When the CPA Canada Handbook is silent on an auditing issue, which of the following is the best of other authoritative sources that the auditor could use?
A) Assurance and Related Services Guidelines (AuG)
B) audit firm practice manuals
C) past practice at the client
D) reference to audit standards partner

Question

Quizplus · Accepted Answer

The Assurance and Related Services Guidelines (AuG) are recognized as the primary source of guidance for assurance engagements in Canada, and are issued by the Auditing and Assurance Standards Oversight Council (AASOC). This source should be consulted by the auditor when the CPA Canada Handbook is silent on an auditing issue. Audit firm practice manuals and past practice at the client may not necessarily provide authoritative guidance, and reference to an audit standards partner may not always be practical or feasible.

When the CPA Canada Handbook Is Silent on an Auditing