Standards Update Events
CPABC recently hosted two roundtables with staff of the Auditing and Assurance Standards (AASB) and Accounting
Standards Boards (AcSB), as well as a free, “sold-out” PD session covering recently passed and proposed standards.
About the AASB
L to R: Jan Sampson, CPA, FCA, Linda Mezon, FCPA, FCA, CPA (MI), Peter
Martin, CPA, CA, and Nicky Lahner, CPA, CA.
AcSB Strategic Initiative Roundtable on June 23, 2014.
Roundtable Discussion on “Other Information”:
On June 20, 2014, Chi Ho Ng, CPA, CA, CPA (IL), a principal with the AASB, led a roundtable
discussion to gather stakeholder views on the International Standard on Auditing (ISA) 720
(revised) – The Auditor’s Responsibilities Relating to Other Information. In recent years, there have
been significant developments in corporate reporting, particularly in relation to companies’
annual reports, as well as the importance ascribed by users to information contained in annual
reports. The proposed ISA 720 specifies the responsibilities of the auditor relating to the range of
other information in