Enhancing audit quality

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Learn about an exposure draft published by the AASB that aims to adopt international changes to quality control standards. How will it affect Canadian firms?

Download our handy guide for a summary of CPA Canada's audit and assurance resources, including alerts, briefings, implementation tools, guides and webinars. This non-authoritative guidance covers topics including auditing and assurance standards and audit data analytics.

Download our reporting guide, which aims to promote consistency in practitioners' reports by providing guidance for commonly occurring reporting circumstances.

Through effective oversight, audit committees contribute to the audit’s overall quality while safeguarding the external auditor’s independence. Learn more about audit committee responsibilities, as well as activities and best practices to meet those responsibilities.

An essential resource for performing high-quality, cost-effective assurance and compilation engagements for small and medium-sized entities, the PEG provides valuable guidance to help practitioners consistently apply the professional standards.

Take advantage of this useful step-by-step guide that will help audit committees and management identify relevant AQIs, and understand how they can be used to spark discussions about improving audit quality.

Learn about the work of two members of the CPA Canada Audit Data Analytics Committee related to using R to perform entry level ADAs.

The IAASB is initiating a project to explore challenges in auditing small and medium-sized entities (SMEs). Canadian auditors are encouraged to contribute to the consultation paper, expected later this year.

Purchase the CPA Canada Guide to Audit Data Analytics, which is designed to assist and encourage practitioners to make use of technology-based data analytics in the audit of financial statements.

This webinar discusses current developments that will affect your firm, including the review engagement standard, the redeemable preferred shares standard, proposed restrictions to income splitting and how technology can help automate your practice.

Find out about changes to ASPE, new and revised assurance standards as a result of new auditor reporting, tax issues relating to property division on relationship breakdown and the features of Knotia.

Download our handy guide, which aims to help practitioners in conducting review engagements in compliance with Canadian Standard on Review Engagements (CSRE) 2400, Engagements to Review Historical Financial Statements.

Are you current on the key developments that affect your practice?

Concerns about the application of professional skepticism in audits continue. Will strengthening our ethical principles or demonstrating how professional judgment was applied help make the difference?

Emerging technologies and an explosion of available data have led the audit profession to a turning point. As an auditor, you need to keep pace with this technology and leverage it to deliver a more insightful audit.

The chair and vice-chair of the AASB invite you to comment on the AASB’s draft strategic plan for 2016-2021. Pass this on to others you think should also weigh in.

Comparing data from 35 countries, KPMG’s survey findings offer insights that audit committees, management teams and auditors can use to sharpen their committee’s focus, benchmark its responsibilities and practices, and strengthen its oversight going forward.

Chartered Professional Accountants of Canada (CPA Canada) and the Institute of Chartered Accountants in England and Wales (ICAEW) collaborated in a think-tank session to chart the future of audit and assurance disciplines.

Learn more about the EAQ initiative, which was a transparent consultation process to gain Canadian stakeholder input on emerging issues with respect to enhancing audit quality globally, and the impact on Canada.

There is increasing recognition of the relevance of materiality and risk to a wider scope of assurance engagements. Learn how to reduce the likelihood of not detecting material misstatements.

Are you ready for busy season? This webinar will help you organize your workflow and get prepared for your audit and review engagements.

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