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Canadian securities regulators adopt amendments to the auditor oversight rule

  • Securities - CSA Image

Jul 17, 2014

On July 17, the Canadian Securities Administrators published final amendments to NI 52-108, Auditor Oversight, which alter the “triggers” for when an audit firm must notify securities regulators about significant remedial actions imposed on the firm by the Canadian Public Accountability Board.

The amendments will increase transparency to securities regulators regarding CPAB concerns with the quality of audits of reporting issuers.

Review the final amendments.

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