The Auditing and Assurance Standards Oversight Council (AASOC) is an independent, volunteer body established in 2002 to serve the public interest by overseeing and providing input into the activities of the Auditing and Assurance Standards Board (AASB).
We have no less than 13 and no more than 17 volunteer voting members. View current AASOC members.
Many of our members are prominent regulators and business leaders. Our membership consists of senior members from:
Members have a broad perspective of the complex issues facing standard setters.
We normally meet four times a year. Additional meetings and conference calls may take place.
At the Chair’s discretion, meetings are open to public observation.
Chartered Professional Accountants of Canada (CPA Canada) provides funding, staff and other resources to support an independent standard-setting process.
CPA Canada and AASOC function at arm’s length from one another. As a result, we carry out our standard-setting operations in an independent manner.