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AASB January16-17, 2012 Decision Summary January 26, 2012. An executive summary of discussions and decisions with respect to projects addressed in this meeting. Reporting Implications of New Auditing and Accounting Standards (7th edition) January 25, 2012. This publication provides guidance on reporting issues that may arise during the current period of change to new auditing and accounting standards. Authority of Guidelines Issued by the AASB January 17, 2012. The AASB has issued an Exposure Draft seeking comments on its proposal to revise various Handbook pronouncements to clarify the status and authority of Assurance and Related Services Guidelines and non-authoritative material. Comments, on the form provided, are requested by April 15, 2012. Withdrawal of AuG-19, AuG-32 and AuG-39 January 17, 2012. The AASB has issued an Exposure Draft seeking comments on its proposal to withdraw three Assurance and Related Services Guidelines. Comments, on the form provided, are requested by April 15, 2012. NPO Director Alert — New Canada Not-for-Profit Corporations Act January 10, 2012. The corporate legislation that governs charities and not-for-profit organizations has changed, which may affect entities' requirements for assurance on their financial statements. Public accountants are encouraged to talk with their clients regarding this legislation’s impact. Economic Conditions Continue to Challenge Preparers and Auditors Alike January 6, 2012. The IAASB recently issued a press release to remind auditors that management’s use of the going concern assumption should be considered on every audit engagement. The matters discussed are useful to auditors in Canada. AASOC Public Report for the period ending August 31, 2011 December 20, 2011. The AASOC reports on its activities for the period ending August 31, 2011. AASB November 28-29, 2011 Decision Summary December 13, 2011. An executive summary of discussions and decisions with respect to projects addressed in this meeting. Chair’s Message on Auditing in Emerging Markets December 8, 2011. The Chair of the AASB’s Message asks auditors to consider important issues when auditing companies with most or all of their operations in an emerging market country. Commenting in a Comfort Letter on Pro Forma Financial Statements December 2, 2011. A Basis for Conclusions has been issued. Standards Affected by Changes in Canadian Securities Regulations December 2, 2011. A Basis for Conclusions has been issued. Reporting Implications of New Auditing and Accounting Standards (6th edition) November 15, 2011. This publication provides guidance on reporting issues that may arise during the current period of change to new auditing and accounting standards. Reporting Under New Auditing and Accounting Standards — Webinar November 9, 2011. Take part in a free webinar on Monday, November 21, 2011 at 12:30 EDT in English, or Tuesday, December 6, 2011 at 12:30 EDT in French. This webinar will summarize the recent changes to the reporting guide, Reporting Implications of New Auditing and Accounting Standards, highlight recent auditor report research findings and clarify some complex reporting issues. AASB October 18, 2011 Decision Summary November 1, 2011. An executive summary of discussions and decisions with respect to projects addressed in this meeting. AASB Annual Report 2010-2011 October 27, 2011. The AASB reports on its activities and accomplishments, including CAS implementation guidance and other transition matters. AASB September 12-14, 2011 Decision Summary September 27, 2011. An executive summary of discussions and decisions with respect to projects addressed in this meeting. Assurance Implications of the Changeover to IFRSs (8th edition) September 8, 2011. This publication provides guidance to auditors dealing with auditing and assurance matters arising from the changeover from existing Canadian GAAP to IFRSs. AASB August 26, 2011 Decision Summary September 6, 2011. An executive summary of discussions and decisions with respect to projects addressed in this meeting. Archived News |