System of quality management call to action: Strengthening audit quality
This communication emphasizes the importance of culture to a firm’s system of quality management and provides preliminary observations on the implementation of the new quality management standards. An example is included.
CPAB's disclosure recommendations
The Canadian Public Accountability Board (CPAB) published its disclosure recommendations document, outlining planned changes to how we will disclose information about the results of our regulatory assessments. Our recommendations include both near-term changes to be implemented in 2023 and longer-term modifications which require changes to legislation or to our rules.
CPAB Exchange: Existence of crypto-assets
In this report of our Auditing in the Crypto-Asset Sector Insights series, we describe things that auditors should be considering when auditing the financial statements of reporting issuers that use custodians to safeguard their crypto-assets.
CPAB Exchange: Going concern thematic review
CPAB's going concern review discusses how auditors could more proactively assess going concern, highlights good practices and considers the alignment of accounting and auditing standards in the context of our findings.