CAS 560: Subsequent Events
Requirements for events occurring between the date of the financial statements and the date of the auditor's report (and after the report date in limited circumstances).
Why CAS 560 matters
Subsequent-event procedures are typically the last thing done before signing. Gaps here are time-critical and can force a delayed filing.
Framework: Canadian Auditing Standards (CAS)
CAS are the auditing standards adopted by the Auditing and Assurance Standards Board (AASB) of CPA Canada. They are Canadian adoptions of the IAASB's International Standards on Auditing (ISAs) and govern every audit of financial statements performed in Canada.
Primary source: FRAS Canada
Frequently asked
What is CAS 560?
Requirements for events occurring between the date of the financial statements and the date of the auditor's report (and after the report date in limited circumstances).
Why does CAS 560 matter for an audit?
Subsequent-event procedures are typically the last thing done before signing. Gaps here are time-critical and can force a delayed filing.
Which framework does CAS 560 belong to?
CAS 560 falls under Canadian Auditing Standards (CAS). CAS are the auditing standards adopted by the Auditing and Assurance Standards Board (AASB) of CPA Canada. They are Canadian adoptions of the IAASB's International Standards on Auditing (ISAs) and govern every audit of financial statements performed in Canada.
Related standards — Canadian Auditing Standards (CAS)
- CAS 200 — Overall Objectives of the Independent Auditor
- CAS 210 — Agreeing the Terms of Audit Engagements
- CAS 220 — Quality Management for an Audit of Financial Statements
- CAS 230 — Audit Documentation
- CAS 240 — The Auditor's Responsibilities Relating to Fraud
- CAS 250 — Consideration of Laws and Regulations
See how Auditus checks CAS 560
Auditus.ai runs PCAOB, ISA, and CAS engagements end-to-end and cites the exact standard behind every finding — including CAS 560.