Page 7 - Auditing and Assurance Standards Oversight Council Public Report for the period ended August 31, 2015
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AASOC’s Relationship with CPA Canada 5

AASOC’s Relationship
with CPA Canada

CPA Canada is the national organization representing the Chartered Professional Accountant
(CPA) profession in Canada. CPA Canada provides funding, staff and other resources to
Canada’s accounting and audit and assurance standards boards and oversight councils
including AASOC.

The funding, staff and other resources are provided by CPA Canada without conditions. AASOC
appoints its own members and appoints the members of the AASB. CPA Canada has no right
to appoint any member of either body. AASOC and the AASB are not required to report, or are
not otherwise accountable, to CPA Canada although all parties are committed to ensuring that
Canada has the best auditing and assurances standards possible.
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