News & Publications

NEWS
IFIAR Elects Brian Hunt Chair of first Board

​IFIAR Elects Brian Hunt Chair of first Board

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Posted: 18/04/2017

CPAB
CPAB 2016 Annual Report

​​​CPAB releases 2016 Annual Report.

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Posted: 31/03/2017

NEWS
CPAB 2016 Annual Inspections Report

​​CPAB releases 2016 Annual Inspections Report.

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Posted: 29/03/2017

NEWS
CPAB Industry Forum Highlights – Financial Institutions

​CPAB held its first Financial Institutions Industry Forum on January 20, 2017 for audit committee chairs serving the boards of banks and insurance companies in Canada.

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Posted: 21/03/2017

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

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

NEWS
CPAB 2016 Big Four Public Report says significant findings decrease but consistency still a challenge

​CPAB 2016 Big Four Public Report says significant findings decrease but consistency still a challenge.

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Posted: 28/11/2016

PUBLICATION
Access to Foreign Jurisdictions

​Foreign Jurisdictions where CPAB is unable to access Working Papers.

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Posted: 28/11/2016

REPORT
CPAB 2016 Big Four Public Report

​CPAB releases 2016 Big Four firm public inspections report.

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Posted: 28/11/2016

REPORT
CPAB 2016 Big Four Public Report: Highlights for Audit Committees

​CPAB 2016 Big Four Public Report: Highlights for Audit Committees.

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Posted: 28/11/2016

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

NEWS
Industry Insights – Oil & Gas

​Part of CPAB’s Industry Insight series for audit committees, an overview of common areas of focus for an audit of a company operating in the oil & gas industry.

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Posted: 11/11/2016

NEWS
CPAB Oil & Gas Industry Forum Highlights

​CPAB held its first Oil & Gas Industry Forum for audit committee chairs serving on the boards of publicly traded oil and gas companies in Canada.

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Posted: 11/11/2016

NEWS
CPAB comments on IAASB ITC

​CPAB’s response to the IAASB’s Invitation to Comment on group audits, professional skepticism and quality control.

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Posted: 16/06/2016

REPORT
CPAB 2015 Annual Inspections Report

​CPAB releases 2015 Annual Inspections Report.

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Posted: 31/03/2016

REPORT
CPAB 2015 Annual Inspections Report: Highlights for Audit Committees

​CPAB releases 2015 inspections report highlights for audit committees.

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Posted: 31/03/2016

NEWS
Canada’s audit regulator reports overall inconsistency in quality of public company audits in 2015

​Canada’s audit regulator reports overall inconsistency in quality of public company audits in 2015.

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Posted: 31/03/2016

CPAB
CPAB 2015 Annual Report

​​CPAB releases 2015 Annual Report.

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Posted: 31/03/2016

PUBLICATION
Audit Committee Oversight of IT Risk

​Audit committee concerns related to IT risks and the role the external auditor and others could play in assisting the audit committee.

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Posted: 31/03/2016

PUBLICATION
Transparency into the Audit – Enhanced Auditor Reporting and Audit Committee Reporting

​A discussion about two initiatives increasing transparency into the audit process -  Enhanced Auditor Reporting and Audit Committee Reporting.

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Posted: 31/03/2016

PUBLICATION
Transparency into the Audit – Audit Quality Indicators and Transparency Reporting

​A discussion about two initiatives increasing transparency into the audit process - Audit Quality Indicators and Transparency Reporting.

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Posted: 31/03/2016

NEWS
CPAB’s Response to the proposed framework for developing Canadian Independence Standards

CPAB’s response to the consultation paper “A framework for the Canadian Independence Standards” issued by the Independence Task Force.​

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Posted: 25/02/2016

NEWS
Supplemental CPAB Response on Auditor Reporting

​CPAB’s supplemental response to the Invitation to Comment on the Auditing and Assurance Standards Board (AASB)’s “Implementation considerations for New Auditor Reporting Standards”.

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Posted: 24/02/2016

NEWS
CPAB’s Response to the Exposure Draft on The Auditor’s Responsibility Relating to Other Information

​CPAB’s response to the Exposure Draft on the “The Auditor’s Responsibility Relating to Other Information: Canadian Amendments”.

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Posted: 24/02/2016

NEWS
CPAB’s Response to the Canadian AASB’s Invitation to Comment on Auditor Reporting
CPAB’s response to the Invitation to Comment on the Auditing and Assurance Standards Board (AASB)’s “Implementation considerations for New Auditor Reporting Standards”.
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Posted: 22/02/2016

NEWS
CPAB’s Response to the Canadian AASB’s Draft Strategic Plan for 2016-2021

​CPAB’s response to the Invitation to Comment on the Auditing and Assurance Standards Board (AASB)’s “Draft Strategic Plan for 2016-2021”.

