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July 17, 2018

International Activity

IAASB Exposure Draft – Identifying and Assessing the Risks of Material Misstatement (Proposed amendments to ISA 315)

The International Auditing and Assurance Standards Board (IAASB) issued an Exposure Draft proposing changes to ISA 315 that could drive more consistent and effective identification and assessment of the risks of material misstatement. Stakeholders are invited to comment by November 2, 2018.

November 13, 2017

News

Canadian Accountant Article – Canadian Accountants Prepare for Reporting Key Audit Matters

Read this article for an update on the new information auditors will need to include in audit reports. Darrell Jensen, AASB Chair, talks key audit matters, next steps and what Canadian stakeholders had to say.

October 25, 2017

International Activity

IAASB Releases ISA 600 Project Update

October 25, 2017. The IAASB has issued an update for its project to revise ISA 600, Special Considerations – Audits of Group Financial Statements (Including the Work of Component Auditors). This publication highlights the issues under consideration in the revision of this standard and other current projects.

July 26, 2017

News

Webinar – Explore AASB’s New Auditor Reporting Standard

Tune in to this free webinar on October 3, 2017 (English) to explore the AASB’s new auditor reporting standard. Hear about the factors the AASB considered when approving the standard, its key features, and how implementation is being supported.

May 19, 2017

News

AASB Operating Plan – 2017-2018

The Operating Plan sets out the AASB’s objectives and planned activities along with other initiatives to be undertaken in 2017-2018.

May 1, 2017

International Activity

IAASB Exposure Draft – Auditing Accounting Estimates and Related Disclosures (Proposed amendments to ISA 540)

The International Auditing and Assurance Standards Board (IAASB) has issued an Exposure Draft on ISA 540 (Revised). Significant changes in how auditors evaluate accounting estimates and related disclosures have been proposed. Stakeholders are invited to provide comments by August 1, 2017.

News

COVID-19 News and Resources

Canada’s standard-setting boards are monitoring the COVID-19 pandemic closely. We are committed to providing information to help our stakeholders stay informed and address the challenges that may come during this time. Bookmark this webpage to stay up to date on our news and resources.