Our Role

As Canada’s audit regulator charged with protecting the investing public’s interests, CPAB oversees public accounting firms that audit Canadian reporting issuers. We promote sustainable audit quality through proactive regulation, robust audit assessments, dialogue with domestic and international stakeholders, and practicable insights that inform capital market participants and contribute to public confidence in the integrity of financial reporting.

CPAB’s governing document, the Canadian Securities Administrators’ National Instrument - 52-108 Auditor Oversight requires auditors of reporting issuers to be registered with CPAB as CPAB participants, and requires Canadian reporting issuers to issue financial statements audited only by CPAB participating firms.

CPAB Vision

CPAB is a leading audit regulator that reinforces public confidence in Canada’s capital markets.

CPAB Mission

CPAB promotes sustainable audit quality through proactive regulatory oversight, facilitating dialogue with domestic and international stakeholders, and publishing practicable insights to inform capital market participants.

Strategic Commitment ONE

Cultivate a proactive, adaptive and innovative culture that elevates our regulatory effectiveness.

Strategic Commitment TWO

Drive targeted, systemic changes to accelerate audit quality improvements.

Strategic Commitment THREE

Impact how the future audit is performed and regulated.

Strategic Commitment FOUR

Influence global audit quality consistency.

2019 — 2021 Strategic Plan Overview

Corporate Responsibility

The health and well-being of our communities across the country matter to CPAB. Our people engage personally and professionally in a variety of activities that make our communities better places to live. CPAB is committed to supporting our people's passions, locally and nationally.

Through our Community Matters program, which is aligned with our core values of excellence, trust, and respect, CPAB and our employees proudly contribute to community organizations across Canada that reflect those values and complement our mission. Our approach is driven by a spirit of collaboration and innovation and a desire to improve the circumstances of those in need.

Our support includes financial contributions and the volunteer efforts of our people. We provide employees two paid days every year to volunteer their time to an organization of their choice and match their financial donations up to $200 annually.

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