Training
Review engagement – Reviewing the file and the financial statements

Agenda

General

• Review of the objectives of the file review (in general and in depth)
• Determining the obligations under the Canadian Standards on Quality Management (CSQM 1 and 2)
• Who should review the files?
• Making a distinction between the file review and the engagement quality control review
• Planning the file and financial statement review
• Effectively reviewing the review file and the financial statements
• Communicating the review notes to the members of the team
• Training your staff

Review file

• Establishing documentation requirements and objectives
• Documentation features and requirements
• Pitfalls and tips
• Writing and communicating review notes
• Reviewing the review notes
• Diagnosing improvements to be made next year

Financial statements 

• How and when should financial statements be reviewed?
• Pitfalls and precautions
  • Under Accounting Standards for Private Enterprises (ASPE)
  • Under Accounting Standards for Not-for-Profit Organizations (ASNPO)
• Identifying the most common mistakes
• Communicating with and training your staff

Last but not least

• Work with a Paradigme file template to better apply these concepts
• Have a critical mindset
• Comments from the professional inspection
• Understanding and mastering Paradigme Questionnaires
• Discussion with participants

Sign up