The Reporting Implications of Assurance Standards Task Force, formerly known as the Auditor Reporting Implications of the New Canadian Auditing Standards (CASs) Task Force, was established in 2009 by the Auditing and Assurance Standards Board (AASB) during a time of significant change to accounting and auditing standards in Canada, including:
The complexities that resulted from these changes prompted the need for the development of a new Task Force to assist practitioners in understanding and applying reporting requirements in practice.
As the AASB continues to make changes to the CASs in areas of auditor reporting, the Task Force continues to develop new guidance.
The roles and responsibilities of the Task Force include the following:
The Task Force meets privately as needed.
Guides that the Task Force has developed, and CPA Canada has published can be found in the Non-Authoritative Guidance section of the Reference Material page.
The Task Force consists of: