Auditing and Assurance Standards Board
IAASB Request for Input – Exploring the Growing Use of Technology in the Audit
October 28, 2016. The IAASB is seeking input on the growing use of technology in the audit, with a focus on data analytics. Canadian stakeholders are encouraged to provide their comments to the IAASB by February 15, 2017.
Final Standard – Consideration of Laws and Regulations in an Audit of Financial Statements
October 25, 2016. The IAASB has issued ISA 250 (Revised), which responds to the new requirements addressing non-compliance with laws and regulations in the IESBA Code of Ethics. The revised ISA is effective for audits of financial statements for periods beginning on or after December 15, 2017.
AASB Meeting Agenda – October 17-18, 2016
October 5, 2016. A summary of topics for discussion.
AASB Decision Summary – September 12-13, 2016
October 3, 2016. An executive summary of discussion and decisions with respect to the topics addressed at this meeting.
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.
AASB Meeting Agenda – September 12- 13, 2016
August 12, 2016. A summary of topics for discussion.
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.
AASB Decision Summary – June 27, 2016
July 4, 2016. An executive summary of discussion and decisions with respect to the topics addressed at this meeting.
AASB Decision Summary – June 13-14, 2016
June 29, 2016. An executive summary of discussion and decisions with respect to the topics addressed at this meeting.