AASB Meeting – September 12-13, 2023
September 12, 2023 – 12:30 p.m. – 5:30 p.m. ET
September 13, 2023 – 12:30 p.m. – 4:30 p.m. ET
The Board will discuss IAASB issues on Audit Evidence, Audits of LCEs, IAASB Strategy, and Fraud. The Board will approve Canadian revisions to the Listed Entity/Public Interest Entity Track-1 and receive a presentation from the Independence Standing Committee Chair and an update on the definition of Listed Entity/Public Interest Entity Track-2. The Board will also receive a semi-annual update on Emerging Issues and discuss a correction of error on the Agreed-upon Procedures standard.
AASB Decision Summary – August 30, 2023
The Board approved the Exposure Draft for a new Canadian Standard on Sustainability Assurance (CSSA) 5000, General Requirements for Sustainability Assurance Engagements. Read the Decision Summary for more details.
AASB Decision Summary – August 15, 2023
The Board reviewed a draft response letter to the IAASB’s Exposure Draft, ISA 570, Going Concern and discussed comments received on the AASB’s Exposure Draft of CAS 570, Going Concern. Read the decision summary for more details.
AASB Decision Summary – June 12-13, 2023
The Board discussed the IAASB’s projects on Fraud (ISA 240), Listed Entity/Public Interest Entity-Track 1, Audits of Financial Statements of LCEs, and Sustainability Assurance (ISSA) 5000. It also received updates on its Strategic Plan 2022-2025, Standards Forward Timeline, CPA Canada’s Research Guidance and Assurance, and the final report on IRCSS. Read the Decision Summary for more.
AASB Decision Summary – May 25, 2023
The AASB discussed issues related to the project to develop a Canadian Standard on Related Services (CSRS) on compilations of future-oriented financial information that will replace AuG-16, Compilation of a Financial Forecast or Projection and held an education session on Sustainability Assurance. Read the Decision Summary for full details.
AASB Decision Summary – April 5, 2023
The Board discussed comments received on its Exposure Draft, “CAS 500, Audit Evidence”, approved an exposure draft on Going Concern, and reviewed a draft response letter to the IAASB’s Exposure Draft, Proposed Part 10, Audits of Group Financial Statements of Less Complex Entities. The Board also received an update on the results of its survey and reviewed a draft of its response letter to the IAASB’s Proposed Strategy and Work Plan. Read the Decision Summary for more details.
AASB Decision Summary – March 13-14, 2023
The Board discussed its 2023-2024 Annual Plan, 2022-2023 Performance Assessment, Emerging Issues, and the IAASB’s projects on Audit Evidence, Going Concern, Sustainability, and more. Read the Decision Summary for full details.
AASB Decision Summary – January 23, 2023
The Board discussed developing a new Canadian Standard on Related Services on compilations of future-oriented financial information and approved a Canadian Project Proposal for sustainability assurance. It also discussed annual planning, the Strategic Plan 2022-2025, and more. Read the Decision Summary for full details.
AASB Decision Summary – November 28-29, 2022
The Board discussed issues related to the IAASB’s projects on Audits of LCEs, Fraud, Going Concern, Listed Entity/PIE, Sustainability, and more. The Board approved the final JPS with Actuaries and received a presentation from CPAB. Read the full decision summary for more details.