Please choose between the following three options for navigation.
Learn about changes to the auditor's responsibilities related to revised CAS 540, Auditing Accounting Estimates and Related Disclosures.
Get your downloadable electronic copy.
CPA Canada has issued this Audit and Assurance Alert: CAS 540, Auditing Accounting Estimates and Related Disclosures to raise awareness about the impact to all auditors resulting from changes to current CAS 540, regardless of the size or type of entity whose financial statements are being audited. These revisions are effective for audits of financial statements for periods beginning on or after December 15, 2019.
The International Auditing and Assurance Standards Board (IAASB) has prepared an At a Glance, which provides an overview of changes made to ISA 540 (Revised), Auditing Accounting Estimates and Related Disclosures and related conforming and consequential amendments. Since there are no Canadian amendments, revised CAS 540 mirrors ISA 540 (Revised). This alert contains a link to the IAASB At A Glance, which includes such topics as:
November 7, 2019
Join CPA Canada’s Financial Literacy Program in Ottawa, our nation’s capital, as we look at the trends changing the economic landscape and how they will affect how Canadians manage their money.
This event has multiple dates and locations. See event details for more information.
Join this hackathon and challenge yourself to harness data and technology to disrupt traditional financial analysis. Gather with diverse and innovative professionals and students. Work in teams and win cash for creative ideas.
September 23, 2019
Canada’s dynamic, must-attend CPA event of the year is heading to Montréal with the theme of innovation for sustainability.