Enhancing Audit Quality: Auditor independence: Canadian perspectives

After the financial crisis, many proposals on auditor independence were advanced by global organizations. Learn from our complete overview of the Independence Working Group (IWG)’s evaluation of various proposals to modify auditor independence rules.

Get your downloadable electronic copy.

Download Now

In September 2012, the Independence Working Group (IWG), one of three working groups comprising the Enhancing Audit Quality (EAQ) initiative, issued the discussion paper Enhancing Audit Quality: Canadian Perspectives — Auditor Independence.

The objectives of the paper were to:

  • develop a sound framework of guiding principles to help in the evaluation of the independence proposals put forward by various global bodies
  • focus on questions of auditor independence and its effect on audit quality
  • help inform and engage stakeholders in the global debate
  • present a balanced view of the IWG’s deliberations

You will learn about:

  • the meaning of “independence”
  • the current Canadian independence framework
  • the role of professional skepticism
  • relevant global proposals made in response to the financial crisis
  • guiding principles adopted by the IWG for the evaluation of those proposals
  • the consensus reached by the IWG on each of the proposals


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.