Audit Firms

During 2017, CPAB inspected 45 firms in total and 154 engagement files. For the 14 firms inspected annually, CPAB inspected 128 files and identified significant inspection findings in 15 of these files. In addition, CPAB inspected 26 files at 31 other firms and identified significant inspection findings in 13 files.

Ten other firms are subject to annual inspection because they audit over 100 reporting issuers; these firms represent 1.5 per cent of reporting issuers by market capitalization​.

The remaining firms, which are primarily subject to triennial inspection, represent 0.5 per cent of reporting issuers by market capitalization.

REPORT
2017 Annual Inspections Report

​2017 Annual Inspections Report.

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Posted: 27/03/2018
Posted: 27/03/2018 12:00:00 AM

CPAB
2017 Annual Report

​​​​CPAB releases 2017 Annual Report.

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Posted: 27/03/2018
Posted: 27/03/2018 12:00:00 AM

PUBLICATION
2017 Audit Quality Indicators Pilot Project – Summary Interim Report

​2017 Audit Quality Indicators Pilot Project – Summary Interim Report.

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Posted: 26/03/2018
Posted: 26/03/2018 12:00:00 AM

NEWS
2017 Financial Institutions Forum Highlights

​2017 Financial Institutions Forum Highlights.

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Posted: 25/03/2018
Posted: 25/03/2018 12:00:00 AM

NEWS
CPAB Board of Directors Introduces Carol Paradine as New Chief Executive Officer

CPAB Board of Directors Introduces Carol Paradine as New Chief Executive Officer. ​

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Posted: 30/01/2018
Posted: 30/01/2018 12:00:00 AM

REPORT
CPAB 2017 Big Four Public Report

​CPAB releases 2017 Big Four firm public inspections report.

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Posted: 27/11/2017
Posted: 27/11/2017 12:00:00 AM

NEWS
2017-2018 Audit Quality Projects

2017-2018 Upcoming Audit Quality Projects.​

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Posted: 27/11/2017
Posted: 27/11/2017 12:00:00 AM

PUBLICATION
2017 Oil & Gas Industry Forum Highlights

​2017 Oil & Gas Industry Forum Highlights.

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Posted: 26/11/2017
Posted: 26/11/2017 12:00:00 AM

PUBLICATION
2017 Real Estate Industry Forum Highlights

​2017 Real Estate Industry Forum Highlights.

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Posted: 26/11/2017
Posted: 26/11/2017 12:00:00 AM

PUBLICATION
2017 Mining Industry Forum Highlights

​2017 Mining Industry Forum Highlights.

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Posted: 26/11/2017
Posted: 26/11/2017 12:00:00 AM

PUBLICATION
2017 Audit Quality Symposium Key Messages

2017 Audit Quality Symposium Key Messages​.

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Posted: 27/07/2017
Posted: 27/07/2017 12:00:00 AM

CPAB
CPAB 2016 Annual Report

​​​CPAB releases 2016 Annual Report.

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Posted: 31/03/2017
Posted: 31/03/2017 12:00:00 AM

NEWS
CPAB 2016 Annual Inspections Report

​​CPAB releases 2016 Annual Inspections Report.

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Posted: 29/03/2017
Posted: 29/03/2017 12:00:00 AM

CPAB
2016 Audit Quality Indicators Pilot Project – Interim Report

This report outlines our current findings regarding AQIs based on observations of participants in CPAB’s 2016 AQI Pilot Project.  A summary is also available.

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Posted: 23/02/2017
Posted: 23/02/2017 12:00:00 AM

CPAB
2016 Audit Quality Indicators Pilot Project – Summary Interim Report

​This summary highlights observations of participants in CPAB’s 2016 AQI Pilot Project. The full report is also available.

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Posted: 23/02/2017
Posted: 23/02/2017 12:00:00 AM

REPORT
CPAB 2016 Big Four Public Report

​CPAB releases 2016 Big Four firm public inspections report.

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Posted: 28/11/2016
Posted: 28/11/2016 12:00:00 AM

NEWS
CPAB Protocol Feedback Survey results

​A summary of the results of the 2016 CPAB Protocol Feedback Survey.

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Posted: 22/11/2016
Posted: 22/11/2016 12:00:00 AM

REPORT
CPAB 2015 Annual Inspections Report

​CPAB releases 2015 Annual Inspections Report.

