 Copyright
Notice to Readers  What's New
Guide to Accounting Pronouncements and Sources, Sixth Edition
Significant Differences in GAAP in Canada, Chile, Mexico and the United States
Accounting and Reporting for Enterprises in the Development Stage
Accounting Bases Used in Canadian Government Budgeting
Accounting Changes — Background Information and Basis for Conclusions Section 1506
Accounting for Infrastructure in the Public Sector
Accounting for Tangible Capital Assets — Accrual Budgeting Issues
Accrual Budgeting by Canadian Federal, Provincial and Territorial Governments
Aligning Investment in Information Technology with Business Strategy: What CFOs Need to Consider (June 2005)
Application of Computer-assisted Audit Techniques, Second Edition
Assessing Risks & Controls of Investment Funds
Asset Retirement Obligations - Background Information and Basis for Conclusions Section 3110
Assurance Engagement Working Papers
Audit & Control Implications of XBRL
Audit Enquiry - Seeking More Reliable Evidence From Audit Enquiry
Audit Implications of EDI
Audit Implications of Electronic Document Management
Audit of a Small Entity
Audits of Non-profit Organizations
Canadian Performance Reporting
Cash Distributions — Amendments to Section 1540 — Background Information and Basis for Conclusions (September 2007)
Cash Flow and Other Per Share Information - Background Information and Basis for Conclusions Sections 1540 and 3500
Cash Flow Statements - Background Information and Basis for Conclusions - Section 1540
Comprehensive Income and Equity - Background Information and Basis for Conclusions Sections 1530 and 3251
Confirmation of Accounts Payable
Confirmation of Accounts Receivable
Continuous Auditing
Corporate Reporting to Stakeholders
Costing Government Services for Improved Performance Measurement & Accountability
Data Level Assurance
Differential Reporting - Background Information and Basis for Conclusions - Section 1300
Differential Reporting — Amendments to Section 3062 and AcG-15 — Background Information and Basis for Conclusions
Disclosures by Entities Subject to Rate Regulation - Background Information and Basis for Conclusions AcG-19
Disposal of Long-Lived Assets and Discontinued Operations - Background Information and Basis for Conclusions - Section 3475
Electronic Audit Evidence
Electronic Filing and Reporting - Emerging Technologies and Their Implications
Electronic Filing of Information
Employee Future Benefits - Additional Disclosures - Background Information and Basis for Conclusions - Section 3461
Employee Future Benefits Implementation Guide, Second Edition (Updated November 2001)
Engagements to Audit Greenhouse Gas Emissions Information — Practice Guide
Financial Instrument Disclosures and Capital Disclosures - Background Information and Basis for Conclusions Sections 1535, 3862 and 3863 (July 2007)
Financial Instruments - Recognition and Measurement - Background Information and Basis for Conclusions Section 3855
Financial Instruments — Recognition and Measurement — Background Information and Basis For Conclusions Amendments to Section 3855 (December 2009)
Financial Reporting by Canadian School Boards
Financial Reporting by Investment Funds, Second Edition
Financial Reporting by Rate-regulated Enterprises
Financial Reporting by Small Business Enterprises
Financial Reporting in North America - Highlights of a Joint Study
 The First Audit Engagement
Foreword The Study Group Chapter 1 — Introduction Chapter 2 — Considerations prior to acceptance of the engagement Introduction Objectivity and Independence Introduction Recognition of objectivity problems Financial relationships Authority relationships Other services Conflicts of interest Termination of relationships causing objectivity problems Business Risk Introduction Management integrity Financial position Requirements of the Potential Client Professional services required Scope limitation Accounting principles Internal control The Prospective Auditor's Resources Communication with the Predecessor Auditor Chapter 3 — Acceptance of the Engagement Chapter 4 — Auditing Problems Knowledge of the Client's Business Opening Balances Introduction Long-term balance sheet items Balance sheet items normally absorbed into the operating cycle of the current period Consistency of accounting policies Obtaining Audit Evidence Introduction A new or previously inactive entity An entity not audited in the past An existing entity audited since inception An entity audited since inception with previous changes in auditors An existing entity audited in certain periods only Chapter 5 — Reporting Comparative Figures Reservations in the Auditor's Report Introduction Limitation in the scope of examination Departures from generally accepted accounting principles Changes in generally accepted accounting principles or the application thereof Matters that may Concern a Predecessor Auditor Prior