EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.
At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.
Alycia Calvert EY Canada Chair and Chief Executive Officer
Zahid Fazal EY Canada Managing Partner, Assurance
At EY Canada, we’re bringing our bold vision for the future of audit to life now, with quality at the centre.
What does that look like in practice? We:
Continue transforming the EY audit with our multi-year US$1B investment in technology and talent — an initiative that’s redefining how we perform audits, develop our people and serve our clients. We’re already using AI and advanced data analytics in our audits, and expanding our use of AI and agentic AI, as well as other cutting-edge technologies to enhance audit quality, drive efficiencies and provide better insights.
Invest in our people through expanded career experiences, building broader skillsets and deepening their business acumen. Through these opportunities, we’re developing well-rounded auditors with the capabilities and perspectives to offer clients fresh thinking and leading practices.
Approach our work with a continuous improvement mindset, which we call the EY Way. This moves us forward as we continue to innovate and perform work earlier in the audit, while providing a distinctive experience for our clients and our people. We bring to bear the skills and experience of our people and technology to perform a modernized, streamlined, risk-based audit that provides timely sector insights.
Address the dynamic risks faced by the companies that we audit, and we continue to engage with stakeholders to address topics such as technology transformation, the evolving fraud landscape, cybersecurity, sustainability, culture and the attractiveness of the profession.
The EY audit promotes confidence in financial reporting and, in turn, the capital markets. With audit quality, independence, accountability and integrity as our foundation, we’ll continue to evolve how we work and shape the future of the EY audit. We are anticipating the needs of tomorrow and leading the way with confidence.
Audit quality is our foundation, empowering teams with advanced tools and a culture of innovation. This purposeful work represents one more way we help build confidence in Canadian businesses and capital markets.
Our dedication to quality is reflected in our decisions, training and collaboration, guiding us as independent auditors to consistently provide high-quality, objective and ethical audits for EY in Canada and around the world.
Across our organization, our Quality Network proactively improves audit quality by coaching and training audit teams, reviewing working papers, advising teams on audit methodology, as well as executing risk management and quality control procedures. The network also offers customized coaching based on specific risk areas, including risks associated with Internal Control over Financial Reporting (ICFR).
Understanding our results is critical to fulfilling our role in building trust
We know that monitoring the effectiveness of our actions and performing robust root cause analyses of positive and negative audit performance are key components of our system of quality management. The results provide valuable information about how we can continuously improve audit quality.
This report should be read in conjunction with our 2025 EY Canada Transparency Report, which provides additional information about our firm structure, system of quality management and independence practices.
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