Watch a qualified CPA instructor teaching the course and access a copy of the same course material that is provided to attendees of an in-person session. 

After registering for a Video on Demand course, CPA Saskatchewan will send you information on how to access the course within 2 business days.

Click HERE for more information on Video-On-Demand courses.

OBJECTIVE:
Standards on specified auditing procedures (Section 9100) and agreed-upon procedures regarding internal control over financial reporting (Section 9110) have been replaced by CSRS 4400 – Agreed-Upon Procedures Engagements. The new standard introduces new concepts, documentation requirements and new reporting guidance. CSRS 4400 is effective for agreed-upon procedures engagements for which the terms of engagement are agreed on or after January 1, 2022. The course provides an overview of what is covered in the standard such as the use of professional judgment in an agreed-upon procedures engagement, using the work of a practitioner’s expert and undertaking an agreed-upon procedures engagement together with another engagement. 

WHO WILL BENEFIT:
Accountants working in public practice that perform, or intend to perform, agreed-upon procedures engagements.

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

• describe the requirements of the new standard and the differences from the current standards,
• identify the stages of the engagement that will be affected by the new standard, and
• assess the impact of the new standard on the work to be performed and documented.

CONTENT:

•  Introduction to agreed-upon procedures engagements
• Effective date and replacement of pre-existing standards
• Canadian amendments to ISRS 4400 (Revised)
  • independence requirements
  • applicability of quality control / upcoming quality management standards
• Engagement acceptance and continuance
• Agreeing the terms of the engagement
• Performing the agreed-upon procedures
• Professional judgment in an agreed-upon procedures engagement
• Using the work of a practitioner’s expert
• Documentation requirements
• Undertaking an agreed-upon procedures engagement together with another engagement
• Form and content of an agreed-upon procedures report.