AASB

Post-implementation Review – Reports on Supplementary Matters Arising from an Audit or a Review Engagement

Summary

The objective of this project is to identify:

  • challenges faced by practitioners in implementing Canadian Standard on Related Services (CSRS) 4460, Reports on Supplementary Matters Arising from an Audit or a Review Engagement;
  • issues that entities may have encountered as a result of the change in work effort or reporting under CSRS 4460; and
  • issues or concerns that third party users of the practitioner’s report may have related to work effort or reporting under CSRS 4460.

Post-implementation reviews of recently-issued standards is a strategic initiative set out in the AASB’s 2016-2021 Strategic Plan. The goal of a post-implementation review is to assist in the successful implementation of a standard by identifying and addressing challenges faced by practitioners in implementing the standard. The AASB will consider appropriate next steps, including working with appropriate parties to address the challenges identified, based on the findings from the post-implementation review.

Staff Contact(s)

Jacqui Kuypers, CPA, CA

Principal, Auditing and Assurance Standards Board

Project Status

  • Information gathering

    Research begun in 2017.

    Surveys issued in October 2019.

  • Approving project
  • Consulting stakeholders
  • Deliberating feedback
  • Final pronouncement

Meeting & event summaries


News


January 13, 2020

News

Survey! Post-implementation Review – Reports on Supplementary Matters Arising from an Audit or a Review Engagement – LAST CHANCE – EXTENDED DEADLINE!

Now that stakeholders have had an opportunity to apply CSRS 4460, we want to learn about your implementation experiences. If you’re a practitioner who reports to third parties on supplementary matters, a CSRS 4460 report user or an entity that engages a practitioner to report on supplementary matters, we want to hear from you! Take our survey to support the post-implementation review of this standard by January 24, 2020.

December 6, 2019

News

Virtual Roundtable Discussions – Stakeholder views needed on reporting on supplementary matters – NEW DATES ADDED!

You are invited to attend a roundtable to discuss the Canadian Standard on Related Services (CSRS 4460), Reporting on Supplementary Matters Arising from an Audit or a Review Engagement. Roundtable discussions are taking place on January 7 and 8 via video conference. Register today!

November 12, 2019

News

Virtual Roundtable Discussions – Stakeholder views needed on reporting on supplementary matters

You are invited to attend a roundtable discussion to discuss the Canadian Standard on Related Services (CSRS 4460), Reporting on Supplementary Matters Arising from an Audit or a Review Engagement. Roundtable discussions are taking place this fall via video conference. Register today!

October 25, 2019

News

Survey! Post-implementation Review – Reports on Supplementary Matters Arising from an Audit or a Review Engagement

Now that stakeholders have had an opportunity to apply CSRS 4460, we want to learn about your implementation experiences. If you’re a practitioner who reports to third parties on supplementary matters, a CSRS 4460 report user or an entity that engages a practitioner to report on supplementary matters, we want to hear from you! Take our survey to support the post-implementation review of this standard by January 10, 2020.

October 25, 2019

News

Survey! Post-implementation Review – Reports on Supplementary Matters Arising from an Audit or a Review Engagement

Now that stakeholders have had an opportunity to apply CSRS 4460, we want to learn about your implementation experiences. If you’re a practitioner who reports to third parties on supplementary matters, a CSRS 4460 report user or an entity that engages a practitioner to report on supplementary matters, we want to hear from you! Take our survey to support the post-implementation review of this standard by January 10, 2020.

March 5, 2018

Meeting Summary

AASB Decision Summary – March 5-6, 2018

The Board received an update on its annual-plan activity to conduct a post-implementation review on CSRS 4460, Reports on Supplementary Matters Arising from an Audit or a Review Engagement. The Board discussed steps in the post-implementation review process. The Board reviewed the draft consultation paper, including questions, which will be used to collect information on CSRS 4460 implementation issues.

January 26, 2018

Meeting Summary

AASB Decision Summary – January 25-26, 2018

The Board received an update on its strategic plan initiative to conduct a post-implementation review. This review will be conducted on CSRS 4460. Staff will prepare a summary of the review process, including steps taken and considerations to date, along with a request for information, for the Board’s approval at a future meeting.

October 18, 2017

Meeting Summary

AASB Decision Summary – October 16-18, 2017

The Board considered possible standards on which a pilot post-implementation review could be done and agreed to consider at a future meeting whether to conduct a review of CSRS 4460, Reports on Supplementary Matters Arising from an Audit or a Review Engagement.

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.