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Learn about the changes proposed to the current Canadian Standard on Assurance Engagements (CSAE) 3416, Reporting on Controls at a Service Organization, and the timeline to respond to the recently issued exposure draft (ED).
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CPA Canada has issued this Audit and Assurance Alert to raise awareness of the recent exposure draft issued by the Auditing and Assurance Standards Board (AASB) in December 2018, which highlights significant proposed changes to the current CSAE 3416, Reporting on Controls at a Service Organization. These engagements are commonly referred to as SOC 1 engagements.
Practitioners who prepare CSAE 3416 reports or who use CSAE 3416 reports as audit evidence (e.g., service auditors' reports) are strongly encouraged to read the ED to familiarize themselves with the proposed changes and to consider and provide feedback to the AASB on how they expect these changes will be applied in practice. Comments to the AASB must be received by February 28, 2019.
This event has multiple dates and locations. See event details for more information.
Join this hackathon and challenge yourself to harness data and technology to disrupt traditional financial analysis. Gather with diverse and innovative professionals and students. Work in teams and win cash for creative ideas.
September 23, 2019
Canada’s dynamic, must-attend CPA event of the year is heading to Montréal with the theme of innovation for sustainability.
September 10, 2019
Learn about global digital reporting developments and how investors, lenders, and regulators are leveraging technology and interactive data to access and analyze financial information.