Quality Control – AASB

Date recorded:

At its meeting on December 3-4, 2018, the AASB provided input to the CPA Canada nominee on the International Auditing and Assurance Standards Board (IAASB) about issues related to the IAASB’s project to adopt: proposed ISQM 1, proposed ISQM 2, and proposed ISA 220. The IAASB is expected to approve the exposure drafts of ISQM 1, ISQM 2, and ISA 220 at its December 2018 meeting. The AASB reviewed a draft Canadian exposure draft that it expects to approve in January 2019.

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

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