Canadian Auditing Standards (CASs)
IAASB Publication – Auditing Challenges Arising from the Adoption of Expected Credit Loss Models
March 16, 2016. Have you considered what audit issues may arise from the adoption of IFRS 9 Financial Instruments? The IAASB’s publication highlights how expected credit loss models will affect auditors. It also sets out initial thinking on how auditors may address these challenges under ISA 540.
AASB Invitation to Comment – Enhancing Audit Quality in the Public Interest – A Focus on Professional Skepticism, Quality Control and Group Audits
February 29, 2016. How does audit quality affect you? The AASB has issued an Invitation to Comment on the IAASB’s consultation, which explores how to enhance audit quality. Stakeholders are encouraged to submit their comments by April 15, 2016.
Bulletin – Addressing Disclosures in the Audit of Financial Statements
February 26, 2016. Addressing disclosures is an integral part of the audit. This Bulletin provides an overview of several revisions to CASs to more effectively address disclosures in the audit of financial statements.
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.