New Auditor Reporting - AASB

Date recorded:

At its meeting on April 14, 2015, the AASB unanimously approved an Invitation to Comment (ITC) on implementation considerations related to adopting the ISAs on auditor reporting as CASs. In light of the nature of the matters being considered in the ITC as well as the time required to undertake the ITC process, the AASB believes that the effective date of the final Canadian standards when adopted by the AASB will be later than the date selected by the IAASB.

Review the executive summary on the AASB's Web site.

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