Media
Canadian Public Accountability Board Publishes 2022 Annual Report
TORONTO, April 3, 2022 – 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 engages with other audit regulators and standard setters in Canada and abroad to help shape discussions and outcomes relating to the evolution of the audit. In 2022, CPAB contributed to the conversation through the publication of thematic reviews on fraud and going concern, engaging with standards setters on revising and drafting new standards, as well as a report on the use of custodians to safeguard crypto assets . CPAB is also assessing how auditors are considering climate-related factors in their audits.
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About CPAB
The Canadian Public Accountability Board (CPAB) is Canada’s independent, public company audit regulator. Charged with overseeing audits performed by registered public accounting firms, CPAB contributes to public confidence in the integrity of financial reporting. CPAB promotes audit quality through proactive regulation, dialogue with domestic and international stakeholders, and practicable insights to inform capital market participants. CPAB has offices in Montreal, Toronto and Vancouver.
For more information, contact:
Media Contact
Alexandra Galanis
Communications Manager
(416) 941-2506
alexandra.galanis@cpab-ccrc.ca
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