COVID-19 Resources from IFAC's Network
Coronavirus (COVID-19) is presenting unexpected and extreme challenges for organizations of all sizes and sectors across the world. It is quickly changing how entities operate and how individuals live and work. As a knowledge convener, IFAC has developed this dedicated web page with essential resources, guidance and advice from our professional accountancy organizations (PAOs) and other stakeholders.
Our goal is to help organizations and individuals demonstrate the agility to adjust, innovate and manage this rapidly evolving situation. We will continue to build and curate the page in a way that we believe best meets your needs.
NEW: We have developed dedicated web pages focused on audit (includes audit evidence, auditing accounting estimates, auditor reporting and subsequent events etc.) and financial reporting (includes going concern, fair value measurement and impairment, lease accounting and hedge accounting etc.), which provide a summary of the key challenges and implications from Covid-19 and highlights various relevant resources which are available under each topic.
We have also connected with our PAOs to facilitate the sharing of information about their online continuing professional development (CPD) resources at IFAC.org, for use by member organizations for their members. We have developed an Online CPD Services for PAOs resource page with materials, links and contact details for more information.
As of today, topic areas are: Audit, Ethics & Independence, Financial Reporting, Business Continuity & Recovery, Professional & Personal Wellness, General Information (this section houses member organizations' Covid-19 hubs and standard-setting board pages), Gateway Articles (these will be cross-referenced in the topic segments, where appropriate). We want to continue to help build and maintain a robust and fully functioning global accountancy profession today—and in the future.
Audit, Ethics & Independence
July 1, 2020 | ICAEW
Summary of Covid-19 Audit Considerations
June 3, 2020
IAASB Staff Audit Practive Alert: Auditor Reporting
May 22, 2020 | IAASB
COVID-19: Ethics & Independence Considerations
April 29, 2020 | IESBA
IAASB Staff Audit Practice Alert: Subsequent Events
May 15, 2020 | IAASB
COVID-19: Key Audit Considerations and Resources
May 29, 2020 | CPA Canada
ACCA Launches COVID-19 Audit Impact Report
May 21, 2020 | ACCA
The Audit Committee Checklist for COVID-19
May 5, 2020 | AICPA
IAASB Staff Audit Practice Alert: Going Concern
May 1, 2020 | IAASB
What Audit Committees Need to Consider in the Face of Uncertainty
April 30, 2020 | EY
IAASB Staff Alert for Auditors During the Coronavirus Pandemic
March 27, 2020 | IAASB
Audit Matters and Auditor Reporting Issues Related to COVID‐19
April 9, 2020 | AICPA
Pandemic Places Accounting, Auditing Rules in Flux
April 30, 2020 | Journal of Accountancy
Why Audit Committees Are So Important During the COVID-19 Crisis
April 20, 2020 | NACD
ICAEW: Coronavirus Considerations for Auditors
April 7, 2020 | ICAEW
ICAP: The Impact of COVID-19 on Audit
April 14, 2020 | ICAP
Risky Business: Conducting Remote Audits in Uncertain Times
April 7, 2020 | AICPA
Remote Auditing During COVID-19
April 8, 2020 | AICPA
What Are the Relevant Going Concern Considerations?
April 6, 2020 | KPMG
COVID-19: Considerations for Inventory Audit Testing
April 6, 2020 | ICAEW
Coronavirus, Stocktake Attendance and the Auditor’s Report
April 3, 2020 | ICAEW
The IIA Covid-19 Resource Exchange
March 26, 2020 | Institute of Internal Auditors
HKICPA: Impact of Coronavirus Outbreak on Audits and Auditors
March 25, 2020 | HKICPA
Coronavirus Considerations for Group Audit
March 13, 2020 | ICAEW
Impacts of COVID-19 on Reporting Entities and Auditors
March 19, 2020 | CPA Australia
Coronavirus: How Should SAIs Respond?
April 14, 2020 | INTOSAI
COVID-19 – Guidance on Financial Reporting and Auditing Issues
April 14, 2020 | IDW
Financial Reporting
Impairment of Assets in the Context of COVID-19
June 12, 2020 | ICAEW
Focus on the Auditor’s Risk Assessment
June 11, 2020 | Center for Audit Quality
COVID-19: The Perfect Fraud and Corruption Storm
April 30, 2020 | KPMG
COVID-19: IPSASB Working with You to Maintain Strong PFM
April 8, 2020 | IPASAB
Preparation of Financial Statements under the COVID-19 Circumstances
April 23, 2020 | ICAP
PwC In Depth: A Look at Current Financial Reporting Issues
April 13, 2020 | PwC
COVID-19 | Financial Reporting
April 13, 2020 | KPMG
COVID-19 Disrupts Financial Reporting
April 14, 2020 | Moss Adams
PwC: Accounting Implications of the Effects of Coronavirus
April 8, 2020 | PwC
COVID-19 – Guidance on Financial Reporting and Auditing Issues
April 14, 2020 | IDW
Grant Thornton: Expatriate Tax Implications from COVID-19
March 25, 2020 | Grant Thornton
COVID-19: Financial Reporting and Disclosures
April 3, 2020 | Grant Thornton
PWC: Coronavirus - Accounting Considerations for Your Business
April 6, 2020 | PwC
Reporting the Impact of COVID-19
April 6, 2020 | Grant Thornton
Impacts of COVID-19 on Reporting Entities and Auditors
March 19, 2020 | CPA Australia
COVID-19: How Is Hedge Accounting Impacted?
April 6, 2020 | KPMG
Are Fair Values Appropriately Determined?
April 1, 2020 | KPMG
How Might Capitalisation of Borrowing Costs be Affected?
April 2, 2020 | KPMG
COVID-19: Does a Contract Still Meet the Own Use Exemption?
April 8, 2020 | KPMG
The Financial Reporting Implications of COVID-19
April 13, 2020
Business Continuity & Recovery
Small Business Continuity Checklist
May 11, 2020
Digitisation and the Global Pandemic
