Please choose between the following three options for navigation.
Learn about the Exposure Draft (ED) issued by the Auditing and Assurance Standards Board (AASB) in January 2019 highlighting proposed revisions relating to the communication of key audit matters in the auditor's report.
Get your downloadable electronic copy.
This alert raises awareness about the recent ED issued by the AASB in January 2019, highlighting proposed revisions to CAS 700, Forming an Opinion and Reporting on Financial Statements, relating to the communication of key audit matters (KAM) in the auditor's report.
The ED proposes to expand the communication of key audit matter reporting to listed entities other than those listed on the TSX, and entities required to comply with NI 81-106.
The draft provides an opportunity for all stakeholders, such as regulatory bodies, stock exchanges, preparers, directors, auditors and users of the auditor's report to influence the revisions to CAS 700 by providing comments to the AASB on the proposals. Comments to the AASB must be received by May 15, 2019.
It’s said that a crisis brings out the best in people and, in most cases, that’s true. But there is a dark side to tough times, as fraudsters prey on people who are uncertain and looking for easy answers.
March 18, 2020
The federal government’s actions and fiscal support to address the widespread and devastating economic fallout of the COVID-19 pandemic are welcomed by Chartered Professional Accountants of Canada (CPA Canada).
Listen to this special edition Practitioner’s Pulse webinar where we answer some frequently asked questions around practice management issues and some key financial reporting and auditing implications of COVID-19.