Audits of Less Complex Entities – Progress Toward a Solution

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Sep 13, 2022

On September 13, 2022, the Auditing and Assurance Standards Board (AASB) provided an update on its progress to finding a solution for practitioners in applying Canadian Auditing Standards to audits of less complex entities.

This update includes:

  • overview of Discussion Paper respondents;
  • what you told us;
  • what we are doing now; and
  • what assistance is available now

Review the report on the AASB's website.

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