Audits – Update

Overview: 

You will receive a concise update on recently approved and proposed changes to the CPA Canada Handbook – Assurance that affect audit engagements. You will also examine current AASB/IAASB projects and practice inspection themes to identify impacts on planning, execution, and reporting.

Course Content:

In this course, you will gain knowledge about the following topics:

• Recently revised standards relevant to audits
  
• Current exposure drafts and projects in progress
  
• Practice matters and inspection highlights, including observations related to CAS and quality management
  
• AASB and IAASB active projects and implementation considerations
  

Learning Objectives: 

Upon completing this course, you should be able to:

• Describe how revisions to Canadian Auditing Standards may affect upcoming audit engagements
  
• Anticipate pending changes and assess their implications for audit planning and procedures
  
• Summarize recent practice inspection findings and apply practical steps to address them
  
• Locate tools and resources that support efficient, compliant audits
  

Who Will Benefit: 

• Practitioners performing audits of small and medium‑sized private entities.
• Practitioners serving not‑for‑profit organizations
• Audit managers and seniors responsible for engagement planning and file quality
• Partners and quality reviewers seeking a current landscape of standards and inspection themes