News Listings

Auditing and Assurance Standards Oversight Council met on June 13, 2024, to discuss the Auditing and Assurance Standards Board’s activities and related matters. Read the full report for more information.

Auditing and Assurance Standards Oversight Council met on April 9, 2024, to discuss the Auditing and Assurance Standards Board’s activities and related matters. Read the full report for more information.

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.   

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.

Auditing and Assurance Standards Oversight Council met on December 20, 2023, to discuss the Auditing and Assurance Standards Board’s activities and related matters. Read the full report for more information.

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.

Auditing and Assurance Standards Oversight Council met on September 28, 2023, to discuss the Auditing and Assurance Standards Board’s activities and related matters. Read the full report for more information.

Are you interested in being at the forefront of the development of Canadian assurance standards that are fit for purpose and in the public interest? If so, the AASB has a great opportunity for you! Learn more about the role and apply by September 15, 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.

The Independent Review Committee on Standard Setting in Canada issued its final recommendations report. The recommendations aim to ensure Canadian accounting and auditing – and now sustainability reporting and assurance – standard setting continues to be independent and internationally recognized. A summary feedback statement will soon be issued, outlining the feedback the committee received during its consultation process.