August 10, 2020 | ACCA
Coronavirus: Introducing Reverse Stress Testing
July 24, 2020 | ICAEW
From Recovery to Resilience in the Wake of COVID-19
July 16, 2020 | OECD
June 19, 2020 | ICAEW
Roadmap to Recovery Podcast Series
June 12, 2020 | CPA Australia
Why All Businesses Should Reverse Stress Test
June 18, 2020 | ICAEW
Coronacrisis: Actions for the Public Sector
June 9, 2020 | Accountancy Europe
Combating COVID-19 with Resilience
May 21, 2020 | Deloitte
PwC’s COVID-19 CFO Pulse Survey
May 6, 2020 | PwC
Protect Yourself from Phishing Attacks
May 4, 2020 | ICAEW
EY: COVID-19 Enterprise Resilience Checklist
April 30, 2020 | EY
Cybersecurity Is Critical for all Organizations – Large and Small
November 4, 2019
Crisis with a Legacy: Can We Build Something Better?
May 1, 2020 | ICAEW
Budget Forecasting in the COVID-19 Era
May 1, 2020 | CPA Australia
A Business Toolkit to Tackle the Coronavirus Crisis
May 1, 2020 | ICAEW
Boards in the Time of Coronavirus
May 1, 2020 | McKinsey&Company
Public Integrity for an Effective COVID-19 Response and Recovery
April 30, 2020 | OECD
Covid-19 Global Survey: Inside Business- Impacts and Responses
April 28, 2020 | ACCA
Accountants Helping SMEs During Coronavirus
April 14, 2020 | Accountancy Europe
COVID-19 Enterprise Resilience Framework
April 6, 2020 | EY
Five Steps for Business Continuity Amid COVID-19
March 27, 2020 | AICPA
COVID-19: Confidently Navigate Through the Coronavirus Crisis
April 6, 2020 | PwC
COVID-19: How Firms Can Protect Their Workforce, Operations and Values
April 22, 2020 | EY
UK Practical Business Advice: COVID-19
March 23, 2020 | ICAEW
Coronavirus: 4 Tips to Work Remotely
March 16, 2020 | CIMA
IMF: Policy Responses to COVID-19
April 1, 2020 | IMF
COVID-19: Implications for Business
March 19, 2020 | McKinsey&Company
What Boards Can do to Confront the Coronavirus
March 19, 2020 | Financial Management
A Guide to Managing Your (Newly) Remote Workers
March 30, 2020 | Harvard Business Review
Tips for Making Virtual Connections Work for You
March 24, 2020
Ibero-American PAO Response to COVID-19
March 31, 2020
Professional & Personal Wellness
Understanding Mental Health in Accountancy Teams
January 6, 2021 | ICAEW
The Four Skills Remote Managers Should Focus On
June 11, 2020 | ICAEW
COVID-19: How to Start Looking Forward with Hope
April 27, 2020 | EY
April 21, 2020 | ACCA
Tackling Physical and Mental Health Issues During Lockdown
April 9, 2020 | ICAEW
Four Ways to Help Your Clients Get Through Coronavirus Anxiety
April 2, 2020 | AICPA
Deloitte Podcast: Managing Stress, Special COVID-19 Edition
April 2, 2020 | Deloitte
Coursera Together: Free Online Learning During COVID-19
March 27, 2020 | Coursera
We Have to Address Mental Health—Especially Now
March 30, 2020
General Information
The Impact of COVID-19 on the Finance Function
February 11, 2021 | Institute of Management Accountants
Sustainable Public Finances Through Covid-19
July 30, 2020 | ACCA
Informality and Social Inclusion in the Times of COVID-19
July 30, 2020 | OECD-LAC
Coronavirus Global Outlook: After the Outbreak
June 11, 2020 | ICAEW
ICAS Insights: Coronavirus and Its Impact on the Global Economy
June 11, 2020 | ICAS
COVID-19 Financial Literacy Resources
June 5, 2020 | CPA Canada
Why Accountancy Matters in a Crisis
June 9, 2020 | ICAS
COVID-19: Ethics & Independence Considerations
April 29, 2020 | IESBA
May 21, 2020 | ISCA
ONECCA-Senegal: COVID-19 Resources
May 22, 2020 | ONECCA
COVID-19 – CPA Information Centre
May 13, 2020 | HKICPA
May 11, 2020 | CNDCEC
How to Define and Respond to Fraud Risk During COVID-19
April 30, 2020 | Grant Thornton
COVID-19: Control Environment Considerations
April 30, 2020 | Deloitte
10 Agile Ways Treasuries Can Respond to the Coronavirus
April 30, 2020 | World Bank
CPA Canada: COVID-19 Information Resources
April 27, 2020 | CPA Canada
April 23, 2020 | ICAN
April 22, 2020 | IMF
Economic Impact of Covid-19 and the Policy Response
April 21, 2020 | ACCA
CECCAR: COVID-19 Resource Center
April 22, 2020 | CECCAR
Responding to COVID-19: Insight, Support and Guidance
April 9, 2020 | CIPFA
ICAEW: Coronavirus Resource Hub
April 7, 2020 | ICAEW
April 7, 2020 | ISCA
April 8, 2020 | Malaysian Institute of Accountants
ACCA: Advice from the Front Line
April 6, 2020 | ACCA
April 8, 2020 | Center for Audit Quality
IKM Albania: Informacion COVID-19
April 6, 2020 | IKM Albania
ACCA Call to Action as 80% Expect ‘Significant Downturn’
April 9, 2020 | ACCA
April 6, 2020 | SAICA
COVID-19: CIMA 14-Day Challenge
April 8, 2020 | CIMA
April 6, 2020 | Institute of Chartered Accountant of Pakistan
BICA: Covid-19 Implications on the Profession
April 6, 2020 | BICA
March 30, 2020 | SCAAK
CPA Australia: COVID-19 Information & Support
March 30, 2020 | CPA Australia
March 30, 2020 | ICAS
March 27, 2020 | IDW
CPA Ireland: Covid19 Business Resources
March 25, 2020 | CPA Ireland
March 19, 2020 | CPA Canada
March 25, 2020 | Institute of Chartered Accountants of India
AICPA Coronavirus Resource Center
March 20, 2020 | AICPA
April 7, 2020 | Institute of Indonesia Chartered Accountants
Moore Global: Coronavirus Resource Hub
April 7, 2020 | Moore Global
Business at OECD: Trade Policy Response to COVID-19:
April 7, 2020 | OECD
NACD: Responding to the COVID-19 Crisis
March 30, 2020 | NACD
March 26, 2020 | Crowe
COVID-19: Joint Actions to Win the War
March 25, 2020 | OECD
Coronavirus: Business Must Be A Player, Not a Spectator
March 19, 2020 | Edelman
Business at OECD Covid-19 Special Webpage
March 31, 2020 | Business at OECD
May 1, 2020 | SRO AAS Russia
Gateway Articles

