Assurance and Related Services Standards (other than CASs)
AASB 2015-2016 Annual Report – Looking to the Future
September 8, 2016. This year’s Annual Report includes Cathy MacGregor’s final message as our Chair. Her message underlines the commitment and efforts put into developing our next strategic plan, as well as providing an overview of the past year’s accomplishments.
IAASB Discussion Paper – Supporting Credibility and Trust in Emerging Forms of External Reporting
August 31, 2016. The IAASB has released a Discussion Paper exploring factors that can enhance credibility and trust in emerging forms of external reports. The paper discusses key challenges and the type of guidance that might support these engagements. Canadian stakeholders are encouraged to provide their comments to the IAASB by December 15, 2016.
Message from the Chair – Change to the Effective Date of Section 7170
August 26, 2016. Our Chair, Darrell Jensen, explains a change to the effective date of Section 7170, Auditor’s Consent to the Use of the Auditor’s Report in a Business Acquisition Report.
AASB Strategic Plan – 2016-2021
August 17, 2016. Read our new five-year Strategic Plan, which took effect on April 1, 2016. We will continue to set high-quality standards that meet the needs of Canadian stakeholders while focussing on increasing stakeholder engagement. A Basis for Conclusions accompanies the Strategic Plan.
IAASB Survey – Work Plan for 2017-2018
August 3, 2016 – The IAASB has issued a survey on its work plan for 2017-2018. Its purpose is to assist the IAASB in evaluating its priorities for 2017-2018 and allocating its resources in the best way possible. Canadian stakeholders are encouraged to respond to the IAASB by September 30, 2016.
Basis for Conclusions – Joint Policy Statement Concerning Communications with Law Firms Regarding Claims and Possible Claims in Connection with the Preparation and Audit of Financial Statements
April 1, 2016. This document summarizes the process followed in developing this Statement and the conclusions reached by the AASB and the CBA Committee regarding significant comments received in response to its Exposure Draft.
Basis for Conclusions – CSRE 2400, Engagements to Review Historical Financial Statements
April 1, 2016. This document summarizes the process followed in developing this standard and the conclusions reached by the AASB regarding significant comments received in response to its Exposure Drafts.
AASB Re-exposure Draft – Use of the Practitioner’s Communication or Name
March 8, 2016. The AASB has issued a Re-exposure Draft of a proposed new standard that would replace existing Section 5020, Association. Stakeholders are encouraged to submit their comments by May 13, 2016.
LinkedIn – Follow us!
November 27, 2015. The boards and oversight councils are already on Twitter – @frascanada.ca. Now you can follow us on LinkedIn! Stay in the know, share our news, and engage with us! We can’t wait to hear from you.
Webinar – Looking to the Future: The AASB’s Next Strategic Plan
November 17, 2015. Tune in to this webinar on December 8, 2015 (English) and January 26, 2016 (French) to learn about the AASB’s recently issued Invitation to Comment on the AASB’s Draft Strategic Plan for 2016-2021 and how you can provide input to the AASB.
Invitation to Comment – AASB Draft Strategic Plan for 2016-2021
November 10, 2015. The AASB has issued an Invitation to Comment on its next strategic plan, which outlines the AASB’s vision, mission and strategic objectives that will guide its standard-setting activities. Stakeholders are encouraged to submit their comments, on the form provided, by February 19, 2016.
Basis for Conclusions – Section 7150, Auditor’s Consent to the Use of a Report of the Auditor Included in an Offering Document
November 3, 2015. This document summarizes the process followed in developing amendments to this standard and the conclusions reached by the AASB.