COVID-19 public company audit implications: considerations for audit committees
The global COVID-19 pandemic continues to significantly impact Canadian reporting issuers and their auditors. The Canadian Public Accountability Board (CPAB) is focused on audit quality and protecting the investing public during this crisis. In coordination with the audit firms we regulate, the accounting profession, standard setters and other regulators in Canada and abroad, CPAB is actively identifying the challenges auditors are facing and providing our perspectives on key issues related to the performance of high-quality audits.