Review Engagements - Review of the Standard

Review Engagements - Review of the Standard
Live broadcast courses are delivered live and can be accessed anywhere you have access to the internet. Participants watch the course leader deliver the course, and have the PowerPoint presentation on their screen at all times. A live chat option allows online participants to submit questions, so you will always feel like you are a part of the room.

This half-day seminar is designed to provide an in-depth review of the application of the new Canadian Standard on Review Engagements (CSRE) 2400, Engagements to Review Historical Financial Statements, which is effective for periods ending on or after December 14, 2017. Each stage of the review engagement will be considered, from planning to issuance of the practitioner’s report, including a detailed examination of changes relative to the former standards. Practical tools will be used to illustrate examples of documentation, included some insight into the updated Canadian Professional Engagement Manual guidance for review engagements.

Introduction and overview of CSRE 2400, including a review of the scope, implementation date, key concepts and terminology
Detailed, in-depth comparison of CSRE 2400 and the 8100 series, including a discussion of the potential impact (if any) of each difference on the performance and documentation of a review engagement under the new standard
Each stage of the review engagement process will be examined, including:
- Acceptance and Continuance of Client Relationship
- Communication with Management and Those Charged with Governance
- Performing the Engagement
- Subsequent Events
- Written Representations
- Evaluating Evidence Obtained from the Procedures Performed
- Forming the Practitioner’s Conclusion on the Financial Statements
- The Practitioner’s Report
- Documentation
Other practice matters including a review of practice inspection findings related to review engagements
Other relevant guidance and support material from CPA Canada

Professional accountants in public practice who will be issuing reports under the new review engagement standard, CSRE 2400.

Time:  02:30pm - 6:15pm
Passport - ½ Day

10/15/2019 - 10/15/2019