Category Archives: Audit & Assurance Updates

AASB Decision Summary – October 16-18, 2017

Accounting, Audit and Assurance

At its recent meeting, the Board addressed a number of topics including Auditing Accounting Estimates, Auditor Reporting, Agreed-upon Procedures and Compilation Engagements. Read now! Visit TheGAAP.net daily to be kept up to date on accounting information, trends and changes. For years, TheGAAP.net has provided Accounting; articles, surveys, employment opportunities, resource recommendations and accounting services by some of the best known

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Perception or Reality:  Auditor Independence And Objectivity

Rocky J. Dwyer, PhD, FCPA, CPA, FCMA, CMA   Independence is considered by many to be of paramount importance to the effectiveness of the audit function and increasingly, the public, media critics and regulatory agencies have questioned if auditors are sufficiently independent of their clients in fact and appearance.  While the private and public sectors acknowledge the importance of auditor

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What topic would you like TheGAAP.net to present in one of our upcoming workshops?

ifrs_relevance

If we haven’t had that workshops topic before, and we choose your idea; we will award you two tickets to attend and an exclusive meet and greet with the founder of TheGAAP.net (Paul J. Calleri) shortly following the workshop. TheGAAP.net has just presented: Time Management Solutions for Increased Productivity in February and is back by popular demand on April the

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AASB is Hiring – Principal, Auditing and Assurance Standards

The AASB is seeking a professional accountant to join it’s highly skilled, and energetic team committed to developing auditing and other assurance standards for Canadian practitioners. Do you possess competencies in critical thinking, project management, communication, and interpersonal skills? Contact Claire Chester, Manager, CPA Canada for details or apply today. As reported by the Standard on April the 12th., 2017.

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DON’T FORGET! IAASB Survey – Work Plan for 2017-2018

The IAASB has issued a survey on its work plan for 2017-2018. Its purpose is to assist the IAASB in evaluating its priorities for 2017-2018 and allocating its resources in the best way possible. Canadian stakeholders are encouraged to respond to the IAASB by September 30, 2016. As reported by The Standard. The IAASB’s Survey Consultation, The IAASB’s Work Plan

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AASB 2015-2016 Annual Report – Looking to the Future

Looking to the Future Our Annual Report for the year ended March 31, 2016 provides the public with an account of our work done to serve the public interest by establishing high-quality standards and guidance that enable the public accounting profession to provide effective auditing, other assurance and related services. As reported by The Standard. This year’s report includes the

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What CPA accounting topic would you like TheGAAP.net to present in one of our upcoming workshops?

M&A Update

If we haven’t had that CPA accounting topic before, and we choose your idea; we will award you two tickets to attend and an exclusive meet and greet with the founder of TheGAAP.net (Paul J. Calleri) shortly following the workshop. TheGAAP.net has just presented: Time Management Solutions for Increased Productivity in February and is back by popular demand on April

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Auditing and Assurance Standards Board Decision Summary

Virtual Roundtable Discussions

This summary of decisions of the Auditing and Assurance Standards Board (AASB) has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussions on projects and other matters, which might change after further deliberations by the AASB. Decisions to publish exposure draft and Handbook material are final only after a formal voting

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Auditing and Assurance Standards Board Decision Summary

April 27, 2016 Update This summary of decisions of the Auditing and Assurance Standards Board (AASB) has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussions on projects and other matters, which might change after further deliberations by the AASB. Decisions to publish exposure draft and Handbook material are final only

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REMINDER! AASB Re-exposure Draft – Use of the Practitioner’s Communication or Name

The AASB has issued a Re-exposure Draft of a proposed new standard that would replace existing Section 5020, Association. Stakeholders are encouraged to submit their comments by May 13, 2016. As reported by The Standard. This Re-exposure Draft reflects proposals made by the Auditing and Assurance Standards Board (AASB). Individuals and organizations are invited to send written comments on the

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