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  3. /Audit and Assurance Update

Audit and Assurance Standards Update 2022/2023

Major upcoming changes to the CPA Assurance Handbook

Created byGarth Sheriff
BeginnerUpdated Nov 28, 2022

What You'll Learn

  • check_circleIdentifying the major revisions in CAS 315
  • check_circleIdentifying key components of CSQM 1 and 2
  • check_circleIdentifying upcoming changes to the assurance handbook

About This Course

In this on-demand course, we will discuss significant pronouncements by the AASB (Auditing and Assurance Standards Board) and their implications for audit assurance practitioners. We will also provide action steps to help practitioners affected by current or soon-to-be effective changes to the assurance standards. These include significant changes to the Canadian Standards on Quality Control, the Canadian Auditing Standards, and other standards.

An update on the major coming changes to the CPA Canada Assurance Handbook, including:

  • Revised Canadian Auditing Standard (CAS) 315
  • Canadian Standards on Quality Management 1 and 2
  • Less Complex Entities (LCEs)
  • Sustainability Assurance Standards

Course Content

5 activities • 5 videos • duration: 52m

remove
Introduction1 videos • 6 min
  • videocamIntroduction
    Duration 6:08
add
Module 1: Revised CAS 315 - Part 11 videos • 7 min
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Module 2: Revised CAS 315 - Part 21 videos • 16 min
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Module 3 - CSQM 1 and 21 videos • 17 min
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Module 4 - Other Standards1 videos • 5 min

Your Instructor

Garth Sheriff

Founder of Sheriff Consulting

menu_book43 courses
star13,342 reviews

I am the founder of Sheriff Consulting which specializes in the development and delivery of accounting, auditing and foundational skill courses and workshops. Teaching and working with professionals in diverse and dynamic learning environments has been my passion and experience for over 10 years. As a qualified Canadian Chartered Professional Accountant (CPA, CA) and U.S. Certified Public Accountant (CPA), I work with finance and accounting professionals in both the U.S. and Canada to meet their training and development needs. My goal has always been to create an engaging and interactive learning environment. To help my own path of continual improvement in achieving this goal, I have also received training and worked as a professional actor. I am a member of ACTRA (the Alliance of Canadian Cinema, Television and Radio Artists) and a graduate in improvisation from the Second City Training Centre. http://sheriffconsulting.com/

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.5 out of 5
Student's Choice
280 reviews
  • AS
    ANDREW S.
    starstarstarstarstar

    Good update on the new standards

  • NB
    Nicole B.
    starstarstarstarstar

    Very well explained.

  • JR
    Jared R.
    starstarstarstarstar

    Great experience so far, nice concise and yet thorough review.

  • HA
    Henrietta Vicky A.
    starstarstarstarstar

    Great stuff

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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