CPAB inspects all audit firms that audit reporting issuers in Canada.
Each year, CPAB inspects all firms that audit 100 or more reporting issuers. There are currently 14 firms in this category. CPAB also inspects, at least every two years, firms with between 50 and 99 reporting issuer audits. Over three years, the majority of the 163 Canadian audit firms registered with CPAB are inspected. Many of the foreign firms are subject to oversight by other audit regulators. These firms are inspected periodically based on CPAB's risk analysis.
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.
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.
CPAB releases 2014 Annual Report.
CPAB releases 2014 all firm inspections report; overall results positive.
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.
CPAB teamed up with Veritas Investment Research to discuss the state of auditing in Canada and financial reporting risks.
2013 Annual Report