A change in management team at Montreal s public consultation office won t redress a fundamental flaw: the absence of rules, accountability and oversight.
New President and CEO at CAA-Quebec autosphere.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autosphere.ca Daily Mail and Mail on Sunday newspapers.
Quebec deficit shrinks as province shows strong pandemic rebound cbc.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbc.ca Daily Mail and Mail on Sunday newspapers.
James Langton
The process for setting accounting and auditing standards in Canada is getting a review of its own by an independent committee.
The Accounting Standards Oversight Council (AcSOC) and the Auditing and Assurance Standards Oversight Council (AASOC) have launched a review of standards setting by forming a committee to examine the governance and structure of the existing process.
That committee, led by veteran securities lawyer and regulator Ed Waitzer, will make recommendations on standards setting to ensure that the Canadian system remains “independent and internationally recognized,” it said.
The review and accompanying consultations will be carried out over the coming year.