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Posted: 18/02/2016

CPAB
CPAB 2016-2018 Strategic Plan

CPAB releases it’s 2016-2018 Strategic Plan; looking to address the more systemic barriers to audit quality.​

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Posted: 16/12/2015

NEWS
2015 Stakeholder Survey

​CPAB’s 2015 Stakeholder Survey Summary of Results.

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Posted: 04/12/2015

PUBLICATION
Access to Foreign Jurisdictions

​Foreign Jurisdictions where CPAB is unable to access Working Papers.

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Posted: 02/12/2015

NEWS
CPAB 2015 Big Four Public Report says audit quality inconsistent across firms

CPAB 2015 Big Four Public Report says audit quality inconsistent across firms.

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Posted: 30/11/2015

REPORT
CPAB 2015 Big Four Public Report

​CPAB releases 2015 Big Four firm public inspections report.

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Posted: 30/11/2015

REPORT
CPAB 2015 Big Four Public Report: Highlights for Audit Committees

​CPAB 2015 Big Four Public Report: Highlights for Audit Committees.

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Posted: 30/11/2015

NEWS
Industry Insights - Mining

​Part of CPAB’s Industry Insight series for audit committees, an overview of common areas of focus for an audit of a company operating in the mining industry.

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Posted: 27/11/2015

NEWS
Industry Insights - Banking

​Part of CPAB’s Industry Insight series for audit committees, an overview of common areas of focus for an audit of a company operating in the banking industry.

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Posted: 11/11/2015

NEWS
IFIAR Members Approve New Governance Structure

​IFIAR Members Approve New Governance Structure – Better aligned with growth in membership and strategic activity.

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Posted: 08/10/2015

NEWS
CPAB’s CEO comments on the Future of Auditing in Canada

​Brian Hunt shares his thoughts on the future of auditing at Accounting Educator’s Symposium.

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Posted: 01/10/2015

NEWS
IFIAR approves MMOU

​Strengthens international cooperation among audit regulators.

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Posted: 30/07/2015

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

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

NEWS
International Forum of Independent Audit Regulators Appoints Brian Hunt Vice Chair

International Forum of Independent Audit Regulators Appoints Brian Hunt Vice Chair.

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Posted: 07/05/2015

PUBLICATION
Comprehensive Review of the Auditor – What Audit Committees are Saying

​CPAB speaks with audit committee chairs about observations and lessons learned on performing or planning to perform a comprehensive review.

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Posted: 02/04/2015

PUBLICATION
Industry Insights - Retail

​Part of CPAB’s Industry Insight series for audit committees, an overview of common areas of focus for an audit of a company operating in the retail industry.

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Posted: 02/04/2015

CPAB
CPAB 2014 Annual Report

​CPAB releases 2014 Annual Report.

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Posted: 31/03/2015

CPAB
CPAB 2014 all firm inspections report

​CPAB releases 2014 all firm inspections report; overall results positive.

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Posted: 31/03/2015

CPAB
CPAB 2014 inspections report: Highlights for Audit Committees

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. 

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Posted: 31/03/2015

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

PUBLICATION
2014 Audit Quality Symposium Summary

​2014 Audit Quality Symposium Summary.

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Posted: 20/02/2015

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

PUBLICATION
2014 Audit Quality Symposium Pre-Reads

​2014 Audit Quality Symposium Pre-Reads.

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Posted: 20/02/2015

NEWS
From Compliance to Governance : Evolution of the Audit Committee

ICD Director Journal article explores the journey of audit committees from compliance to governance.

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Posted: 28/01/2015

NEWS
CPAB 2014 Public Report: Big Four Firm Inspections

​CPAB releases 2014 Big Four Public Report, audit quality improving.

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Posted: 25/11/2014

NEWS
CPAB 2014 Public Report: Big Four Firm Inspections - Highlights for Audit Committees

​CPAB Public Report on 2014 Inspections of the Quality of Audits Across Canada’s Big Four Accounting Firms: Highlights.

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Posted: 25/11/2014

CPAB
Audit Committee Oversight of Foreign Operations

​Critical information for assessing and responding to risk in foreign operations.

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Posted: 21/11/2014

CPAB
CPAB Exchange: Audit Quality Indicators

​Join the conversation about audit quality matters and  key activities to enhance audit quality.

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Posted: 21/11/2014

NEWS
CPAB enters into MOU with Switzerland's audit regulator

​CPAB enters into MOU with Switzerland's audit regulator.

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Posted: 14/10/2014

PUBLICATION
CPAB weighs in on KPMG audit quality panel

​CPAB weighs in on KPMG audit quality panel – ongoing challenges in a shifting global regulatory landscape.

