Coronavirus Archives - Clearline Consulting

COVID-19: Public Practice Survey

Clearline ConsultingJune 8, 2020ResourcesCoronavirus, COVID-19, CPA, CPA Firm, public practice, public practitioner, SurveyLeave a comment

The uncertainty regarding the economic impact of the corona virus and government’s response to the disease has impacted all public practice firms both large and small. What many of us are wondering is whether our experience has been typical of what other firms have seen? Also, we are sure that many of you would like … Continue reading “COVID-19: Public Practice Survey”

Accounting and Assurance Implications of the COVID-19 Crisis

Clearline ConsultingApril 6, 2020August 5, 2020Accounting, ASNPO, ASPE, CSRE 2400, ResourcesCoronavirus, COVID-19, Financial Reporting, Financial Statements, Going Concern, Sample Note Disclosures, Subsequent Events, TemplateLeave a comment

Soon after this crisis broke out in Canada, there been a lot of talk about the accounting and assurance implications of the COVID-19. These include financial reporting considerations such as subsequent events and going concern notes, disclosure of risks from financial instrument, as well as measurement of financial and non-financial assets. The impact is not … Continue reading “Accounting and Assurance Implications of the COVID-19 Crisis”

“Get Ready”: How BC Firms can Prepare for and Respond to the Coronavirus Outbreak

Clearline ConsultingMarch 12, 2020March 13, 2020ResourcesCorona Virus, Coronavirus, COVID-19, PolicyLeave a comment

The rapidly escalating nature of the global COVID-19 pandemic poses a challenge unlike many of us have experienced in our lifetime. If your Firm hasn’t realized it by now, you need to assume the effects of this virus will be on your doorsteps within a matter of days (if not hours). While it is certainly … Continue reading ““Get Ready”: How BC Firms can Prepare for and Respond to the Coronavirus Outbreak”

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