Canadian regulator publishes its strategic plan for 2019-2021
The Canadian Public Accountability Board (CPAB) has announced its strategic plan for 2019-21. Entitled “Accelerating Audit Quality”, the strategy is designed to drive sustainable solutions to accelerate improvements in audit quality in Canada. The strategy focuses on four key areas:
- Cultivation of a proactive, adaptive and innovative culture within CPAB that elevates regulatory effectiveness
- Driving targeted, systematic changes to accelerate audit quality improvements
- Impacting how the future audit is performed and regulated
- Influencing global audit quality consistency
Details of the plan can be read here.