Canada proposes audit convergence with ISAs

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26 Nov 2005

The Canadian Auditing and Assurance Standards Board (AASB) has issued an invitation to comment on its proposed new standard-setting approach for the period 1 April 2006 to 31 March 2009. The proposed new approach envisions the convergence of Canadian Auditing and Assurance standards with the International Standards on Auditing (ISAs) and pronouncements of the International Auditing and Assurance Standards Board (IAASB) in the medium term.

Comments requested by 14 March 2006. Click to Download the Invitation to Comment titled Auditing and Assurance Standards in Canada–Maintaining high standards in a global environment: A new standard-setting approach (PDF 516k).

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