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Posted: 22/08/2014

NEWS
CPAB/Veritas 2014 Dialogue with Investors

​CPAB teamed up with Veritas Investment Research to discuss the state of auditing in Canada and financial reporting risks.

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Posted: 09/07/2014

NEWS
CPAB’s Response to the IAASB’s Proposed Strategy for 2015-2019

​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

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

NEWS
ICD, CPAB, CPA Canada directors webinar featuring guidance, audit committee tools and CPAB Protocol

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.

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Posted: 26/06/2014

NEWS
CPAB Exchange: Building Sustainable Audit Quality

​This publication outlines four key areas CPAB believes audit firms need to focus on to improve audit quality in a sustainable manner.

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Posted: 25/06/2014

NEWS
CPAB 2013 Public Report and 2014 Outlook Presentation

​CPAB presents its 2013 inspections findings and 2014 Outlook.

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Posted: 11/06/2014

NEWS
CPAB, CPA Canada and ICD weigh in on European audit reform

​CPAB, CPA Canada and ICD weigh in on European audit reform

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Posted: 16/05/2014

NEWS
CPAB/CPA Canada webinar on tools and Protocol for audit firms

​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

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Posted: 13/05/2014

REPORT
2013 Public Report
CPAB’s 2013 Public Report finds audit quality improved, but sustainability is needed. Learn more…
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Posted: 31/03/2014

REPORT
CPAB Exchange: Changes to Auditor Reporting
CPAB supports the need for more transparency with respect to auditor reporting
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Posted: 31/03/2014

NEWS
CPAB Exchange: Minimum Term Limits
CPAB recommends that audit committees consider the merits of minimum auditor term limits
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Posted: 31/03/2014

REPORT
CPAB Exchange: The Two Envelope Approach
CPAB recommends audit committees adopt the Two Envelope Approach to reviewing proposals
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Posted: 31/03/2014

CPAB
2013 Annual Report

​2013 Annual Report

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Posted: 31/03/2014

NEWS
Protocol for Audit Firm Communication of CPAB Inspection Findings with Audit Committees
CPAB’s Protocol for Audit Firm Communication of CPAB Inspection Findings with Audit Committees is now final and is effective
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Posted: 27/03/2014

NEWS
Protocol for Audit Firm Communication of CPAB Inspection Findings with Audit Committees
Learn more about CPAB’s Protocol for Audit Firm Communication of CPAB Inspection Findings with Audit Committees
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Posted: 04/02/2014

NEWS
2013 CPAB CEO Keynote Address, NZICA
CPAB CEO Keynote Address to New Zealand Institute of Chartered Accountants Audit Conference, December 5, 2013
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Posted: 19/12/2013

NEWS
Protocol for Audit Firm Communication of CPAB Inspection Findings with Audit Committees
CPAB is currently requesting comments on the draft Protocol for Audit Firm Communication of CPAB Inspection Findings with Audit Committees
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Posted: 18/12/2013

NEWS
CPAB enters into a memorandum of understanding with the Ontario Securities Commission
CPAB enters into a memorandum of understanding with the Ontario Securities Commission
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Posted: 16/12/2013

CPAB
CPAB’s Response to the IAASB’s Exposure Draft, Reporting on Audited Financial Statements: Proposed New and Revised International Standards on Auditing
CPAB’s Response to the IAASB’s Exposure Draft, Reporting on Audited Financial Statements: Proposed New and Revised International Standards on Auditing
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Posted: 16/12/2013

NEWS
CPAB enters into a cooperative arrangement with the audit regulator of Germany
CPAB enters into a cooperative arrangement with the audit regulator of Germany
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Posted: 27/09/2013

NEWS
CPAB enters into MOU with France's audit regulator
CPAB enters into MOU with France's audit regulator
Posted: 29/06/2013

PUBLICATION
Comments on Framework for Audit Quality
CPAB’s view is that the IAASB’s draft “Framework for Audit Quality” is an important project to advance the discussion on audit quality. We believe additional work is required to support the use of the Framework in practice.
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Posted: 07/06/2013

PUBLICATION
Comments on Proposed Revisions to Independence Standards
CPAB believes more consultation is required with smaller reporting issuers and audit firms to fully understand the implications of the proposed revisions to independence standards for smaller reporting issuers with market capitalization and total assets under $10 million.
Posted: 03/06/2013

PUBLICATION
Audit Committee Newsletter - May 2013
CPAB’s May 2013 Focus on Audit Committees newsletter includes articles on our 2012 inspection results, the inspection process, and the role of the audit committee.
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Posted: 31/05/2013

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

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

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

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

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

REPORT
2012 Public Report
Canadian audit firms must commit to continuous improvement at all levels of their organizations to consistently execute high-quality audits, CPAB says in its 2012 public report.
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Posted: 31/03/2013

