During 2016, CPAB inspected 45 firms in total and 167 engagement files. For the 14 firms inspected annually, CPAB inspected 135 files and identified significant inspection findings in 24 of these files. In addition, CPAB inspected 32 files at 31 other firms and identified significant inspection findings in 19 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.
2017 Audit Quality Symposium Key Messages.
CPAB releases 2016 Annual Report.
CPAB releases 2016 Annual Inspections 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.
This summary highlights observations of participants in CPAB’s 2016 AQI Pilot Project. The full report is also available.
CPAB releases 2016 Big Four firm public inspections report.
A summary of the results of the 2016 CPAB Protocol Feedback Survey.
CPAB releases 2015 Annual Inspections Report.
CPAB releases 2015 Annual Report.
CPAB’s 2015 Stakeholder Survey Summary of Results.
CPAB releases 2015 Big Four firm public inspections report.
Audit regulators and the profession continue to enhance the reliability of statutory auditing. But is external auditing losing its relevance?
This paper considers current trends in six key areas, with a particular focus in some areas on the global Big Four network firms.
CPAB releases 2014 Annual Report.
CPAB releases 2014 all firm inspections report; overall results positive.
CPAB has produced a summary to its 2014 all firm inspections report called Highlights For Audit Committees with content of particular interest to audit committee members.
CPAB special report on inspections of audits of companies with operations in foreign jurisdictions, general improvement noted.
2014 Audit Quality Symposium Summary.
See how the 2014 Audit Quality Symposium participants voted on key questions relating to audit quality.
2014 Audit Quality Symposium Pre-Reads.
CPAB releases 2014 Big Four Public Report, audit quality improving.
CPAB Public Report on 2014 Inspections of the Quality of Audits Across Canada’s Big Four Accounting Firms: Highlights.
Join the conversation about audit quality matters and key activities to enhance audit quality.
weighs in on KPMG audit quality panel – ongoing challenges in a shifting global
CPAB teamed up with Veritas Investment Research to discuss the state of auditing in Canada and financial reporting risks.
CPAB’s Response to the IAASB’s Proposed Strategy for 2015-2019 and The IAASB’s Proposed Work Program for 2015-2016.
This webinar reviews the guidance, tools and Protocol for audit committee oversight activities, emphasizing the director perspective, what this means for audit committees and their communications with auditors.
This publication outlines four key areas CPAB believes audit firms need to focus on to improve audit quality in a sustainable manner.
CPAB presents its 2013 inspections findings and 2014 Outlook.
CPAB, CPA Canada and ICD weigh in on European audit reform
CPAB and CPA co-host webinar on guidance, tools and communications Protocol – and what it all means for auditors and their communications with the audit committee
2013 Annual Report