Auditing and Assurance Standards Board
Agenda for May 3, 2018

The topics the Auditing and Assurance Standards Board (AASB) plans to discuss, and anticipated actions, if any, are outlined below. Although current at the date prepared (April 4, 2018), this agenda is subject to change. More information regarding projects of the International Auditing and Assurance Standards Board (IAASB) is available at www.ifac.org/.

Canadian Auditing Standards (CASs)

Audit Evidence

  • Project update

Quality Control

  • Discuss Canadian-specific issues related to the IAASB’s project to revise International Standard on Quality Control (ISQC) 1, International Standard on Quality Control for Firms that Perform Audits and Reviews of Financial Statements, and Other Assurance and Related Services Engagements

Assurance and Related Services Standards (other than CASs)

Agreed-upon Procedures

  • Discuss Canadian-specific issues related to the IAASB's project to revise International Standards on Related Services (ISRS) 4400, Engagements to Perform Agreed-Upon Procedures Regarding Financial Information

Public Sector Auditing Standards

  • Discuss issues related to AuG-49, Reporting on Compliance with Specified Authorities for Transactions Coming to the Auditor’s Notice during the Audit of Financial Statements
  • Approve final CPA Canada Handbook – Assurance material