Other Canadian 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 Application
June 1, 2019
Section 7170, Auditor’s Consent to the Use of the Auditor’s Report in Connection with a Designated Document
Effective for an auditor’s consent issued on or after June 1, 2019.
April 1, 2019

CSAE 3530, Attestation Engagements to Report on Compliance

Attestation engagements to report on management’s statement of an entity’s compliance when the practitioner’s report is dated on or after April 1, 2019.
CSAE 3531, Direct Engagements to Report on Compliance

Direct engagements to report on an entity’s compliance when the practitioner’s report is dated on or after April 1, 2019.

AuG-49, Reporting on Compliance with Specified Authorities for Transactions Coming to the Auditors Notice during the Audit of Financial Statements
Effective for reports dated on or after April 1, 2019. Earlier application is permitted.
December 14, 2017:
CSRE 2400, Engagements to Review Historical Financial Statements
Reviews of financial statements for periods ending on or after December 14, 2017. Earlier application is not permitted.
June 30, 2017:
CSAE 3000, Attestation Engagements Other than Audits or Reviews of Historical Financial Information

CSAE 3000, Attestation Engagements Other than Audits or Reviews of Historical Financial Information

Attestation engagements where the assurance report is dated on or after June 30, 2017.
CSAE 3001, Direct Engagements
Direct engagements where the assurance report is dated on or after June 30, 2017.
June 1, 2017:
CSOA 5000, Use of the Practitioner’s Communication or Name
Applicable to a practitioner’s consent provided on or after June 1, 2017.
Section 7170, Auditor’s Consent to the Use of the Auditor’s Report in Connection with Business Acquisition Reports
Auditor’s consent to the use of the auditor’s report in a business acquisition report issued on or after June 1, 2017.