Canada’s Wage and Rent Subsidy Programs - 5 CEWS/CERS common error and audit tips

Course Description
Course Qualification
Presenter
FAQ

Course Description

This CPD course is for Canadian CPAs only!

As a business, charity, or non-profit in Canada that has been affected by the COVID-19 pandemic, you may be eligible for one or more subsidies to cover part of your wage and rent expenses.

Did you take advantage of the Canadian COVID Relief Programs?

In response to the COVID-19 pandemic, the Canadian Government introduced the Canada Emergency Wage Subsidy (CEWS). It subsidizes a portion of an employee’s wages to eligible employers. The purpose of the CEWS is to allow employers to maintain their employees on the payroll during the pandemic, prevent job loss, and create new employment opportunities.

CERS is a new program to support Canadian businesses affected by the COVID-19 pandemic and replaces the now-expired Canadian Emergency Commercial Rent Assistance (CECRA) program. CERS will provide rent support directly to tenants.

Canada Revenue Agency is starting to audit these claims. With the help of this CPD webinar, learn about the main areas where claimants made errors and tips to navigate the audits effectively.

Learning Objectives

To inspect CRA’s approach to verifying COVID Relief Program claims.
To analyze data and documentation that will be examined.
To review the main errors and mistakes that CRA will focus on.
To discuss the tips for navigating the audits with CRA.

Recommended For

This CPD Webinar is recommended for Canadian CPAs and other professionals who want to understand Canada’s wage and rent subsidy programs.

Who Should Attend?

Auditors
Certified Fraud Examiner
Certified Management Accountant (CMA)
Certified Public Accountant (CPA)
Chartered Financial Analyst
CPA (Industry)
CPA - Mid Size Firm
CPA - Small Firm
Fraud Examiner
Young CPA

Course Qualification

Webinar Qualifies For

1 CPD Credit of Business Law for Chartered Professional Accountant (CPA Canada)
1 General Credit for Accountant/Bookeeper
1 CPE Credit of Business Law for Certified Fraud Examiner (CFE)
1 CPE Credit for Certified Internal Auditors (CIA)
1 CPE Credit for Certified Management Accountants (CMA)
1 PL Credit for Chartered Financial Analyst (CFA)
1 CPE Credit for Internal Audit Practitioner (IAP)
1 CPE Credit for Qualification in Internal Audit Leadership (QIAL)
1 PL Credit for Certificate In Investment Performance Measurement (CIPM)

Additional details

Course Level :

Basic
Credits :

1
Instructional Method :

Group Internet Based
Pre-requisites :

None
Advance Preparation :

None

Presenter

About Presenter

Boutaina Laraqui

Sr.Consultant, BDO Canada LLP

Boutaina is a senior consultant with BDO Canada’s Indirect Tax Controversy team helping clients navigate complex and challenging assessments and audits with the tax authorities. Boutaina has specialized in tax litigation for more than 7 years and is committed to defending the rights of the taxpayers.

Boutaina was sworn in as a lawyer in September 2021 and is currently completing her Master’s degree in Tax at Sherbrooke University.

About Company

BDO Canada LLP

www.bdo.ca

What grew to be a leading provider of professional services to clients across Canada and beyond started as a single entrepreneur with a dream. BDO knows the challenges small businesses face, the growing pains of the mid-market, and what it means to become an enterprise, because that’s how the firm transformed over the last 100+ years.

Our teams deliver a comprehensive range of assurance, accounting, tax, and advisory services, complemented by emerging technology savvy, deep industry sector knowledge, and an understanding of the needs of local communities. As Canadian markets shifted over time, we adapted and evolved with them—offering a breadth of services to support the ever-expanding business landscape.

After years of national and international growth, our global BDO network positions us to provide consistent cross-border services to clients with global needs. With over 90,000 people working out of more than 1,600 offices in over 160 countries, the network generates worldwide revenue approaching $10.3 billion.

Our people-first approach to our talent experience has earned us multiple awards, including a spot among Canada’s Top 100 Employers for 2022

About Presenter

Brian Morcombe

Account Executive, BDO Canada LLP

Brian has more than 24 years’ experience providing indirect tax solutions, including GST/HST, QST and PST support to non-resident and resident manufacturers, distributors, charities, financial institutions, municipalities, universities/colleges, schools and hospitals to name a few. He also works with clients on resolving WSIB/WCB and EHT issues.

Brian specializes in assisting non-resident clients with Canadian sales and payroll tax issues.

Brian has authored many articles on indirect taxation and regularly presents as part of international conferences on taxation.

Outside of the office, Brian is a pilot and Juno-nominated professional musician that made the Grammy Ballot in the USA and won the prestigious Parents’ Choice Award in the USA.

About Company

BDO Canada LLP

www.bdo.ca

Our people-first approach to our talent experience has earned us multiple awards, including a spot among Canada’s Top 100 Employers for 2022

About Presenter

Christiane Maurice

Senior Manager, BDO Canada LLP

Christiane leads BDO Canada’s Indirect Tax Controversy practice which is focused on helping clients address complicated assessments and audits with the tax authorities. With close to 20 years of experience in tax, she has an in-depth knowledge of the law

Christiane works with tax authorities to ensure fair and equal treatment with respect to the taxpayer's rights and obligations. She assisted businesses with the Covid-19 Relief program claims and, with audits of these claims taking center stage, Christiane works closely with clients and the tax authorities to achieve fair and equitable outcomes. Christiane is also teaches the Commodity Tax condensed Masters program at Sherbrooke University and is a regular co-organizer of the Laval University Tax Symposium.

About Company

BDO Canada LLP

www.bdo.ca

Our people-first approach to our talent experience has earned us multiple awards, including a spot among Canada’s Top 100 Employers for 2022

Faq

FAQs content

To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.