Canadian Auditing Standards

Overview

Active Projects

Audit Evidence
Audits of Less Complex Entities	IAASB is deliberating feedback received on the Discussion Paper.
Group Audits	The Exposure Draft is currently being developed The IAASB approved project proposal in December 2016
Identifying and Assessing the Risks of Material Misstatement	Final Handbook material expected to be issued May 2020

CPA Canada Handbook

The CPA Canada Handbook – Assurance contains all the Canadian Auditing Standards (CASs), adopted from International Standards on Auditing (ISAs) set by the International Auditing and Assurance Standards Board and endorsed by the AASB. Its available in print and online.

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News

April 1, 2020 News

Auditing and Assurance Standards Board – Annual Plan

This Annual Plan sets out the Board’s key activities and project milestones in 2020-2021, helping to achieve the objectives in the last year of its five-year strategic plan. Read the plan for full details.

March 9-10, 2020 Meeting Summary

AASB Decision Summary — March 9-10, 2020

The Board discussed Agreed-upon Procedures, Quality Management, Public Sector Auditing Standards and its Draft Strategic Plan for 2022-2025, among other topics. It also approved its 2020-2021 Annual Plan. Read the Decision Summary for full details.

January 23-24, 2020 Meeting Summary

AASB Decision Summary – January 23-24, 2020

The Board discussed Agreed-upon Procedures, Quality Management, and its Strategic Plan for 2021-onwards. It also reviewed a second draft of its 2020-2021 Annual Plan. Read the Decision Summary for full details.