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The assurance profession needs to evolve in order to address challenges, seize opportunities and lead change in this era of ongoing disruption. Find recommended actions from experts to help advance the value and relevance of audit.
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In November 2017, Chartered Professional Accountants of Canada (CPA Canada) and the Institute of Chartered Accountants of Scotland held their first joint symposium in Toronto. They discussed and debated the future of the audit profession in the digital age and how technology might be used to enhance the audit. Exactly one year later, on November 2, 2018, the dialogue resumed at a second symposium in Edinburgh to consider whether the same issues were still relevant.
The answer was yes...perhaps even more so.
Led by two expert panels, an audience of auditors, academics, preparers, standard-setters, and educators shared their views on two key issues affecting the assurance profession:
Download the report for recommendations on actions needed to prepare for the future, from a variety of stakeholders, including professional accounting bodies, educators, accounting firms, regulators, preparers, and those charged with governance.
It’s said that a crisis brings out the best in people and, in most cases, that’s true. But there is a dark side to tough times, as fraudsters prey on people who are uncertain and looking for easy answers.
March 18, 2020
The federal government’s actions and fiscal support to address the widespread and devastating economic fallout of the COVID-19 pandemic are welcomed by Chartered Professional Accountants of Canada (CPA Canada).
Listen to this special edition Practitioner’s Pulse webinar where we answer some frequently asked questions around practice management issues and some key financial reporting and auditing implications of COVID-19.