Insights

Audit quality is challenging for audit committees to measure and evaluate. Audit Quality Indicators respond to this issue by providing quantitative measures of aspects of the external audit.

The cannabis industry is bringing new audit and financial reporting challenges to Canada.

We encourage a comprehensive approach by auditors in addressing the specific audit risks that are unique to the crypto-asset sector.

CPAB is requesting input into potential changes to the information that we disclose about the results of our regulatory assessments.

On the matter of access to audit work performed outside of Canada, CPAB continues to experience barriers as we conduct our inspections.

CPAB is exploring how well auditors are complying with auditing and ethical standards requirements to detect and respond to fraud.

Stakeholders are asking if auditors are doing enough to identify and report on companies at risk of insolvency.

Audit committees play a pivotal role in enhancing audit quality.

CPAB is exploring how auditors are addressing the impact of climate-related risks in their financial statement audits.

The use of technology is changing how audits are being performed.