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New and revised auditor reporting: External resources

CPA Canada has compiled an inventory of useful external resources to help you understand and apply the new and revised auditor reporting standards.

The Canadian Auditing and Assurance Standards Board (AASB) approved new and revised auditor reporting standards in April 2017. These standards are effective for audits of financial statements for periods ending on or after December 15, 2018.

The implications of these new and revised standards will result in new auditor’s reports for all audits and will impact everyone involved in the financial reporting process (i.e., management and those charged with governance, including the audit committee), the external auditors and financial statement users.

These resources were created by external organizations and were not reviewed, developed or approved by Chartered Professional Accountants of Canada (CPA Canada). CPA Canada accepts no responsibility or liability that might occur directly or indirectly as a consequence of the use, application or reliance on these resources.

International Federation of Accountants:

The New Auditor's Report – Resource page

New and Revised Auditor Reporting Standards and Conforming Amendments
(January 2015 | IFAC)

Auditor Reporting – Key Audit Matters
(January 2015 | IFAC)

Determining and Communicating Key Audit Matters
(July 2016 | IFAC)

Auditor Reporting – Illustrative Key Audit Matters
(April 2015 | IFAC)

Auditor Reporting on Going Concern
(January 2015 | IFAC)

The New Auditor's Report: Questions and Answers
(November 2016 | IFAC)

The New Auditor's Report: A Comparison between IAASB and US PCAOB Standards
(July 2017 | IFAC)

The Big 4:

Enhancing Auditor Reporting – Providing insight and transparency
(July 2015 | KPMG)

Delivering the value of the audit – New insightful audit reports
(January 2015 | PwC)

Clear, transparent reporting – The new auditor's report
(2015 | Deloitte)

Enhanced auditor's reporting
(January 2016 | EY)

How the biggest revolution in auditing will affect you
(November 2016 | EY)


The Enhanced Auditor's Report – Questions and Answers
(May 2017 | Malaysian Institute of Accountants)

Board of Directors – Are you ready for the enhanced auditor's report?
(October 2016 | Malaysian Institute of Accountants)

Enhanced Auditor's Report – A Guide to Prepare Retail Investors for Annual General Meetings
(2017 | Securities Investors Association - Singapore)

Enhanced Auditor Reporting
(October 2016 | Institute of Singapore Chartered Accountants)


Special Feature: The New Auditor's Report and Key Audit Matters: Questions and Answers
(July 2015 | Accountancy South Africa)

Australia and New Zealand:

Auditor Reporting FAQs
(Australian Government Auditing and Assurance Standards Board)

Auditor Review Reports - The impact of the new auditor reporting requirements
(Australian Government Auditing and Assurance Standards Board)

Auditor Reporting – Learn how changes to international standards of auditor reporting may affect you
(Chartered Accountants of Australia and New Zealand)

Auditor Reporting – Resource page
(CPA Australia)


Extended auditor's reports – A further review of experience
(January 2016 | Financial Reporting Council - UK)

Extended audit reports – Exploring challenges and opportunities in implementation
(2016 | The Institute of Chartered Accountants in England and Wales)

Extended audit reports - The start of a conversation
(2017 | The Institute of Chartered Accountants in England and Wales)