Canadian and international standard-setting bodies follow a rigorous consultative process in the development and adoption of new accounting and assurance standards. The emphasis on due process is critical in maintaining the objectivity of the standard‑setting process and the quality of the output.

The OAG’s involvement with standard-setting activities occurs before a new accounting or assurance standard is adopted. The Office monitors the active projects at the various standard‑setting bodies and sometimes responds to the standard‑setter’s requests for comments on proposed standards.

Audit Engagement Assistance (AEA) also monitors publicly available webcasts providing technical updates on various accounting and assurance topics, and maintains a list of these webcasts for the convenience of auditors.

• Active Projects
• Documents issued for Comment
• Issued Accounting and Assurance Standards
• Additional Resources