Future Focus: Hot Topics


Lady working on a Macintosh computer

Is your company hiring gig economy workers? Then read this. (April 2019):

Freelancers, contractors, entrepreneurs, side hustlers—whatever you coin them, these workers are on the rise, riding the tide of a gig economy that’s impacting labour markets around the world. How you pay, tax and log these temporary workers could have financial implications.


money laundering

Anti-money laundering and other illegal and unethical conduct (April 2019):

Proposed changes to policy, legislation and regulations to improve Canada’s anti-money laundering and anti-terrorist financing (AML/ATF) regime may result in amended requirements for reporting entities with obligations under the AML/ATF.


Men with pen in hand looking at documents

Adoption of IFRS 16: Non-GAAP Financial Measures and Reserves Reporting Considerations (April 2019):

IFRS 16 represents a significant change in the way operating leases are accounted for by lessees, with significant impacts on balance sheet, income statement, and cash flow statement presentation and disclosure.

good business

Six CPAs living the Canadian ideal of good business (April 2019):

Good business in Canada is what we stand for as a profession. The Canadian Ideal of Good Business (CIoGB) is the higher purpose of the CPA profession. It speaks to the union of society and economy — a quintessentially Canadian value and trait. As CPAs, we embody the CIoGB in upholding our reputation for clarity, acumen, astute action and sound judgement. Watch how CPAs are continuously embracing change and leading the way for Canada by living the CIoGB, and embodying this spirit through their work. Watch our CPA Stories.


Insight and Analysis of the 2019 Federal Budget

(March 2019): Learn about the federal budget, including tax highlights, an insightful federal budget analysis piece as well as video interviews with CPA Canada experts.


A CPA's Introduction to AI: From Algorithms to Deep Learning - What You Need to Know

(February 2019): Learn the fundamentals of artificial intelligence (AI) in the first of a planned series of publications to explore AI and its impact on the CPA profession.



Big Data and Artificial Intelligence – The Future of Accounting and Finance

(February 2019): The potent combination of big data and artificial intelligence is set to transform the way we work. Learn more from a CPA’s perspective on how these distruptors may impact traditional accounting and finance roles.


The Future of Professionalism: Video Series

(February 2019): Against a backdrop of rapid change, CPAs are engaged in conversations about how to ensure that integrity, objectivity, and professional behaviour remain front and centre. Artificial intelligence, big data, the multi-generational workforce and international career mobility are just a few of the new realities facing CPAs and other professions. This video series features thoughts from leading academics and professionals recorded at a CPA Canada/University of Toronto symposium.

Guide: Reporting Implications of Canadian Auditing Standards (CAS), 3rd Edition

(February 2019): Take advantage of our reporting guide, which aims to promote consistency in the form and content of practitioners' reports by providing guidance with respect to commonly occurring reporting circumstances.


20 Questions Directors of Not-for-Profit Organizations Should Ask about Human Resources

(January 2019): This publication helps not-for-profits ensure their organization is well governed by directors with the right knowledge and experience, complemented with diverse viewpoints and fresh ideas.


On the Radar: The Business Impact of Environmental and Social Issues

(January 2019): The impacts of climate change and interconnectedness of issues present risks and opportunities that must be managed. Read about three trends with environmental and social implications that are already impacting businesses and capital markets.


Audit and Assurance in the Future

(November 2018): The world is going through a period of unprecedented change. The audit and assurance profession must innovate, collaborate, educate, adapt, and experiment to evolve and advance the audit going forward.


Auditor’s responses to assessed risks in audits of entities that hold crypto-assets

Canada members are telling us that traditional audit procedures may not provide appropriate audit evidence when auditing crypto-asset holdings and transactions. Auditors need to explore approaches to respond to risks in this emerging industry.


Spotlight on Alternative Data: Artificial Intelligence Has Entered the Field of Investing: What are the implications of reporting?

(September 2018): Learn about the various sources of alternative or non-traditional data investors are using and how they are leveraging artificial intelligence (AI) and other technologies to access and analyze this information.


Roundtable report: Positioning Canada to lead in a digital and data-driven economy

Canada needs an overarching framework for responsible data use, according to participants at CPA Canada's roundtable on the government's consultation on digital and data transformation. Read our report for additional ideas raised by business leaders.

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