1. Presentation

    2. Recording

About this course

  • $136.00
  • 1.5 CPD hours
  • October 23, 2023

Course description

Certain aspects of conducting compilation engagements can pose challenges for practitioners. This might be due to a lack of understanding of the standards or difficulties encountered in their application. The purpose of this course is to tackle hot topics related to carrying out compilation engagements in accordance with CSRS 4200.

This is not a technical course but rather a practical session that focuses on matters of importance such as understanding scope exclusions, determining intended users of the compiled financial statements and drafting the basis of accounting note. The session will also delve into knowledge of the business and file documentation requirements.

Through an exploration of the standard, illustrative examples and guidance on practical application you will strengthen your ability to conduct effective and efficient engagements.

Learning objectives

By the end of the course, participants will be able to:

  • Understand the requirements of CSRS 4200
  • Implement effective strategies in performing compilation engagements
  • Analyze scope exclusions and consider the business impact
  • Prepare inquiries of management and assess the impact of intended users of the financial information
  • Prepare the basis of accounting note
  • Draft compilation engagement report
  • Appreciate documentation requirements

    • Instructor(s)

    Kirsten Albo

    FCPA, FCA, ICD.D, President of ASK KSA Consulting Inc.

    Kirsten has over 30 years of experience in public practice and uses her knowledge and expertise to provide practical solutions to help firms meet the requirements of being in public practice.

    Kirsten gained her experience in public practice as an assurance partner at PricewaterhouseCoopers LLP. She was the partner on many public and private companies operating in a variety of industries. Her clients included Air Canada, Northwest Company and Winpak. Kirsten has a strong technical background and the ability to deal with complex matters. It is this experience she now brings to her clients.

    She has in-depth technical knowledge as she has faced extensive assurance and accounting issues. There are very few issues she has not encountered. And, having been subject to many internal and external file inspections she knows the challenges SMPs can encounter and appreciates where they can save time without sacrificing quality. When resolving issues, Kirsten is known for her practical approach and ability to provide useful advice. She is a good sounding board and helps practitioners address risk and make practical business decisions.