CPAB
2012 Annual Report
2012 Annual Report
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Posted: 31/03/2013

PUBLICATION
Comment on provisional decision on remedies - statutory audit services market investigation
Comment on provisional decision on remedies - statutory audit services market investigation
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Posted: 18/03/2013

PUBLICATION
CPAB’s response to the Consultation Paper on Emerging Market Issuers issued by the Toronto Stock Exchange and TSX Venture Exchange
CPAB’s response to the Consultation Paper on Emerging Market Issuers issued by the Toronto Stock Exchange and TSX Venture Exchange
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Posted: 28/02/2013

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

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

PUBLICATION
CPAB’s response to Phase 2 of the IAASB’s post-implementation review of the clarified International Standards on Auditing
CPAB’s response to Phase 2 of the IAASB’s post-implementation review of the clarified International Standards on Auditing
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Posted: 08/11/2012

PUBLICATION
CPAB response to Monitoring Group Governance Review
CPAB response to Monitoring Group Governance Review
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Posted: 06/07/2012

CPAB
CPAB enters into MOU with Netherlands
CPAB enters into MOU with Netherlands
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Posted: 01/07/2012

REPORT
2011 Public Report
The Canadian Public Accountability Board's 2011 Public Report
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Posted: 31/03/2012

CPAB
2011 Annual Report
2011 Annual Report
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Posted: 31/03/2012

PUBLICATION
CPAB Response to the IESBA’s Exposure Draft on Proposed Changes to the Code of Ethics for Professional Accountants Addressing Conflicts of Interest
Proposed Changes to the Code of Ethics for Professional Accountants Addressing Conflicts of Interest
Posted: 30/03/2012

CPAB
CPAB enters into co-operative arrangement with Japan
CPAB enters into co-operative arrangement with Japan
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Posted: 10/03/2012

PUBLICATION
CPAB response to PCAOB Proposed Standard on Communications with Audit Committees
CPAB response to PCAOB Proposed Standard on Communications with Audit Committees
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Posted: 05/03/2012

REPORT
CPAB’s Auditing in Foreign Jurisdictions Special Report (2012)
CPAB’s Auditing in Foreign Jurisdictions Special Report (2012)
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Posted: 21/02/2012

NEWS
CPAB Comments on International Ethics Standards Boards for Accountants Proposed Changes to the Code of Ethics for Professional Accountants
CPAB Comments on International Ethics Standards Boards for Accountants Proposed Changes to the Code of Ethics for Professional Accountants
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Posted: 23/01/2012

PUBLICATION
2011 Audit Quality Symposium Summary
2011 Audit Quality Symposium Summary
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Posted: 02/01/2012

PUBLICATION
2011 Audit Quality Symposium Results
2011 Audit Quality Symposium Results
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Posted: 02/01/2012

CPAB
CPAB’s response to the PCAOB’s Concept Release on Auditor Independence and Audit Firm Rotation, PCAOB Rulemaking Docket Matter No. 37
CPAB’s response to the PCAOB’s Concept Release on Auditor Independence and Audit Firm Rotation, PCAOB Rulemaking Docket Matter No. 37
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Posted: 19/12/2011

CPAB
CPAB enters into a cooperative arrangement with Australia
CPAB enters into a cooperative arrangement with Australia
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Posted: 01/12/2011

CPAB
CPAB Comments on International Accounting Standards Board Agenda Consultation 2011
CPAB Comments on International Accounting Standards Board Agenda Consultation 2011
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Posted: 30/11/2011

CPAB
CPAB’s response to the PCAOB’s Concept Release on Possible Revisions to PCAOB Standards Related to Reports on Audited Financial Statements and Related Amendments to PCAOB Standards, PCAOB Rulemaking Docket Matter No. 34
CPAB’s response to the PCAOB’s Concept Release on Possible Revisions to PCAOB Standards Related to Reports on Audited Financial Statements and Related Amendments to PCAOB Standards, PCAOB Rulemaking Docket Matter No. 34
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Posted: 06/10/2011

REPORT
2010 Public Report
2010 Public Report
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Posted: 31/03/2011

CPAB
2010 Annual Report
2010 Annual Report
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Posted: 31/03/2011

REPORT
2009 Public Report
The Canadian Public Accountability Board's 2009 Public Report
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Posted: 31/03/2010

CPAB
2009 Annual Report
2009 Annual Report
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Posted: 31/03/2010

REPORT
2008 Public Report
The Canadian Public Accountability Board's 2008 Public Report
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Posted: 31/03/2009

CPAB
2008 Annual Report
2008 Annual Report
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Posted: 31/03/2009
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