Canadian Auditing Standards

Plain Language Resources

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January 14, 2019

Resource

In Brief Podcast Script – AASB’s December 2018 Exposure Draft, Reporting on Controls at a Service Organization

This script provides a plain and simple overview of the AASB’s Exposure Draft, Reporting on Controls at a Service Organization Relevant to User Entities’ Internal Control Over Financial Reporting. Read the script for details.

January 14, 2019

Resource

In Brief Podcast – AASB’s December 2018 Exposure Draft, Reporting on Controls at a Service Organization

This Podcast provides a plain and simple overview of the AASB’s Exposure Draft, Reporting on Controls at a Service Organization Relevant to User Entities’ Internal Control Over Financial Reporting.

December 12, 2018

Basis for Conclusions

Basis for Conclusions – Reporting on Audited Financial Statements

This document summarizes the process the AASB followed in making revisions to CAS 700, Forming an Opinion and Reporting on Financial Statements. Read the Basis for Conclusions for full details.

November 13, 2018

News, Resource

Message from the Chair – Auditor Reporting Standards

AASB Chair, Ken Charbonneau provides an update on the Board’s recent decisions and activities on auditor reporting standards. Read his message to learn the full details.

August 28, 2018

Resource

In Brief – A plain and simple overview of the AASB’s Exposure Draft on Identifying and Assessing the Risks of Material Misstatement

The Board plans to issue an exposure draft proposing the adoption of ISA 315 (Revised), with appropriate Canadian amendments, if any. This In Brief provides an overview of that exposure draft and ways you can provide input.

August 20, 2018

Resource

Webinar – ISA 315 Exposure Draft Key Revisions Explained

Listen to this 60-minute IAASB webinar to understand how the proposed revisions to ISA 315 (Revised) aim to enhance the auditor’s procedures in identifying and assessing the risks of material misstatement, ultimately improving audit quality. Webinar available in English only.

July 26, 2018

Resource

Webinar – AASB Exposure Draft: Risks of Material Misstatement

Tune into this webinar on September 11, 2018 (English) and September 19, 2018 (French) to learn about the AASB’s planned exposure draft of revisions to CAS 315 and how you can provide input to the AASB.

July 26, 2018

Resource

In Brief – A plain and simple overview of auditing considerations related to cryptocurrencies

The rise of cryptocurrencies is increasing global interest and scrutiny by organizations, investors, regulators, governments, and others. Do you understand the implications? Read our In Brief for the AASB’s thoughts on a recently issued CPA Canada guidance paper on this topic

July 3, 2018

Basis for Conclusions

Basis for Conclusions – Preface to the CPA Canada Handbook - Assurance

This is a summary of the process followed in reviewing the amendment criteria used by the Board when adopting ISQCs as CSQCs, ISAs as CASs, and ISAEs as CSAEs.

October 26, 2017

Resource

In Brief – AASB’s Launch of Field Testing on a Proposed Auditing Standard

The AASB launched a new consultation activity focused on field testing the Exposure Draft, Auditing Accounting Estimates and Related Disclosures. This provides an overview of that field testing activity.