Canadian Auditing Standards (CASs)

WHAT'S NEW

Webinar – Canadian Amendments to ISA 720, The Auditor’s Responsibilities Relating to Other Information
December 3, 2015. Tune in to this webinar on January 12, 2016 (English) and February 2, 2016 (French) to learn about AASB’s recently issued Exposure Draft on Canadian amendments to ISA 720.  

LinkedIn – Follow us!
November 27, 2015. The boards and oversight councils are already on Twitter – @frascanada.ca. Now you can follow us on LinkedIn! Stay in the know, share our news, and engage with us! We can’t wait to hear from you.

AASB Exposure Draft – The Auditor’s Responsibilities Relating to Other Information: Canadian Amendments
November 24, 2015. The AASB has issued an Exposure Draft of proposed Canadian amendments to ISA 720. Stakeholders are encouraged to submit their comments, on the form provided, by February 12, 2016.

Webinar – Looking to the Future: The AASB’s Next Strategic Plan
November 17, 2015. Tune in to this webinar on December 8, 2015 (English) and January 26, 2016 (French) to learn about the AASB’s recently issued Invitation to Comment on the AASB’s Draft Strategic Plan for 2016-2021 and how you can provide input to the AASB.

Invitation to Comment – AASB Draft Strategic Plan for 2016-2021
November 10, 2015. The AASB has issued an Invitation to Comment on its next strategic plan, which outlines the AASB’s vision, mission and strategic objectives that will guide its standard-setting activities. Stakeholders are encouraged to submit their comments, on the form provided, by February 19, 2016.

Message from the Chair – Extension of the Comment Deadline for the Auditor Reporting Invitation to Comment
November 5, 2015. The AASB’s Chair, Cathy MacGregor, explains why the AASB has extended the comment deadline for the Invitation to Comment, “Implementation Considerations for New Auditor Reporting Standards.” The new comment deadline is February 5, 2016.

Roundtable Discussions – Stakeholders’ Views Sought on Auditor Reporting, Responsibilities Relating to Other Information, Compliance Reporting and the AASB’s Draft Strategic Plan for 2016-2021
October 6, 2015. Register to attend a roundtable discussion this fall to share your views on the AASB’s draft strategic plan and other AASB projects. The topics affect a wide range of stakeholders.

Webinar – Implementation Considerations for New Auditor Reporting Standards
September 11, 2015. Tune in to this webinar on October 6, 2015 (English) and October 7, 2015 (French) to learn about the AASB’s recently issued Invitation to Comment on the proposed effective dates and other considerations.

CPA Magazine Standards Speak – The Adoption of International Auditor Reporting Standards
September 4, 2015. In the August issue, AASB Chair, Cathy MacGregor, explains the implications of coming new and revised auditor reporting standards and the importance of stakeholder input to the AASB.

AASB Exposure Draft – Engagements to Report on Summary Financial Statements.
August 28, 2015. The AASB has issued an Exposure Draft that proposes to adopt revisions to ISA 810 issued by the IAASB dealing with auditor reporting on summary financial statements. Stakeholders are encouraged to submit their comments, on the form provided, by October 2, 2015.

IAASB Staff Audit Practice Alert – Responsibilities of the Engagement Partner
August 27, 2015. The IAASB has issued a Staff Audit Practice Alert that focuses on circumstances when the engagement partner is not located where the majority of the audit work is performed. This alert may be relevant for Canadian auditors conducting an audit of an entity with foreign operations.

AASB Exposure Draft – Responding to Non-compliance or Suspected Non-compliance with Laws and Regulations.
August 21, 2015. The AASB has issued an Exposure Draft that proposes to adopt limited changes to international standards necessary to resolve actual or perceived inconsistencies or to clarify key aspects of proposed revisions to the IESBA Code of Ethics. Stakeholders are encouraged to submit their comments, on the form provided, by September 30, 2015.

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