OAG Log of Documents for Comment by Standard-Setters

Created by: AEA

Background

The Office analyzes and comments on proposed standards or other documents issued by various Canadian and international standard-setters or other bodies. The decision to analyze and/or respond to these documents is made based on a number of factors including the relevance of the proposed standard to the OAG or the public sector in general.

AEA maintains an Excel-based log that refers to the analysis and response activities undertaken by the Office in respect of documents for comment. Updated: quarterly.

OAG auditors can use the log to stay abreast of emerging standards and issues affecting the audit profession. Information provided in the log can help you:

  • better understand the Office’s view of specific accounting and assurance issues,
  • keep current on active projects relevant to the entities we audit,
  • prepare for discussions with audit entities regarding emerging accounting and assurance issues,
  • prepare Report to Audit Committee (RAC) documents, and
  • perform research to assist in the consideration of various technical accounting or assurance issues.

Refer to the Standard-Setting Activities page for further information on the particular standard-setters and other bodies that are actively monitored by the Office.

OAG Log

OAG Log of Documents for Comment by Standard-Setters—as of 16 October 2023

Includes documents with comment deadlines in 2015 or later, along with the following information:

  • title and description of the document for comment, including the applicable standard-setter or other body, the type of document, the month it was issued, and the comment deadline;

  • PROxI link to the document for comment;

  • PROxI link to the OAG analysis of the document for comment (if any); and

  • PROxI link to the OAG response sent to the standard-setter or other body (if any).

Information can be filtered by:

  • “Standard-Setter / Other Body”—to quickly identify all documents for comment that have been issued by a particular standard-setter, such as PSAB or AASB for example;

  • “Month Issued”—to easily identify what has been issued during a specified time period, e.g. the past few months, to stay abreast of current ‘hot topics’; and

  • “Comment Deadline”—to determine which documents are still open for comment at a particular point in time.

Questions: Contact AEA