We can take on the role of firm monitor.  We can review a sample of your firm’s working paper files (audits, review engagements, compilations and special engagements) to ensure compliance with applicable Canadian Assurance Standards and Canadian General Accepted Accounting Principles.


We can also test, on a sample basis, your policies and procedures outlined in your Quality Assurance Manual, to ensure compliance with Canadian quality control standard requirements.


Given the new stringent requirements to be implemented by firms performing assurance engagements (audits and reviews) as of December 15, 2009, a firm’s monitor must now be more independent than ever; as such now is the best time to seek outside help in this area to ensure you are in full compliance with the new quality control standards.

Contact Wayne O’Connell, CPA, CA, LPA at our office to discuss our services further.

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