This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Update of Public Sector Auditing Standards - AASB

Date recorded:

At its meeting on January 25-26, 2018, the AASB reviewed comments received from Canadian stakeholders on the Exposure Draft of AuG-49, Reporting on Compliance with Specified Authorities for Transactions Coming to the Auditor’s Notice during the Audit of Financial Statements. Key issues discussed included: (i) whether to make consequential amendments to CSRS 4460, Reports on Supplementary Matters Arising from an Audit or a Review Engagement, to address engagements under PS 5300, Auditing for Compliance with Legislative and Related Authorities in the Public Sector, paragraphs .17-.24; and (ii) the effective date of AuG-49 and whether to allow for early application. The Board reviewed changes made to AuG-49 in response to the comments received. The final Guideline is anticipated to be approved in the spring of 2018.

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

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.