Auditors require continual knowledge of changing standards and practice issues. This course reviews recent revisions to the CPA Canada Handbook–Assurance and other practice matters that have occurred over the last year.

In addition to comparing new and revised assurance and other related service standards, this course provides an overview of projects in progress and other developments of interest to practitioners, including national issues that have been identified by practice advisory and/or practice inspection. This course focuses exclusively on changes to audit standards.

Topics Include:

• Introduction and overview of recently revised standards that apply to audits.
• Exposure drafts and other projects in process for audits.
• Practice matters, including highlights from national practice inspection findings and practice advisory comments for auditors.

NOTE: This course description has been revised and reflects updates for 2024. If you have any questions, please contact pdevents@cpaontario.ca.

Unlock learning anytime, anywhere with the Blackboard Learn app

Seamlessly access your on demand courses, assignments, and get PD hours on the go. Learn how to download now and elevate your education experience with the convenience of mobile learning.

By the end of this course, participants should be able to:

• Describe how the revisions to Canadian Auditing Standards will impact their engagement processes.
• Evaluate the applicability of audit standards on less complex entities.
• Anticipate pending changes to audit standards and understand how the changes may impact audit engagements.
• Be aware of and locate tools to assist with audits.