AASB Exposure Draft, “Proposed Amendments to CAS 240, The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements”

The Canadian Auditing and Assurance Standards Board (AASB) wants your input on our proposed changes to the fraud audit standard, CAS 240, The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements.

Recently, the International Auditing and Assurance Standards Board (IAASB) approved an Exposure Draft, ISA 240, The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements.

Our Board is committed to adopting ISAs as CASs, after thorough consultations with Canadians. We need your feedback on the key proposals in our CAS 240 Exposure Draft.

Your comments will help ensure this global standard works for the Canadian marketplace. Take our short survey now!  

Want to learn more?

• Visit the Fraud project page to read:
  • What You Need to Know About Changes to the Fraud Audit Standard and
  • the AASB’s Exposure Draft.
• Attend a virtual roundtable session.