AASOC Decision Summary – July 8, 2019

Start date:

End date:

Location: Toronto

In December 2019, the Auditing and Assurance Standards Oversight Council released the minutes of its meeting.

The following topics were discussed at this meeting:

  • Chair’s Opening Remarks
  • AASB Update
    • Auditor Reporting
    • Communication of Key Audit Matters (KAM) in the Auditor’s Report
    • Identifying and Assessing Risks of Material Misstatement (ISA 315)
    • Audits of Less Complex Entities
    • Strategic Plan
  • Update on the Independence Standing Committee

Review the minutes on the AASOC's Web site.

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