Association - AASB

Date recorded:

At its meeting on January 18-19, 2016, the AASB unanimously approved a re-exposure draft of proposed CSOA 5000, Use of the Practitioner’s Communication or Name (formerly proposed to be titled Association). CSOA 5000 would replace Section 5020, Association. The re-exposure draft is expected to be issued in March 2016. The effective date of proposed CSOA 5000 would be for a practitioner’s consent provided on or after June 1, 2017. To ensure consistency in application, the re-exposure draft will propose to defer the effective date of Section 7170, Auditor’s Consent to the Use of the Auditor’s Report Included in a Business Acquisition Report, to reports issued on or after June 1, 2017 and, accordingly, defer withdrawal of Section 7500, Auditor’s Consent to the Use of the Auditor’s Report in Connection with Designated Documents.

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

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