AASB

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May 6, 2019

Meeting Summary

AASB Decision Summary — May 6, 2019 Conference Call

The Board approved an exposure draft of a guideline for Public Sector Auditing Standards and a revised standard for Reporting on Controls at a Service Organization. It also discussed Audits of Less Complex Entities and the IAASB Strategy and Work Program. Read the full Decision Summary for details.

April 26, 2019

News

In-Brief – Feedback from outreach session: barriers to effective and efficient audits of less complex entities

In November 2018, the AASB and CPA Canada hosted an outreach session with practitioners to discuss the barriers to effective and efficient audits of less complex entities. Read more for what we heard.

April 12, 2019

News

IAASB Webcasts for Quality Management at the Firm and Engagement Level, Including Engagement Quality Reviews– Register Now

The IAASB is hosting a series of webcasts to take participants through key aspects of the revised standards on quality management at the firm and engagement level. The webcasts will provide an opportunity for participants to ask questions. Register now to secure your spot.

April 12, 2019

Resource

In-Brief Podcast Script – The New Approach to Quality Management and How it Can Benefit You

This podcast script provides a plain and simple overview of the components of the system of quality management, and how the new risked-based approach in ISQM 1 can benefit you. Download the script to read the full details.

April 12, 2019

Resource

In-Brief Podcast – The New Approach to Quality Management and How it Can Benefit You

This podcast provides a plain and simple overview of the components of the system of quality management, and how the new risked-based approach in ISQM 1 can benefit you. Listen to the podcast for full details.

April 12, 2019

Resource

In-Brief Podcast Script – Key highlights of the AASB’s Exposure Draft on Quality Management at the Firm and Engagement Level

This podcast provides a plain and simple overview of the key highlights of the AASB’s Exposure Draft on Quality Management at the Firm and Engagement Level. Download the script to read the full details.

April 12, 2019

Resource

In-Brief Podcast – Key highlights of the AASB’s Exposure Draft on Quality Management at the Firm and Engagement Level

This podcast provides a plain and simple overview of the key highlights of the AASB’s Exposure Draft on Quality Management at the Firm and Engagement Level. Listen now for full details.

April 8, 2019

Meeting Summary

AASB Decision Summary – April 8, 2019 Conference Call

The Board discussed Compilation Engagements and Reporting on Controls at a Service Organization. Additionally, the Board assessed its performance against targets in its Operating Plan.

April 5, 2019

Document for Comment

AASB Exposure Draft – Quality Management at the Firm and Engagement Level, Including Engagement Quality Reviews

The AASB issued an Exposure Draft proposing the adoption of ISQM 1, ISQM 2 and ISA 220 (Revised), with appropriate Canadian amendments, if any. Stakeholders are invited to comment until June 7, 2019. For full details, visit the Document for Comment’s page.

April 1, 2019

News

AASB Annual Plan – 2019-2020

The Annual Plan sets out the Board’s key activities and targets to be undertaken in 2019-2020, helping to achieve its objectives in the five-year strategic plan. Read the plan to see what’s in store.