Auditor’s Consent to the Use of the Auditor’s Report in Connection with Designated Documents - AASB
Date recorded:
At its meeting on December 4-5, 2017, the AASB discussed the Securities Regulations Advisory Group’s proposed changes to expand the scope of Section 7170,Auditor's Consent to the Use of the Auditor's Report Included in a Business Acquisition Report, to include material from Section 7500, Auditor’s Consent to the Use of the Auditor’s Report in Connection with Designated Documents. The Board reviewed a preliminary draft of the standard, including:
- the scope of the standard;
- proposed changes to the auditor’s work effort on performing interim review procedures to identify intervening period events;
- which terms should be defined to enhance the clarity of the standard; and
- potential illustrative reports.
Review the executive summary on the AASB's Web site.