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Learn about the recently revised Section 7170, addressing the auditor's responsibilities when responding to requests to consent to the use of the auditor's report in connection with designated documents.
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This Audit and Assurance Alert raises awareness of revised Section 7170, Auditor's Consent to the Use of the Auditor's Report in Connection with a Designated Document, issued in March 2019. This revised standard replaces extant Section 7170 and Section 7500. These requirements come into effect as of, and are applicable to, an auditor's consent provided on or after June 1, 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.