Resources for new and revised auditor reporting standards
This is your source for tools and resources to promote awareness, understanding and effective implementation of the new and revised auditor reporting standards.
The CPA Canada Auditor Reporting page is a digital library for resources and guidance, designed for both practitioners and users of financial statement audits, to promote awareness and effective implementation of the new and revised Auditor Reporting standards.
The new and revised Auditor Reporting standards have been designed to enhance auditor’s reports. The implications of these new and revised standards will result in new auditor’s reports for all audits and will impact all those 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.
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.
Resources and tools on the new and revised Auditor Reporting Standards:
- CPA Canada alerts, tools and other resources – various publications to promote awareness and effective implementation
- CPA Canada Reporting implications of Canadian Auditing Standards (CAS) – a guide designed to promote consistency in the form and content of practitioners' reports by providing guidance with respect to commonly occurring circumstances. The guide contains a series of issues presented in Q&A format along with illustrative reports
- relevant external resources prepared by other jurisdictions
This page will continue to be updated with resources and tools as they become available.
Please contact Taryn Abate with suggestions for additional guidance related to these new and revised auditor reporting standards.