Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
Using extracts of a review engagement file for a fictitious entity, this training activity, which is aimed at an experienced clientele, allows the participants to deepen their knowledge of the requirements and to benefit from practical advice in order to properly apply them.
Topics Include:
- Preliminary considerations
- Identifying areas in the financial statements where material misstatements are likely to arise
- Planning
- Understanding the entity and its environment
- Materiality
- Analytical procedures
- Implementation and conclusion of the engagement
- Work required (responsibilities)
- Specific topics
NOTE: This course description has been revised and reflects updates for 2023. If you have any questions, please contact pdevents@cpaontario.ca.
Schedule
- August 13, 2024, 8:30 a.m. - 12:30 p.m.
- August 14, 2024, 8:30 a.m. - 12:30 p.m.
Key Takeaways
By the end of this course, participants will be able to:
- Consider practical advice to optimize the planning of the engagement.
- Identify areas in the financial statements where material misstatements are likely to arise.
- Develop strategies for key steps of the engagement and for specific sections.
- Identify specific issues related to the implementation of the requirements.
Who Will Benefit
CPAs in public practice. Specifically, those that have limited experience and would like to learn how to conduct a review engagement or those with experience who would like a refresher on best practices.
How to Access the Course
This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.
Electronic material can be accessed one week prior to the course and should be downloaded in advance.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Jane M. Bowen, FCPA, FCA has been involved in professional development and education for Members and students for many years. She currently lectures in financial accounting and audit at UOIT in Oshawa. She authors or mentors courses in this professional development program, and has contributed to CPA Canada publications: Guide to Accounting Standards for Private Enterprises (GASPE); and Guide to International Financial Reporting Standards in Canada. Jane is currently the Chair of the CPA Canada Competency Map and often authors publications issued by CPA Canada’s Research Guidance and Support Group, addressing the implementation of new accounting and assurance standards. Jane has recently authored the following documents on Review Engagements: Guide to Review Engagements (September 2016); Alert: CSRE 2400, Engagements to Review Historical Financial Statements (June 2016); Briefing: CSRE 2400, Engagements to Review Historical Financial Statements (March 2017), and the following ASPE briefings: Amalgamations of Wholly-owned Enterprises (January 2017); A New Light on Accounting for Investments (2016); and Section 3462, Employee Future Benefits: A Focus on Defined Benefit Plans (2014).