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Canadian audit standard-setter appoints leadership roles

Cathy MacGregor and Darrell Jensen have been appointed chair and vice-chair respectively of Canada's audit standard-setter authority, the Auditing and Assurance Standards Board (AASB), for the term 2014-2016.

MacGregor is national director of assurance quality and a partner with Grant Thornton Canada and succeeds Mark Davies, an audit partner with KPMG Canada.

Jensen, who is a partner with EY Canada, took over as vice-chair. Both appointments are effective 1 April.

MacGregor and Jensen said the top priorities for the AASB are auditor reporting, audit quality and ensuring an active participation of Canada in the international standard-setting process.

The leadership roles of the AASB are appointed by the Auditing and Assurance Standards Oversight Council, an independent body that oversees the activity of the AASB.

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Auditing and Assurance Standards Board

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