Canadian Auditing Standards

Overview

Active Projects

Audit Evidence

The AASB submitted a response to the IAASB’s Exposure Draft – “ISA 500, Audit Evidence”

The IAASB is deliberating feedback on its Exposure Draft – “ISA 500, Audit Evidence” and the AASB is forming Canadian views on key issues identified

AASB Response

Fraud

The AASB submitted a response to the IAASB’s Exposure Draft – “ISA 240, The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements”

The IAASB is deliberating feedback on its Exposure Draft – “ISA 240, The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements” and the AASB is forming Canadian views on key issues identified

AASB Response

Going Concern

The AASB submitted a response to the IAASB’s Exposure Draft – “ISA 570, Going concern”

The IAASB is deliberating feedback on its Exposure Draft – “ISA 570, Going Concern” and the AASB is forming Canadian views on key issues identified

AASB Response

Listed Entity and Public Interest Entity

The AASB submitted a response to the IAASB’s Track 2 Exposure Draft – “Proposed Narrow Scope Amendments to ISQMs, ISAs, and International Standard on Review Engagements 2400 (Revised), Engagements to Review Historical Financial Statements”

The AASB is deliberating feedback on its Track 2 Exposure Draft

The IAASB is deliberating feedback on its Track 2 Exposure Draft

AASB Response

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. It's available in print and online.

Get the Handbook

News

April 17, 2024 Document for Comment

AASB Consultation Paper – 2026-2029 Strategic Plan

The AASB wants your input on its 2026-2029 Strategic Plan! Complete our survey by June 28, 2024, to provide your views on whether our goals are responsive to the changing environment. Weigh in on what areas will significantly influence the audit and assurance landscape over the next five years and help us set the direction of our work.

April 8, 2024 Meeting Summary

AASB Decision Summary – March 11-12, 2024

The AASB discussed Going Concern, Listed Entity/Public Interest Entity Track-2, Integrated Project, Technology Position, Audits of Less Complex Entities, Compilations of Future-oriented Financial Information, Sustainability Assurance, and more. Read the decision summary for full details.

January 24, 2024 Meeting Summary, Webpage

AASB Decision Summary – January 24, 2024

The AASB approved two exposure drafts: Fraud and Listed Entity/Public Interest Entity Track-2. It discussed the draft 2024-2025 Annual Plan and the Compilations of Future-oriented Financial Information project. The Board received a presentation from the Practice Inspection Programs Standing Committee. Read the decision summary for full details.