News Listings

The 2025-2026 Annual Plan marks the first year under the AASB’s 2026-2029 Strategic Plan. Read about our key activities for the year ahead and how the Board will advance its strategic goals.

The AASB approved several key projects: the  revised Canadian Auditing Standard 570, Going Concern; a re-exposure draft for Canadian amendments in CSSA 5000, General Requirements for Sustainability Assurance Engagements, on Indigenous matters; and its 2026-2029 Strategic Plan. The Board also discussed Audit Evidence & Risk Response and Fraud. Read the Decision Summary for full details. 

The Auditing and Assurance Standards Board (AASB) discussed the IAASB’s topic on Listed Entity/Public Interest Entity Track-2, the Compilations of Future-oriented Financial Information, the AASB’s Annual and Strategic Plans, and the Performance Assessment Report. Read the decision summary for more.

The AASB discussed IAASB’s topics on Fraud, Going Concern, Integrated Project, Listed Entity/Public Interest Entity Track-2, Integrated Project, and Technology Gap Analysis. The Board also discussed Canadian projects on Sustainability Assurance and Emerging Issues. Read the decision summary for more.

The IAASB approved International Standard on Sustainability Assurance (ISSA) 5000, General Requirements for Sustainability Assurance Engagements. Find out what’s next for sustainability assurance in Canada.  

Volunteer Opportunity – Field-test Selected Requirements in the AASB’s Exposure Draft, “Proposed Canadian Standard on Related Services (CSRS) 4250, Compilation Engagements on Future-oriented Financial Information and Pro Forma”

Calling all practitioners! We need your expertise to shape the future of CSRS 4250. Join us in field-testing selected requirements from our new Exposure Draft. Your insights are crucial as we determine whether our proposals are both implementable and understandable. Be part of the standard’s development and help us ensure we meet your needs. Don't miss your opportunity to contribute! Register by October 18, 2024, to make your voice heard.

Our new Exposure Draft, “Proposed CSRS 4250, Compilation Engagements on Future-oriented Financial Information and Pro Forma,” is out now, and we want to hear your views! Your feedback is integral to our consultation process and will help us determine the next steps as we advance our project. Don’t miss your opportunity to have your voice heard. Respond to our proposals by January 7, 2025.

The AASB discussed IAASB’s topics on Fraud, Going Concern, Integrated Project, Listed Entity/Public Interest Entity Track-2, Technology Position, Canadian projects on Audits of Less Complex Entities, and Sustainability Assurance, as well as the AASB’s Engagement Process and Strategic Plan.

Become a member of the Auditing and Assurance Standards Board. Contribute to Canadian standards, gain professional insights, and engage with a diverse community. Apply by September 13, 2024.

Auditing and Assurance Standards Oversight Council met on June 13, 2024, to discuss the Auditing and Assurance Standards Board’s activities and related matters. Read the full report for more information.