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Update of Public Sector Auditing Standards - AASB

Date recorded:

At its meeting on May 3, 2018, the AASB discussed consequential amendments to Canadian Standard on Related Services (CSRS) 4460, Reports on Supplementary Matters Arising from an Audit or a Review Engagement, that would address comments respondents raised on the Exposure Draft of Assurance and Related Services Guideline (AuG) 49, Reporting on Compliance with Specified Authorities for Transactions Coming to the Auditor’s Notice during the Audit of Financial Statements. The Board supported the proposed amendments, with minor revisions. AuG-49 and the final wording of the consequential amendments will be brought to the Board for approval at a future date.

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

Correction list for hyphenation

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