Regulatory Insights and Standard Setting Engagement

CPAB supports high-quality auditing by actively engaging with standard setters, regulators, and other stakeholders in Canada and internationally. Through these activities, CPAB shares insights from its regulatory oversight work and helps inform standards, guidance, and regulatory initiatives that protect investors and strengthen confidence in financial reporting. This engagement supports CPAB's strategic objective of influencing positive change in audit quality.

In Canada

In Canada, CPAB engages with standard setters, securities regulators, and other stakeholders to share insights from its regulatory oversight activities. CPAB's engagement helps inform discussions on proposed auditing and assurance standards, implementation challenges, and emerging issues affecting audit quality. CPAB is represented on the Reporting and Assurance Standards Oversight Council (RASOC) and maintains ongoing engagement with the Auditing and Assurance Standards Board (AASB), the Accounting Standards Board (AcSB), the Canadian Securities Administrators (CSA), and other stakeholders. CPAB also contributes to consultations, roundtables, and comment letter processes on significant domestic and international projects.

Internationally

CPAB contributes to the development of global auditing, ethics, quality management, and sustainability assurance standards through its leadership within the International Forum of Independent Audit Regulators (IFIAR). CPAB currently chairs IFIAR's Standards Coordination Working Group (SCWG), which coordinates regulator perspectives on significant international standard-setting projects. CPAB also chairs IFIAR's Technology Task Force, facilitating discussions on emerging technologies and engaging in dialogue on their implications for audit quality, oversight and standard-setting. Through these leadership roles, CPAB helps bring Canadian regulatory insights to international discussions while supporting the development of globally consistent, high-quality standards.