As assurance partners of Clearline CPA, and in working with hundreds of small and mid-size CPA firms across Western Canada, we understand the pressure regulations such as IES(8) place on a firm’s resources.
We developed the Audit Partner PD series to help smaller and mid-size firms continue to provide full assurance services to their clients. Participating in these sessions will keep you up to date with all pending standards changes and more importantly allow you to share ideas and suggestions for how we implement these changes into our practices.
Attending professional development sessions that focus on standards that are coming in a year or so, or ones that drill down into all the detail, is not always what a partner needs. Our September session will be a timely reminder of what new accounting and assurance standards are effective for the upcoming December year-end engagements. We will not have time to delve into all the details in our short sessions, but this will provide you with all the information you need to direct template updates and/or firm professional development in the fall.
Our Audit Partner PD series is for audit partners in small to mid-size firms, focusing on issues that are relevant for the audit of smaller, less complex entities. We will not focus on issues that are relevant to public companies or standards that are not overly applicable to smaller entities. We can’t get rid of all those checklists for you, but as a group we can share ideas and suggestions that have worked to created efficiencies in the execution of the audit engagements.
We will take all the guesswork out of planning your assurance CPD for the coming year. Where a high-level update of standards changes is sufficient, we will provide that for you in our sessions. Where more hands-on training is necessary for your staff, we are available to provide additional in-house training and material as needed.
Not familiar with the IES(8) requirements? See this article by Bridget Noonan published by Canadian Accountant.
A group of like-minded practitioners who are committed to the provision of full assurance services for their clients. The Audit Partner PD series provides you the confidence obtained in knowing what changes are coming and a network of peers to practically implement solutions for smaller firms.