CPAB's purpose is to
A)develop auditing standards.
B)provide training and continuing education to auditors.
C)clarify and communicate the role of the auditor to the public.
D)improve the public's confidence in independent auditing.

Question

Quizplus · Accepted Answer

CPAB's main purpose is to enhance public confidence in independent auditing by providing oversight of auditors who audit public companies in Canada. While CPAB may provide some training and education to auditors, its primary focus is on ensuring that auditors are performing their roles in line with professional standards and that the public can have trust in the financial information provided by public companies.

CPAB's Purpose Is to