AASOC

Auditing and Assurance Standards Oversight Council

About AASOC

The Auditing and Assurance Standards Oversight Council (AASOC) is an independent, volunteer body established in 2002 to serve the public interest by overseeing and providing input into the activities of the Auditing and Assurance Standards Board (AASB).

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Canadian Standard Setting Changes Ahead – Independent Review Committee recommendations are moving forward

Next steps are approved, and implementation plans are underway on the recommendations made by the Independent Review Committee on Standard Setting in Canada (IRCSS) in March 2023. Key approvals include setting up an independent legal entity to house standard-setting activities, putting a new funding model in place, and establishing a single oversight council.

Meeting & event summaries

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February 27, 2024 AcSOC Meeting Minutes – February 27, 2024

The Accounting Standards Oversight Council met on February 27, 2024, to discuss the Public Sector Accounting Board’s and the Accounting Standard Board’s activities and related matters. Read the full report for more information.

November 14, 2023 AcSOC Meeting Minutes – November 14, 2023

Accounting Standards Oversight Council met on November 14, 2023, to discuss the Public Sector Accounting Board’s and the Accounting Standards Board’s activities and related matters. Read the full report for more information.

July 6, 2023 AASOC Meeting Minutes – July 6, 2023

The Council met on July 6, 2023, to discuss the activities of the AASB and related matters. Read the meeting minutes for more information.

News

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April 1, 2024 News

Canada’s Reporting and Assurance Oversight Councils Announce Transition to Single Oversight Council for Streamlined Standard Setting

Canada’s reporting and assurance oversight councils are pleased to announce the establishment of the Reporting & Assurance Standards Oversight Council (the Oversight Council), an important step towards enhancing standard-setting efficiency and connectivity in Canada.

March 31, 2024 News

Appointments, Reappointments and Retirements – AASOC

AASOC is pleased to announce new members and re-appointed members to the Council and the AASB. We also wish to thank those retiring for their dedicated service. Read the appointments page for full details.

March 31, 2024 News

Appointments, Reappointments, and Retirements – AASOC

AASOC is pleased to announce new members and reappointed members. We also wish to thank those retiring for their dedicated service. Read the appointments page for full details.