Welcome to the CPA Credit Crunch Resource.

Latest News     
FRC publishes revised guidance for directors on going concern assessments & disclosures       
New IFAC Publication Stresses The Need For Better Costing to Support Decision-Making
Example Reports by Auditors under Company Legislation in Ireland - June 2009
CPA Information Leaflet Released
Audit and Accounting Issues in the current Economic Climate - March 2009   
News Archive

Example Reports by Auditors under Company Legislation in Ireland - June 2009
CPA Information Leaflet Audit and Accounting Issues in the current Economic Climate March 2009
APB Bulletin - Going Concern issues during the current economic conditions
APB Bulletin - Audit issues when financial market conditions are difficult and credit facilities may be restricted   
IAASB Practice Alert - Challenges in auditing fair value accounting estimates in the current market environment
IAASB Practice Alert - Audit Considerations in respect of Going Concern in the current economic environment       
ISA (UK and Ireland) 570, Going Concern   
Sample Audit Reports           
ISA 540 (Revised and Redrafted), Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures, which was influenced by the changes in the credit markets during 2007. While not effective until audits of financial periods commencing on or after December 15, 2009, it includes guidance that is likely to be useful to auditors planning their 2008 engagements.

Surviving Redundancy, Where to Begin - Article

Accountancy Plus - Company directors-your responsibilites when faced with insolvency       
RYB - Taking action to address late payment   
RYB - Members' voluntary liquidations    
CPA/SFA Bulletin - Creditors guide to creditors meetings  
CPA/SFA Bulletin - 35 Best practice tips for more effective credit control