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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.

Related link

Auditing and Assurance Standards Board

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