Member: Auditing and Assurance Standards Oversight Council

Do you have an interest in helping protect the public interest by overseeing the auditing and assurance standard-setting process? Find out more!

Posting date:

August 18, 2016

Group description

The Auditing and Assurance Standards Oversight Council (AASOC) is an independent, volunteer body established in 2002 to serve the public interest by overseeing and providing input into the activities of the Auditing and Assurance Standards Board (AASB).

The council’s broad range of public interest perspectives is critical to ensuring the profession’s standards are fit for purpose in today’s environment.

Past and present members include:

  • the CEO of the Canadian Public Accountability Board
  • a senior director at the Office of the Superintendent of Financial Institutions
  • the chief accountant at the Ontario Securities Commission
  • senior lawyers and members in business and academia 

Requirements

AASOC is looking for candidates who are passionate about playing a public interest role and have:

  • some knowledge of the technical aspects of audit, other assurance and related services and independence standards
  • experience with financial reporting, audit and independence relevant to public companies, private companies, not-for-profit and/or governmental sectors
  • a background as a financial statement preparer, auditor, audit committee member, member in academia or another type of user perspective
  • the ability to work in English
Please note: You are not required to hold a professional accounting designation.

What’s in it for you:

  • Work with and debate issues of public interest with other prominent members of the Canadian business community to expand your personal network.
  • Learn about the role various organizations play to ensure investors and the public-at-large can rely on and trust audited financial statements.
  • Understand the process by which audit, other assurance and independence standards are established.
  • Recognize the challenges involved in setting standards that apply to both large and small entities, and the implications of these challenges on oversight.
  • Have the opportunity to give back, while gaining in-depth knowledge and experience.
  • Use the opportunity to become a better board member.

 Commitment:

  • You must attend four meetings a year, three of which take place in Toronto and one other in another Canadian city.
  • You will be asked to observe an AASB meeting and/or a Public Trust Committee Independence Task Force meeting during your term.
  • This is a volunteer position, although it includes reimbursement for travel and other relevant costs.

How to apply

Please send an email to Jacqui Kuypers CPA, CA, with your resume. Apply by September 9, 2016.

We thank you for your interest however only those selected for follow-up will be contacted. We will keep your resume on file for any future volunteer possibilities.

Highlights

Gain practical organizational insights and learn from industry experts at this annual event for not-for-profit financial leaders.