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

Canada is celebrating its 150th anniversary. We’re celebrating you, Canadian CPAs. Tell us why you’re proud to be a Canadian CPA. Then watch for our big celebration in July.

Gain practical organizational insights and learn from industry experts at this annual event for not-for-profit financial leaders.