Members of the public are encouraged to submit issues for possible consideration by the Auditing and Assurance Standards Board’s (AASB) Audits of Less Complex Entities Working Group at an upcoming meeting.
Submission requirements
To be considered, issues must be submitted in writing and meet the following requirements:
- Clearly describe the issue in two sentences or fewer.
- Explain how the issue arises from the application of the Canadian Auditing Standards (CASs) to audits of less complex entities, including whether:
- the issue is widespread in Canada (for example, prevalent within a particular industry or across multiple industries); and/or
- there is diversity in practice within Canada.
AASB staff will contact the submitter to advise whether the issue has been selected for discussion and, where appropriate, to request further clarification. At the submitter’s request, submissions may be handled anonymously.