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Audit and assurance alert: Significant revisions to the joint policy statement

Published on: May 20, 2016

Learn about significant changes in the revised Joint Policy Statement (JPS), which is effective for inquiry letters dated on or after December 1, 2016.

This CPA Canada Audit and Assurance Alert notifies practitioners of significant revisions to the Joint Policy Statement (JPS) that assists auditors and law firms, together with financial statement preparers, to communicate effectively with respect to claims and possible claims as part of an audit of financial statements. The revised JPS is effective for inquiry letters dated on or after December 1, 2016.

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Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.