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Learn more about the background of the Enhancing Audit Quality (EAQ) initiative, including why the initiative was formed and how it helped to improve audit quality.
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In response to the financial crisis in 2008-09, many stakeholders around the world considered changes to the financial system to promote stability and reduce risk. As auditors play a key role to provide assurance on sound financial reporting, several global initiatives arose to look at ways to improve audit quality.
As it was important for Canadian business leaders to develop views and solutions that would work best for Canada and influence the global discussion, Chartered Professional Accountants of Canada (CPA Canada) and the Canadian Public Accountability Board (CPAB) created the EAQ initiative. Our document Enhancing Audit Quality Backgrounder provides important insights about how and why the EAQ initiative launched.
Canada’s accounting and auditing standards boards have a lot going on. Make sure you stay up to date on changes and get involved in standards development through the boards’ webinars and events.
November 26, 2019
Innovative improvements and emerging technologies are shaping the future of oil and gas. Find out how at this annual, industry-driven conference for CPAs and financial professionals who work in Canadian energy.
December 9, 2019
We’re living in an age of digital transformation – and companies need skilled leaders on boards and committees who are up to the challenge. Harness the opportunities that change can bring at this must-attend annual event.