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News from the Canada Revenue Agency UPDATED February 27, 2020
Public Practice - Key Dates for 2019/20
New Provincial Practitioner Discussion Forum
Are you a public practitioner looking for a venue to discuss accounting or auditing issues related to COVID-19?

The Member Advice and Programs team at CPABC is organizing a new Provincial Practitioner Discussion Forum for members to help each other deal with the impact of COVID-19 on financial reporting. This forum will meet periodically online during the epidemic to discuss guidance published by CPA Canada. This forum is open to all licensed practitioners in BC. Interested members can sign up by emailing ProfessionalAdvisory@bccpa.ca.
New Compilation Standard Approved
The Auditing and Assurance Standards Board has approved a new Canadian Standard on Related Services (CSRS) 4200, Compilation Engagements. CSRS 4200 will replace Section 9200, Compilation Engagements, and Assurance and Related Services Guideline (AuG) 5, Compilation Engagements – Financial Statement Disclosures.

CSRS 4200 is effective for compiled financial information for periods ending on or after December 14, 2021. The final material is expected to be issued into the CPA Canada Handbook in February 2020.