their comments by October 21, 2021.
RESPOND TO THE AcSB EXPOSURE DRAFT

COVID-19

Canada recovery hiring program and extending business support measures

The federal government has announced that businesses will be able to access the recovery hiring program retroactively as of June 6, 2021. It has also issued a detailed explanation of the proposal to extend business support measures, such as the wage subsidy, rent subsidy and lockdown support, until September 25, 2021.
CANADA RECOVERY HIRING PROGRAM
 
EXTENDING BUSINESS SUPPORT MEASURES
 

CRA tax services and COVID-19 support issues

CPA Canada takes stock of recent and upcoming changes to the CRA and the feedback its representatives have provided.
READ THE BLOG
 
See the May 27 update for new technical interpretations on COVID-19 support issues published by the CRA.
BROWSE TAX NEWS
 

Amendments to IFRS 16 on COVID-19-related rent concessions: extension to June 30, 2022

IFRS 16 has been amended to extend the scope of the optional exemption for COVID-19-related rent concessions by one year. The amendments, as well as the amendments to the Basis for Conclusions, have been integrated into the CPA Canada Handbook – Accounting.
FIND OUT MORE ON THE IASB WEBSITE

PROTECTION OF THE PUBLIC

Legal notices

Notices of striking off the roll and temporary striking off the roll have been issued recently.
SEE THE NOTICES
NEWS
Discover more articles
 
EXPERT ADVICE AND RESOURCES
View all the published articles
 
YOUR FILE
View your file
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