AASB: Revised JPS concerning communications between Auditors and Actuaries approved

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Feb 01, 2023

On February 1, 2023, the Au­dit­ing and As­sur­ance Stan­dards Board (AASB) announced that the revised Joint Policy Statement (JPS), effective for communications between the auditor and the actuary involved in the preparation of financial statements that are initiated on or after March 31, 2023, has been approved by both the Canadian Actuarial Standards Board and by the AASB. Early application is permitted.

A copy of the revised JPS can be obtained on the AASB’s website.

The JPS will be added to the CPA Canada Handbook, Assurance shortly, as an appendix to CAS 500, Audit Evidence.


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