Video Conference Discussions – Stakeholders’ Views Sought on Proposed Revisions to CAS 315
Share Your Views
The Auditing and Assurance Standards Board (AASB) will issue an exposure draft on Identifying and Assessing the Risks of Material Misstatement that needs your feedback!
We are holding several video conference discussions this September to hear your views on the proposals to update Canadian Auditing Standard (CAS) 315, Identifying and Assessing the Risks of Material Misstatement Through Understanding the Entity and its Environment.
Attend a video conference session to provide your views on whether the proposed CAS 315 will:
- drive a consistent and effective identification and assessment of risks of material misstatement;
- meet evolving business needs, including information technology and how auditors use automated tools and techniques, including data analytics, to perform audit procedures;
- improve the standard’s scalability to entities across a wide spectrum of circumstances and complexities; and
- focus auditors on exercising professional skepticism throughout the risk identification and assessment process.
Please note: This is not an education session on implementing an updated standard on identifying and assessing the risks of material misstatement. The video conference discussions are open forums to discuss viewpoints to help shape the future standard. Participants will receive the exposure draft, as well as an outline for discussion, in advance of the session to prepare feedback and enable them to participate in the discussion.
Complete an online form to indicate interest in attending a session, taking place between September 10 and 28, 2018.
Dates not working with your schedule? Would you like to provide your feedback in French?
Johanna Field, CPA, CA
Principal, Auditing and Assurance Standards Board
• Identifying and Assessing the Risks of Material Misstatement – AASB Project Page