** Note that this session was recorded on September 25th, 2024. The session and the material remain relevant if you are looking for guidance on how to execute annual monitoring under CSQM1 and quickly go through practice review deficiencies for compilation engagements. Note that this is not a compilation focused session.**
The new quality management standards, effective for non-assurance firms since December 14, 2023, are nearing their first anniversary. This milestone necessitates the completion and documentation of the firm’s annual monitoring. As this may be a new process for some, our session will navigate the intricacies of internal monitoring. We’ll also review practice deficiencies as noted in the application of the new compilation standards and collaborate on firm workflow solutions.
In this session we will cover considerations related to:
- The annual monitoring requirements under CSQM1 for non-assurance firms
- Updates to the firms CSQM risk assessment and risk response documentation
- Current practice review deficiencies noted on the application of CSRS 4200 Compilation Engagements
Upon purchase, the course material and session recording will be available to you through your online account.