CPAB 2017-2018 Audit Quality Projects

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Nov 27, 2017

On November 27, 2017, the Canadian Public Accountability Board (CPAB) announced that in 2017-2018, they plan to launch two new projects: (i) comprehensive review of the auditor; and (ii) audit committee communications.

The project objectives include:

Comprehensive review of the auditor

  • Better understand the challenges around auditor evaluation
  • Identify best practices in performing a comprehensive review for sharing with the audit firm, audit committee and preparer communities
  • Obtain feedback on the current comprehensive review tools and guidance

Audit committee communications

  • Better understand the quality and efficacy of communications between auditors and audit committees through multi-stakeholder dialogue and case study analysis
  • Identify best practices that can be broadly shared with audit firms, audit committees and preparers

Review the announcement on the CPAB's website.

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