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Using the Work of Internal Auditors August 26, 2010. The AASB has issued an Exposure Draft of Canadian Auditing Standard 610 (Revised), Using the Work of Internal Auditors, and related changes to certain paragraphs in CAS 315 (Revised), Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment, seeking comment on its proposal to adopt, with appropriate amendments, the equivalent ISAs. Comments, on the form provided, are requested by October 6, 2010. AASB August 18, 2010 Decision Summary August 26, 2010. An executive summary of discussions and decisions with respect to projects addressed in this meeting. Risk Alert, August 2010 August 16, 2010. This Risk Alert explains key changes to Section 7050, Auditor Review of Interim Financial Statements, relating to circumstances when an auditor is required to request that his or her interim review report containing a reservation be included in any public document containing the interim financial statements. Assurance Implications of the Changeover to IFRSs (4th edition) August 12, 2010. This publication provides guidance to auditors dealing with auditing and assurance matters arising from the changeover from existing Canadian GAAP to IFRSs. Reporting on Controls at a Service Organization, CSAE 3416 August 3, 2010. A Basis for Conclusions has been issued. Communications with Law Firms under New Accounting and Auditing Standards, AuG-46 August 3, 2010. A Basis for Conclusions has been issued. Audit Reporting Implications of New Auditing and Accounting Standards July 8, 2010 This publication provides guidance on audit reporting issues that may arise during the current period of change to new auditing and accounting standards. AASB Annual Report 2009-2010 July 8, 2010. The AASB reports on their activities and accomplishments, including CAS implementation guidance and other transition matters. AASB June 7-8, 2010 Decision Summary June 16, 2010. An executive summary of discussions and decisions with respect to projects addressed in this meeting. Invitation to Comment on IAASB Exposure Draft May 3, 2010. The AASB urges Canadian stakeholders to provide input to the IAASB Exposure Draft on proposed ISAE 3420, "Assurance Reports on the Process to Compile Pro Forma Financial Information Included in a Prospectus." The comment period ends August 20, 2010. Archived News |