CPAB Express – Existence of crypto-assets held by third parties
Aug 19, 2022
On August 19, 2022, the Canadian Public Accountability Board (CPAB) released a bulletin that highlights their concerns about the quality of evidence that some auditors are obtaining when auditing the existence of crypto-assets held in custody by third parties.
The bulletin describes things that CPAB believes auditors should be considering when auditing the financial statements of reporting issuers that use custodians to safeguard their crypto-assets.
Review the bulleting on the CPAB’s website.