AASB Decision Summary – December 2-3, 2019

Start date:

End date:

Location: Toronto

On December 23, 2019, the Auditing and Assurance Standards Board (AASB) released an executive summary of discussions and decisions with respect to the topics addressed at this meeting.

The following topics were discussed at this meeting:

Canadian Auditing Standards (CASs)

  • Audits of Less Complex Entities
  • Group Audits
  • Identifying and Assessing the Risks of Material Misstatement
  • Quality Management

Assurance and Related Services Standards (other than CASs)

  • Agreed-upon Procedures
  • Extended External Reporting
  • Public Sector Auditing Standards


  • Annual Plan 2020-2021
  • Terms of Reference
  • Conforming Amendments to Canadian Standards

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

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