Agreed-Upon Procedures – AASB
Date recorded:
At its meeting on January 23-24, 2020, the AASB discussed matters related to the adoption of ISRS 4400. Matters discussed included: (i) conforming amendments to Section 7200, Auditor Assistance to Underwriters and Others; and (ii) Canadian amendments to address the fact that Canadian Standard on Quality Control (CSQC) 1, does not apply to related services engagements. The AASB is expected to approve the Canadian equivalent standard of ISRS 4400 at its March 2020 meeting.
Review the executive summary on the AASB's Web site.