Canadian Auditing Standards

Effective Dates for New Standards

This summary of recently issued Auditing and Assurance Standards Board (AASB) pronouncements has been prepared for information purposes only. Consequential amendments to existing standards resulting from the issuance of new standards and less significant changes to existing standards are not included below. Reference should be made to official Handbook material for the text of final AASB pronouncements.
Pronouncement Effective for
December 15, 2018:

CAS 250, Consideration of Laws and Regulations in an Audit of Financial Statements

Audits of financial statements for periods ending on or after December 15, 2018.

 CAS 700, Forming an Opinion and Reporting on Financial Statements



 CAS 701, Communicating key audit matters in the independent auditor’s report

 CAS 720, The Auditor’s Responsibilities Related to Other Information