Volunteer Opportunity – Auditing and Assurance Standards Board

The Auditing and Assurance Standards Oversight Council (AASOC) is currently seeking
a new member to appoint to the Auditing and Assurance Standards Board.

Are you interested in driving auditing, other assurance and related services standard-setting in Canada? Do you want to help in ensuring that these standards are set in the public interest?

Requirements 

Over the next three years, the AASB will be considering standards and guidance that address a number of specific areas and issues including:

  • quality control;
  • group audits;
  • data analytics;
  • integrated reporting;
  • professional skepticism;
  • scalability; and
  • post-implementation reviews.

If you work in industry or government as a preparer of financial information, a user of financial information, or a relevant area expert, you could be interested in this position. 

Expertise in specialized IT audit, or in the use of data analytics, agreed-upon procedures or compilation engagements, would be valuable.
 
AASOC is looking for candidates with the following attributes:

  • a strong public interest perspective;
  • the seniority and credibility to be recognized as a “voice” in Canada and, as needed, internationally;
  • sufficient time and scheduling flexibility;
  • knowledge in a specialized sector, although members are chiefly sought to bring broad perspectives; and
  • the ability to work collaboratively to reach a consensus in order to develop high quality standards.

AASOC also considers the professional composition and geographical and gender balance of the AASB. Members will be selected so that the AASB membership reflects a broad cross-section of those affected by the auditing and assurance standards.

Members of the AASB are not required to hold a professional accounting designation. 

Commitment 

This demanding but rewarding volunteer role involves a time commitment of approximately 250 hours per year, including preparation and meeting time. The AASB normally meets in person in Toronto five times and holds two to four conference calls annually.

The appointments would take effect April 1, 2018 for a three-year term, with a possible renewal term.

The position is unpaid. Travel and other relevant costs are reimbursed in accordance with CPA Canada’s travel policies.

The working language of the AASB is English.

Expressions of interest should be submitted by October 13, 2017.

If you are interested in this position, know of someone who might be, or need more information, contact:

Eric Turner, CPA, CA
Director, Auditing and Assurance Standards Board
Phone: +1 (416) 204-3240
Email: eturner@aasbcanada.ca

About the AASB

The AASB establishes standards for assurance and related services engagements in Canada and contributes to the development of International Standards on Quality Control, International Standards on Auditing, International Standards on Assurance Engagements, International Standards on Review Engagements, and International Standards on Related Services.

About AASOC

AASOC is an independent, volunteer body that the Canadian Institute of Chartered Accountants (now CPA Canada) established in 2002 to serve the public interest by overseeing and providing input into the activities of the Auditing and Assurance Standards Board (AASB) and the Independence Task Force of the Public Trust Committee.