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CPA Canada's Audit Quality Blog: PCAOB auditor reporting standards re-proposal

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Jun 27, 2016

On June 27, 2016, CPA Canada published a new entry to its audit quality blog designed to create an exchange of ideas on global audit quality developments and issues, and their impact in Canada. The PCAOB’s recent re-proposal provides a good indication of the future direction of U.S. auditor reporting standards, giving Canadian stakeholders a clearer understanding of what they need to prepare for as it relates to dual-listed companies.

The Canadian Auditing and Assurance Standards Board (AASB) has been watching to see the direction the United States will go with its auditor reporting standards.

The AASB is continuing its discussions on the adoption of the IAASB standards, and will take into account the U.S. developments in reaching its conclusions, which are expected later this year.

Read the blog entry on the CPA Canada's Web site.

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