FRASCanada
August 22, 2018
Resource, Webinar
Do you represent or advise a Canadian government not-for-profit organization? Are you a user of government not-for-profit entity financial statements? If so, get to know the latest results of the government-not-for-profit consultations and the actions PSAB has taken to address some of the issues raised. Tune in on October 29, 2018 (English only).
August 20, 2018
International Activity
Listen to this 60-minute IAASB webinar to understand how the proposed revisions to ISA 315 (Revised) aim to enhance the auditor’s procedures in identifying and assessing the risks of material misstatement, ultimately improving audit quality. Webinar available in English only.
August 14, 2018
August 14, 2018. Tune in to this webinar on September 26 (English) and September 28 (French) to learn about the AASB Exposure Draft for CSRS 4200, Compilation Engagements, and how you can provide input to our proposals.
August 14, 2018. Tune in to this webinar on October 17, 2018 (English) or November 7, 2018 (French) to learn about the key features of PSAB’s Statement of Principles, “A Revised Reporting Model for the Canadian Public Sector.”
August 14, 2018. Tune in to this webinar on October 15, 2018 (English) or November 5, 2018 (French) to learn about the key features of PSAB’s Statement of Concepts, “A Revised Conceptual Framework for the Canadian Public Sector.”
July 23, 2018
We are pleased to announce that Lisa French, CTO, International Integrated Reporting Council; Benjamin Yeoh, Sr. Portfolio Manager, RBC, Global Asset Management; and Trent W. Klein, Director — Finance, TELUS Corp, were appointed to IASB’s Management Commentary Consultative Group. The Group was established to advise the IASB as it develops proposals for updating its guidance on management commentary in financial reports.
Document for Comment
The AASB unanimously approved an exposure draft of a proposed new standard on compilation engagements to replace Section 9200, Compilation Engagements. Set to be issued September 4, 2018, comments will be due November 30, 2018. To support you in providing feedback, we are doing extensive outreach and will be issuing numerous plain language resources. Stay tuned for more!
The AASB unanimously approved a Canadian exposure draft of revised CAS 315. The exposure draft is based on the IAASB’s exposure draft of proposed changes to ISA 315, with no proposed Canadian amendments. Set to be issued September 7, 2018, comments will be due November 2, 2018. To support you in providing feedback, we are doing extensive outreach and will be issuing numerous plain language resources. Stay tuned for more!