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AASB Decision Summary – March 7- 8, 2016

Start date:

End date:

Location: Toronto

On March 16, 2016, the Auditing and Assurance Standards Board (AASB) released an executive summary of discussion and decisions with respect to the topics addressed at this meeting.

The following topics were discussed:

Canadian Auditing Standards (CASs)

  • Auditing Accounting Estimates
  • Auditor Reporting
  • Enhancing Audit Quality
  • Identifying and Assessing the Risks of Material Misstatement
  • Responsibilities Related to Other Information

Assurance and Related Services Standards (other than CASs)

  • Agreed-upon Procedures
  • Compilation Engagements
  • Public Sector Auditing Standards
  • Special Reports – Assurance on Compliance with Agreements, Statutes and Regulations

AASB Planning

  • AASB Operating Plan 2016-2017
  • AASB Strategic Plan 2016-2021

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

Related Topics

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