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Learn about the key findings from Chartered Professional Accountants of Canada (CPA Canada)’s study on the financial impact of adoption of the new leases standard by listed companies.
Get your downloadable electronic copy.
Canadian public companies with calendar year ends began applying a new accounting standard for leases in the first quarter of 2019. The highly anticipated new standard IFRS 16 Leases and its U.S. GAAP equivalent ASC 842, introduced a significantly different accounting model for leases.
It was expected to have a significant effect on many companies. CPA Canada conducted this study to better understand the impacts of the adoption of the new standard on the financial statements of Canadian companies.
It’s said that a crisis brings out the best in people and, in most cases, that’s true. But there is a dark side to tough times, as fraudsters prey on people who are uncertain and looking for easy answers.
March 18, 2020
The federal government’s actions and fiscal support to address the widespread and devastating economic fallout of the COVID-19 pandemic are welcomed by Chartered Professional Accountants of Canada (CPA Canada).
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.