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The world is going through a period of unprecedented change. The audit and assurance profession must innovate, collaborate, educate, adapt and experiment to evolve and advance the audit going forward.
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To stimulate the debate around the future of audit and assurance, Chartered Professional Accountants of Canada (CPA Canada) and the Institute of Chartered Accountants of Scotland (ICAS) convened an audit symposium in Toronto in November 2017 to bring together senior representatives from business, the profession and academia to discuss and explore possible solutions to some of the challenges that lie ahead.
The symposium ignited engaging dialogue and a summary of what we learned is provided in the report. Download to read about the discussions related to technology's impact on auditing, the profession's role in reporting key performance indicators and the skillset of the future auditor.
The day culminated in a call to action for all those involved in the areas of audit and assurance to:
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.