period adjustments Subsequent discovery of facts existing at the date of a predecessor auditor's report Reference to use of the work and reports of predecessor auditors Chapter 6 — Summary and Conclusions Addendum — Access to Predecessor Auditor's Working Papers Access to Working Papers Proposed background guidance and text of letter Review of Working Papers by Another Auditor Acknowledgment by Successor Auditor Restrictions on Working Paper Access Letter of Understanding to a Successor Auditor Appendix A — Profile of the First Audit Engagement Appendix B — Checklist of a New Audit Engagement Factors to be Considered A. Objectivity B. Business risk C. Professional services to be rendered D. Client-imposed limitations E. Accounting principles used F. Internal control and accounting records G. The public accountant's or firm's resources H. Communication with the predecessor auditor Conclusion Appendix C — Memorandum Concerning Objectivity of the Prospective Auditor Appendix D — Communication with a Predecessor Auditor Appendix E — Engagement Letter Appendix F — Knowledge of the Client's Business Checklist I. Knowledge of the Entity A. Characteristics of Ownership and Management B. Operations C. Financial Position D. Information Systems E. Statuses, Regulations and Standards II. Knowledge of the Industry Appendix G — First Audit Engagement Checklist Organization of Checklist Directions for use of checklist Part I: Information Relating to Audit in Preceding Period A. General B. Adequacy of audit performed in preceding period C. Reviewer;s opinion Part II: Accounting and Financial Information Required A. Copies of or extracts from documents B. Analyses of balance sheet items at beginning of period C. Accounting principles and methods applied in the preceding period Part III: Follow-up Sheet Part IV: Summary of Uncorrected Misstatements Appendix H — Selected Rules of Professional Conduct Index A. Standards of Conduct Affecting Public Interest B. Relations with Fellow Members and with Non-Members Engaged in Public Accounting A. Standards of Conduct Affecting Public Interest B. Relations with Fellow Members and with Non-Members Engaged in Public Accounting Full Cost Accounting from an Environmental Perspective
General Standards of Financial Statement Presentation - Background Information and Basis for Conclusions - Section 1400
Generally Accepted Accounting Principles - Background Information and Basis for Conclusions - Section 1100
Going Concern - Amendments to Section 1400 - Background Information and Basis for Conclusions (June 2007)
Guide for Developing Quality Control Systems in Public Accounting
Hedges - Background Information and Basis for Conclusions Section 3865
The Impact of Technology on Financial and Business Reporting
Impairment of Long-Lived Assets - Background Information and Basis for Conclusions - Section 3063
Improving Disclosures About Financial Instruments (Amendments to Financial Instruments — Disclosures, Section 3862) (June 2009)
Income Taxes - Background Information and Basis for Conclusions - Section 3465
Indicators of Government Financial Condition
Intangible Assets — Background Information and Basis for Conclusions Section 3064 (September 2008)
Interactive Data — Building XBRL Into Accounting Information Systems
Interim Financial Statements - Background Information and Basis for Conclusions - CICA Handbook – Accounting Section 1751
Inventories - Background Information and Basis for Conclusions Section 3031 (June 2007)
Investment Companies - Background Information and Basis for Conclusions - AcG-18
Investment Companies - Amendments to AcG-15 and AcG-18 - Background Information and Basis for Conclusions (June 2007)
Liabilities and Equity - Background Information and Basis for Conclusions - Section 3860
Links between the Budget and the Estimates — Accrual budgeting Issues
Maintaining Quality Capital Markets Through Quality Information
Non-Monetary Transactions - Background Information and Basis for Conclusions Section 3831
Not-for-Profit Financial Reporting Guide
Not-for-Profit Organizations — Background Information and Basis for Conclusions 4400 Series (November 2008)
Professional Judgment and the Auditor
Rate-Regulated Operations — Amendments to Sections 1100 and 3465 and AcG-19 — Background Information and Basis for Conclusions (December 2007)
Reporting on Environmental Performance
The Role of Information Technology in Achieving Sustained Regulatory Compliance
Secure IT Infrastructure for E-commerce
Security for Wireless Systems (revised)
Segment Disclosures - Background Information and Basis for Conclusions - CICA Handbook Section 1701
Stakeholder Relationships, Social Capital and Business Value Creation
Understanding Disclosure Controls and Procedures: Helping CEOs and CFOs Respond to the Need for Better Disclosure
Use of Specialists in Assurance Engagements
Using Graphics in Corporate Reporting
| 
