Skip to main content


AASB COVID-19 Resources

The Auditing and Assurance Standards Board (AASB) is committed to helping our stakeholders address auditing challenges during this unprecedented time.

The resources we develop and listed here will answer key questions, reference other helpful resources, and assist to provide direction whenever possible.


Contact us anytime through our online form.

COVID-19: CPA Canada resources related to reporting and audit

CPA Canada, has compiled a summary of resources to help you understand the potential financial reporting, audit and practice management implications of the COVID-19 pandemic.

Bookmark this page

Canadian Auditing Standards (CASs)

January 25, 2021
Close Call Going Concern Assessments

Did you conclude that your company did not have material uncertainties associated with its ability to continue as a going concern? Would small changes to the assumptions you used change that assessment? Read this joint resource issued by the AcSB and AASB on accounting and auditing considerations relating to close call going concern assessments.

July 31, 2020
Webinar – COVID-19 Implications for Internal Controls

Jointly presented by the AASB, CPAB, CPA Canada, and BDO, this webinar will explore audit challenges in understanding and evaluating internal controls as a result of COVID-19 and related changes to clients’ operations. Webinars will take place on August 11, 2020 (English) and August 12, 2020 (French). Register today!

June 25, 2020
IFAC Webinars – Practical Audit Considerations in the Pandemic 

Check out IFAC’s Weekly Webinar Series – ‘Practical Audit Quality Considerations for Auditing in the Pandemic Environment - Planning, Execution, Auditor Reporting and Looking Ahead.' Events start on Thursday, July 9, 2020!

May 28, 2020
IAASB issues COVID-19 resource on auditor reporting

The IAASB issued guidance on auditor reporting in light of the changing environment due to the COVID-19 pandemic, including: modifications to the auditor’s opinion, material uncertainty relating to going concern; inclusion of key audit matters and/or emphasis of matter paragraphs, reporting implications for interim review engagements, and other issues.

May 21, 2020
IAASB issues COVID-19 resource on subsequent events

The International Auditing and Assurance Standards Board (IAASB) issued guidance on auditor considerations relating to subsequent events in light of the changing environment due to the COVID-19 pandemic. Auditors will likely require greater focus on events occurring between the date of the financial statements and the date of the auditor’s report (subsequent events) and the effect, if any, on the entity’s financial statements.

May 18, 2020
IAASB releases revised work plan table for 2020-2021

To account for COVID-19’s impact on the IAASB’s work, its staff capacity to deliver, and the capacity of the IAASB’s stakeholders to participate in consultations and to implement new standards, the IAASB has reconsidered the timelines for its projects in 2020.

May 6, 2020
IAASB issues COVID-19 resources

The International Auditing and Assurance Standards Board (IAASB) issued guidance on general audit considerations, and specific considerations relating to going concern in light of the changing environment due to the COVID-19 pandemic. 

May 6, 2020
Webinar – COVID-19 implications on going concern assessments

Jointly presented by the AASB, CPA Canada and CPAB, this webinar explores considerations related to COVID-19 that could impact going concern assessments. Now available to view on-demand. Watch it today!