Updated in the last 3 months - Assurance
| Title | Description | Last step | Date Added |
|---|---|---|---|
| Audits of less complex entities – Phase II [Completed] | This project addresses the challenge of applying the CASs to audits of LCEs, including whether to pursue a separate standard for audits of LCEs in Canada. | Completed | May 31, 2024 |
| Future-Oriented Financial Information (Possible Amendments to AuG-6 and AuG-16) [Research] | This project will determine what authoritative guidance, if any, is needed in the CPA Canada Handbook to address assurance matters pertaining to future-oriented financial information. | Research | Apr 30, 2024 |
| IAASB - Integrated Project on Audit Evidence and Risk Response [Research] | The International Auditing and Assurance Standards Board (IAASB) has commenced its work on the risk response workstream of the Integrated Project on Audit Evidence and Risk Response, Including a Focus on Technology and Internal Control. During the first quarter of 2024, focus was on initial information-gathering activities, including reviewing responses to prior IAASB consultations, reviewing an initial selection of recent regulatory inspection reports, coordinating with the Audit Evidence Task Force and the Technology Consultation Group, and obtaining input from the Risk Response Project Focus Group. | Jun 03, 2024 | |
| PCAOB – Firm Reporting [ED] | On April 9, 2024, the Public Company Accounting Oversight Board (PCAOB) issued for public comment a proposal regarding the PCAOB framework for collecting information from audit firms. The Firm Reporting proposal would, if adopted, amend the PCAOB’s annual and special reporting requirements to facilitate the disclosure of more complete, standardized, and timely information by registered public accounting firms. | Apr 30, 2024 |