CAS 550: Related Parties
Requires identification and audit of related-party relationships and transactions, including those outside the normal course of business.
Pourquoi CAS 550 est important
Undisclosed related parties are a chronic restatement risk. For Canadian reporting issuers, MI 61-101 (related-party transactions) compounds the disclosure burden.
Référentiel: 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.
Source principale: FRAS Canada
Questions fréquentes
Qu'est-ce que CAS 550 ?
Requires identification and audit of related-party relationships and transactions, including those outside the normal course of business.
Pourquoi CAS 550 est-il important pour un audit ?
Undisclosed related parties are a chronic restatement risk. For Canadian reporting issuers, MI 61-101 (related-party transactions) compounds the disclosure burden.
À quel référentiel appartient CAS 550 ?
CAS 550 relève de : 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.
Normes connexes — 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
Voyez comment Auditus vérifie CAS 550
Auditus.ai exécute des mandats PCAOB, ISA et NCA de bout en bout et cite la norme exacte derrière chaque constatation, y compris CAS 550.