Guidance and tools for audit committees: Information sheet for audit committee clients

Learn about four key publications that are packed with practical tips and best practices to improve audit committee oversight.

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Together with the Institute of Corporate Directors (ICD) and the Canadian Public Accountability Board (CPAB), Chartered Professional Accountants of Canada (CPA Canada) developed three key publications designed to encourage open and candid discussions about audit quality. CPAB also developed a separate protocol document to increase the amount of audit inspection information available to audit committees.

Guidance and Tools for Audit Committees — Information Sheet contains a synopsis of the key benefits of the following documents:

  • Oversight of the External Auditor — Guidance for Audit Committees
  • Annual Assessment of the External Auditor — Guidance for Audit Committees
  • Periodic Comprehensive Review of the External Auditor — Guidance for Audit Committees
  • Protocol for Audit Firm Communication of CPAB Inspection Findings with Audit Committees

Your clients will learn:

  • why audit quality is important for audit committees
  • what audit committees should be doing right now
  • where to find more information about the Enhancing Audit Quality (EAQ) initiative

Highlights

Our Firm Directory allows you to search for Canadian CPA firms using our interactive map as well as other criteria.

Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.