AASB

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November 14, 2019

News

CPA Canada Practitioner’s Pulse Webinar – Compilation Engagements

Tune into this webinar to hear AASB Principal, Svetlana Berger, speak about the recently-approved new standard on compilation engagements. The webinar is taking place on November 21 from 12:30-2pm. Register now to learn more.

November 13, 2019

News

Auditing and Assurance Standards Board Meeting – December 2-3, 2019 – Agenda now available!

Find out what’s on the agenda for the upcoming Board meeting. Topics include, Agreed-upon Procedures, Quality Management, Audits of Less Complex Entities, Public Sector Auditing Standards, Group Audits and more. Read the agenda for full details. 

November 8, 2019

News

Update – AASB Expands Key Audit Matter Reporting

The AASB received valuable feedback on its Exposure Draft, Communication of Key Audit Matters in the Auditor’s Report. After reviewing the feedback received, the AASB agreed to require key audit matter reporting for other listed entities, excluding listed entities required to comply with National Instrument 81-106. Read the article for full details.

October 25, 2019

News

Survey! Post-implementation Review – Reports on Supplementary Matters Arising from an Audit or a Review Engagement

Now that stakeholders have had an opportunity to apply CSRS 4460, we want to learn about your implementation experiences. If you’re a practitioner who reports to third parties on supplementary matters, a CSRS 4460 report user or an entity that engages a practitioner to report on supplementary matters, we want to hear from you! Take our survey to support the post-implementation review of this standard by January 10, 2020.

October 11, 2019

News

Volunteer Opportunity – Audits of Less Complex Entities Advisory Group

The Board is looking for individuals who have experience with audits of less complex entities to be members of our Audits of Less Complex Entities Advisory Group. Read more about the opportunity we have available and apply by November 1, 2019.

October 7-8, 2019

Meeting Summary

AASB Decision Summary — October 7-8, 2019

The Board discussed several topics during its two-day meeting, including Compilation Engagements, Public Sector Auditing Standards, and the Strategic and Annual Plans. Read the full Decision Summary for further detail.

October 4, 2019

News

AASB Response – Audits of Less Complex Entities

The Board submitted a comment letter responding to the IAASB’s Discussion Paper, Audits of Less Complex Entities: Exploring Possible Options to Address the Challenges of Applying the ISAs. Visit the IAASB’s website to read the Board’s response.

September 24, 2019

News

Auditing and Assurance Standards Board Meeting – October 7-8, 2019 – Agenda now available!

Find out what’s on the agenda for the upcoming Board meeting. Topics include, Compilation Engagement, Future-oriented Financial Information, Public Sector Auditing Standards, and more. Read the agenda for full details.

September 19, 2019

News

VOLUNTEER OPPORTUNITY – for Extended External Reporting Advisory Group – DEADLINE EXTENDED!

The Auditing and Assurance Standards Board (AASB) is looking for individuals familiar with EER reporting frameworks and assurance engagements to be member of our Extended External Reporting advisory group. Read more about the opportunity we have available and apply by November 15, 2019.

September 9-10, 2019

Meeting Summary

AASB Decision Summary – September 9-10, 2019 Meeting

The Board discussed several topics during its two-day meeting including Audits of Less Complex Entities, Quality Management, Agreed-upon Procedures, Identifying and Assessing the Risks of Material Misstatement and others. Read the full Decision Summary for further detail.