Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
An overview of the CSRS 4200 Compilation Standard for new and experienced practitioners. This seminar will include hands on opportunities to review application of the standard to different scenarios and client engagements.
This seminar provides practitioners with practical application steps and guidance for ongoing use of CSRS 4200 for compilation engagements.. The seminar will include discussion and application of the components of the standard from engagement acceptance to completion and reporting. Time will be spent on the major sections of the standard, breaking down the course into sections on planning, performance and reporting including the creation of working papers and documents to use as examples in practice. Participants will leave with an understanding of the standard, some working examples and materials to use as a reference to apply in their practices.
There will be opportunities to apply the standard to different scenarios and make use of different approaches to application of the standard's components. This course will also provides best practices for compilation engagements and addresses frequently asked questions from practitioners with respect to CSRS 4200.
Topics Include:
- Overview of the standard
- Walk-through of the standard in detail (including case studies, group discussion and creation of working papers / documentation / implementation plans)
- Requirements in Planning
- Documentation
- Reporting
- Communication with the Client
- Practice review findings common to compilation engagements and how the new standard addresses existing and potential issues
- Best Practices for compilation engagements and address FAQs for CSRS 4200 specifically
- Review of References / Materials Available for Application of the Standard
NOTE: No updates or changes were made to the 2024 version of this course. If you completed the course in 2023, please be advised the 2024 course material has not changed. If you have any questions, please contact pdevents@cpaontario.ca.
Key Takeaways
By the end of this course, participants will be able to:
- Through use of illustrative examples, apply CSRS 4200 from engagement acceptance to reporting for all compilation engagements in their practices.
- Through use of illustrative examples, apply CSRS 4200 to a variety of situations including need to withdraw or events after issuance.
- Through the use of course tools, develop plans to educate clients on the work done on their compilation engagements and how this improves the professional services they are receiving.
- Understand what resources are available for practitioners in applying the standard to their practices.
- Understand and apply best practices in conducting compilation engagements.
Who Will Benefit
New and experienced practitioners performing corporate income tax return and compilation of financial statements engagements.
Prerequisite(s)
None required but experience preparing compilation engagements is an asset.
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)
Rosanna Lamanna, CPA, CA, has 20 years experience providing accounting, audit, tax and business advisory services. In addition to assisting Canadian and international companies, in a variety of sectors, with their financial reporting and tax compliance needs, she offers strategic advice and helps companies identify business process improvements. Rosanna has extensive experience in working with privately held businesses, including family-owned businesses, and understands the various issues that confront owners and family members in today’s dynamic business environment. She also has considerable experience in working with entrepreneurs and early stage companies, as well as, those scaling for growth. Rosanna has been featured in several business publications and has been interviewed for her perspective on industry issues by various media outlets.