January 13, 2021 | Rachel Bleetman

August 5, 2020 | Alta Prinsloo

July 30, 2020 | Patrick Kabuya

June 3, 2020 | Christopher Arnold, Stathis Gould

July 1, 2020 | Mona El-Chami, MBA, CPA, CIA, Gabriella Kusz MBA, MPP, CPA, CGMA

June 23, 2020 | Maria Chuvasheva, Ruslana Kuzina

May 4, 2020 | Stathis Gould, Laura Leka

May 1, 2020 | Monica Foerster, Johnny Yong

May 4, 2020 | Manuel Arias

April 17, 2020 | Maria Chuvasheva, Jelena Misita

April 15, 2020 | Sarah Gagnon, Darlene Nzorubara

April 20, 2020 | Adrian Lim

April 14, 2020 | Adrian Lim

April 1, 2020 | Linda Lach, Darlene Nzorubara

March 24, 2020 | Joseph Bryson

March 30, 2020 | Stathis Gould, Christopher Arnold

March 25, 2020 | Manuel Arias

March 30, 2020 | Sarah Gagnon, Darlene Nzorubara

April 1, 2020 | Maria Chuvasheva, Jelena Misita

April 1, 2020 | Maria Chuvasheva, Jelena Misita

April 1, 2020 | Manuel Arias

May 1, 2020 | Monica Foerster, Johnny Yong
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