International Activities

Adoption of International Standards on Auditing

The Auditing and Assurance Standards Board (AASB) adopts as Canadian Auditing Standards (CASs) the International Standards on Auditing (ISAs) issued by the International Auditing and Assurance Standards Board (IAASB).

Involvement in the Development of ISAs

The AASB makes significant contribution to the development of the ISAs that it adopts as CASs, including the following activities:

  • The AASB is involved in the IAASB’s development of the ISAs.
  • The AASB analyzes and provides comments on all material to be discussed by the IAASB.
  • The Director, Auditing and Assurance Standards, sits on the IAASB’s Working Groups.
  • The AASB provides input to CPA Canada’s nominee on the IAASB, if any, with respect to IAASB agenda materials.

Interested parties are encouraged to visit the IAASB’s website at www.ifac.org/iaasb.