This edition provides a summary of newly effective and forthcoming regulatory and auditing matters in Canada in the quarter ended March 31, 2021.

Canadian securities: New guidance

  • Confidential filing
  • COVID-19 disclosures
  • Crypto assets reporting issuers
  • Concerns regarding an issuer's financial condition and the sufficiency of proceeds from a prospectus offering

Auditing matters

  • Audits of less complex entities
  • Fraud and going concern
  • Future-oriented financial information
  • Quality manaement for firms
  • Audit standards issues but not yet effective