When the CPA Canada Handbook is silent on an auditing issue,which of the following is the best of the 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)the PA firm's audit standards partner

Question

Quizplus · Accepted Answer

The Assurance and Related Services Guidelines (AuG) are recognized as the primary source of Canadian generally accepted auditing standards (GAAS) for assurance engagements in Canada. As such, when there is a gap or ambiguity in the CPA Canada Handbook, the auditor should refer to the AuG for guidance. The other options (B, C, and D) may be helpful, but they do not carry the same level of authority as the AuG.

When the CPA Canada Handbook Is Silent on an Auditing