Other Canadian Standards

Auditor Assistance to Underwriters and Others

Summary

The AASB has approved a project proposal to revise the 7000 series of Sections in the Handbook (i.e., Sections dealing with securities regulations and other capital markets matters).

Staff Contact(s)

Chi Ho Ng, CPA, CA

Principal, Auditing and Assurance Standards Board

Meeting & event summaries


January 21, 2014

AASB Decision Summary – January 20-21, 2014

The AASB decided to defer its project to revise Section 7200, Auditor Assistance to Underwriters and Others. The AASB concluded that there is no urgent need to revise this Section for the following reasons:

  • the AASB has reviewed all the requirements in Section 7200 and concluded that the nature and extent of the auditor’s work, including interaction with underwriters, are clearly set out in the Section and continue to be in the public interest; and
  • the AASB is not aware of any significant issues regarding Section 7200 that need to be addressed in the near term.

January 18, 2011

AASB Decision Summary – January 17-18, 2011

The AASB approved a project proposal to revise the 7000 series of Sections in the CICA Handbook – Assurance (i.e., Sections dealing with securities regulations and other capital markets matters).

News


Disclaimer

This project summary has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussions on this project, which may change after further Board deliberations. Decisions to publish Handbook material are final only after a formal ballot process.