Media Advisory - Webcast: The Integrity of Financial Reporting in an Economic Downturn by the Canadian Public Accountability Board

    TORONTO, Jan. 9 /CNW/ -

    Date: Thursday, January 22, 2009
    Time: 2:00 p.m. to 3:00 p.m. EST
    Registration: details click on,
    (materials available day of webcast)

    The Canadian Public Accountability Board will host a one hour webcast to
discuss financial reporting and related audit considerations in light of the
global economic downturn. Many have characterized the current economic crisis
as the most severe since the Great Depression. It will have a significant
impact on financial reporting and will mean more challenging audits.
    This webcast will provide an overview to CEO's, CFO's, Audit Committees,
Board directors, public accounting firms and regulators of the challenges
faced by financial statement preparers and their auditors in today's turbulent
economic environment.

    The Canadian Public Accountability Board is an audit regulator overseeing
auditors of Canadian public companies. CPAB's mission is to contribute to
public confidence in the integrity of financial reporting of public companies
by promoting high quality, independent auditing.

For further information:

For further information: please contact Acting Chief Executive Officer -
Kenneth Vallillee at (416) 913-8260, extension 4175 or by e-mail at; or Vice President - Kam Grewal at (416) 913-8260,
extension 4187 or by e-mail at; Media contact:
Victoria Ollers, (416) 822-2288,

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