Responsibilities Related to Other Information - AASOC

Date recorded:

At its meeting on October 22, 2015 with the Auditing and Assurance Standards Oversight Council (AASOC) , the AASB discussed key issues related to the adoption in Canada of ISA 720 (Revised), including public interest issues regarding identifying in the audit report other information not yet received or reviewed at the time the auditor’s report is issued.

The AASB decided not to propose a Canadian amendment to deal with the issue of other information not yet received or reviewed at the time the auditor’s report is issued in its forthcoming exposure draft. Rather, the exposure draft will explain the issue and ask for input from respondents.

Review the minutes on the AASOC's Web site.

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