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Posted: 31/03/2016
Posted: 31/03/2016 12:00:00 AM

CPAB
CPAB 2015 Annual Report

​​CPAB releases 2015 Annual Report.

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Posted: 31/03/2016
Posted: 31/03/2016 12:00:00 AM

NEWS
2015 Stakeholder Survey

​CPAB’s 2015 Stakeholder Survey Summary of Results.

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Posted: 04/12/2015
Posted: 04/12/2015 12:00:00 AM

REPORT
CPAB 2015 Big Four Public Report

​CPAB releases 2015 Big Four firm public inspections report.

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Posted: 30/11/2015
Posted: 30/11/2015 12:00:00 AM

NEWS
Thoughts on the Future of External Auditing by James Goodfellow FCPA

​Audit regulators and the profession continue to enhance the reliability of statutory auditing. But is external auditing losing its relevance?

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Posted: 15/07/2015
Posted: 15/07/2015 12:00:00 AM

NEWS
IFIAR examines current trends in the audit industry

​This paper considers current trends in six key areas, with a particular focus in some areas on the global Big Four network firms.

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Posted: 15/07/2015
Posted: 15/07/2015 12:00:00 AM

CPAB
CPAB Special Report 2015: Auditing in Foreign Jurisdictions

​CPAB special report on inspections of audits of companies with operations in foreign jurisdictions, general improvement noted.

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Posted: 31/03/2015
Posted: 31/03/2015 12:00:00 AM

PUBLICATION
2014 Audit Quality Symposium Voting Results

​See how the 2014 Audit Quality Symposium participants voted on key questions relating to audit quality.

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Posted: 20/02/2015
Posted: 20/02/2015 12:00:00 AM

NEWS
CPAB Exchange: The Road Forward for International Auditing Standards

​CPAB’s Response to the IAASB’s Proposed Strategy for 2015-2019 and The IAASB’s Proposed Work Program for 2015-2016.

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Posted: 27/06/2014
Posted: 27/06/2014 12:00:00 AM

REPORT
EAQ Initiative: Enhancing Audit Quality: Conclusions and Recommendations
EAQ Initiative: Enhancing Audit Quality: Conclusions and Recommendations
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Posted: 30/05/2013
Posted: 30/05/2013 12:00:00 AM

REPORT
EAQ Role of the Audit Committee Report
To facilitate the performance of the annual assessment and the mandatory comprehensive review of the external auditor, the EAQ Role of the Audit Committee Working Group recommends ...
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Posted: 29/05/2013
Posted: 29/05/2013 12:00:00 AM

REPORT
EAQ Initiative: Auditor Independence Summary of Responses to Discussion Paper and Conclusions of the Auditor Independence Working Group
EAQ Initiative: Auditor Independence Summary of Responses to Discussion Paper and Conclusions of the Auditor Independence Working Group
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Posted: 28/05/2013
Posted: 28/05/2013 12:00:00 AM

REPORT
EAQ Initiative: Auditor Reporting Model Summary of Responses to Discussion Paper and Conclusions of the Auditor Reporting Working Group
The EAQ Auditor Reporting Model Working Group supports the inclusion of auditor commentary in the auditor’s report because it can give users useful information, and may lead to positive changes to financial statement disclosures and audit quality.
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Posted: 30/04/2013
Posted: 30/04/2013 12:00:00 AM

PUBLICATION
Top 10 Questions Audit Committees Should Ask Their Auditors
If you sit on an audit committee, here are CPAB's top 10 questions you should ask your auditor in connection with your 2013 audit.
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Posted: 15/04/2013
Posted: 15/04/2013 12:00:00 AM

PUBLICATION
2012 Audit Quality Symposium Summary
Key issues include the importance of identifying Canadian perspectives to address audit quality concerns; the importance of enhancing auditors’ professional skepticism and audit firm culture to improve audit quality
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Posted: 15/01/2013
Posted: 15/01/2013 12:00:00 AM

PUBLICATION
2012 Audit Quality Symposium Resolver Voting Graphs
See how 2012 Audit Quality Symposium participants voted on key questions relating to audit quality.
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Posted: 14/01/2013
Posted: 14/01/2013 12:00:00 AM

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