Media

2024 News Releases

The Canadian Public Accountability Board (CPAB) today announced that its Board of Directors has approved a new three-year strategic plan, Strategic Plan 2025-2027 – Protecting investors: audit regulation in an evolving environment.
CPAB releases 2024 interim inspections results.
CPAB publishes 2023 annual report.
CPAB announces the appointment of Richard Payette, FCPA, GCB.D, as Chair and Alice Laberge, F.ICD, as Vice-Chair of the Board of Directors, effective March 16, 2024.

2023 News Releases

On October 26th, the Canadian Public Accountability Board (CPAB), the Office of the Superintendent of Financial Institutions (OSFI) and the Canadian Securities Administrators (CSA) co-hosted the Canadian Audit Quality Roundtable in Toronto.
The Canadian Public Accountability Board (CPAB), Canada’s public company audit regulator, released its interim public report on its 2023 audit quality assessments.
The Canadian Public Accountability Board (CPAB), Canada’s public company audit regulator, today launched a public consultation to gather feedback on proposed information disclosure rule changes. CPAB has issued a consultation paper to solicit feedback.
The Canadian Public Accountability Board (CPAB), Canada’s public company audit regulator, is pleased to announce the appointment of Sophia Tsui, CPA, CA, as director.
CPAB thanks Bruce Jenkins for his immense contributions to the board.
In its 2022 annual report, published today, the Canadian Public Accountability Board (CPAB) provides an update on its strategic initiatives and insights into its regulatory oversight of audit firms that audit Canadian reporting issuers.
CPAB is pleased to share that the Institute of Corporate Directors has selected CPAB’s Board Chair Benita Warmbold as a Fellow of the Institute of Corporate Directors (F.ICD).

2022 News Releases

On October 20th, the Canadian Public Accountability Board (CPAB) and the Office of the Superintendent of Financial Institutions (OSFI) co-hosted a roundtable on audit quality with the Canadian Securities Administrators (CSA) in Toronto.
Insights from our audit quality assessments and observations regarding the new quality management standards, auditor independence and objectivity, our activities on firm culture and thematic reviews on climate, fraud and going concern.
CPAB published its disclosure recommendations document, outlining planned changes to how we will disclose information about the results of our regulatory assessments.
CPAB is pleased to announce the appointment of Dr. Chika Onwuekwe, Q.C., as director.
CPAB, Canada’s public company audit regulator, is pleased to announce the appointment of Mary Lou Maher, FCPA, FCA, as director.
The Canadian Public Accountability Board (CPAB), Canada’s public company audit regulator, published its 2021 annual report today, along with its annual regulatory oversight report.
The Canadian Public Accountability Board (CPAB), Canada’s public company audit regulator, commends the Canadian Securities Administrators’ (CSA) amendments to National Instrument 52-108 (CPAB’s governing document) to improve CPAB’s access to audit working papers in foreign jurisdictions.

2021 News Releases

The Canadian Public Accountability Board (CPAB) today announced that its Board of Directors has approved a new three-year strategic plan, Strategic Plan 2022-24: Enhancing confidence in Canada’s public company audits, outlining the next steps in our strategic focus to drive for higher quality audits in Canada.
The Canadian Public Accountability Board (CPAB) and the Office of the Superintendent of Financial Institutions (OSFI) co-hosted a virtual Roundtable meeting on October 22 with the Canadian Securities Administrators (CSA) representatives. Together, they discussed ways to contribute to continued public confidence in external audit quality in Canada. This work supports a sound Canadian financial system.
The Canadian Public Accountability Board (CPAB) released its interim public report on its 2021 audit quality assessments, including observations on the impact of the COVID-19 pandemic on public company audits and our inspection results related to the implementation of the new estimates standard for 2020 audits.
The Canadian Public Accountability Board (CPAB), Canada’s public company audit regulator, today launched a public consultation to gather input and invite a dialogue on potential changes to the regulatory assessment information it releases to the public.
The Canadian Public Accountability Board (CPAB) thanks departing board members Guy Frechette and Sheila Fraser for their immense contributions to the CPAB board.
The Canadian Public Accountability Board (CPAB), Canada’s public company audit regulator, is pleased to announce the appointment of Richard Payette, FCPA, FCA as director.
The Canadian Public Accountability Board (CPAB) is saddened to hear of the passing of our past CEO, Brian Hunt.

2020 News Releases

The Canadian Public Accountability Board (CPAB) released its interim public report on its 2020 audit quality assessments, including initial observations on the impact of the pandemic on public company audits.
The Canadian Public Accountability Board (CPAB), Canada’s public company audit regulator, is pleased to announce the appointment of Don G. Chynoweth as director.

2019 News Releases

Regulator releases annual report on audits of Canadian public companies
Audit regulator announces new board Chair, Vice Chair; appoints two new Directors
Canadian Public Accountability Board announces 2019-2021 strategic plan to accelerate audit quality in Canada

2018 News Releases

Canada’s audit regulator releases 2018 fall inspections report
Canada’s audit regulator releases annual public report on accounting firm inspections
CPAB Board of Directors Introduces Carol Paradine as New Chief Executive Officer

2017 News Releases

Canada’s audit regulator releases annual public report on Big Four accounting firm inspections
Canada’s audit regulator reports overall decrease in significant inspection findings in 2016; consistent audit execution remains a challenge

Media Contact

Alexandra Galanis
Communications Manager
(416) 941-2506
alexandra.galanis@cpab-ccrc.ca

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