The comprehensive Canadian Professional Engagement Manual (C•PEM) is designed to assist practitioners in conducting audit, review and other assurance and compilation engagements for small and medium-sized entities.

The Canadian Professional Engagement Manual (C•PEM) two-volume set provides comprehensive commentary and guidance on the Canadian Auditing Standards (CASs) and Other Canadian Standards (OCSs), illustrative case studies for performing an SME audit engagement and print-ready forms and letters for use on engagements and for training purposes.

Volume 1 — Core Concepts
These chapters provide straightforward guidance on the key concepts used in the standards, including the use of materiality, evaluating internal control, identifying/assessing business and fraud risk factors and performing risk assessment and further procedures. This volume also includes two appendices that address the nature of fraud and provide guidance on how to perform effective audit inquiries.

Volume 2 — Practical Guidance
Volume 2 provides practical step-by-step guidance (with supporting illustrations) on how to perform assurance and compilation engagements from start to finish. It also includes best practice “Consider Points”. Each audit chapter concludes with sample documentation, based on two updated SME case studies, that illustrates the application of the topic discussed in that chapter. The Practice Aids section includes print-ready PDFs of the C•PEM sample forms, worksheets and letters as well as a PDF of Model Financial Statements — Private Enterprises, Part II of the CICA Handbook.

PLUS
The C•PEM website is the subscribers’ gateway to articles, information and practical guidance for staying current.

C•PEM will help you:

• Perform assurance and compilation engagements for small and medium-sized entities,
• Promote consistent application of the CASs, and the review and compilations standards in your practice, and
• Educate and train staff and students.

PLEASE NOTE: Existing subscribers to C•PEM do not need to re-order each year. The new edition will be sent automoatically when it is available.

C•PEM is available in Two Volumes, Searchable DVD, Download or Internet

PRINT
Available in a handy two-volume set, the print version of C•PEM also includes a CD with print-ready practice aids: PDFs of the sample forms, worksheets and engagement letters and Model Financial Statements — Private Enterprises, Part II of the CICA Handbook.

INTERNET
Linked and fully searchable, the Internet version provides users with quick, online access to the information and guidance necessary to keep your firm on track. Includes PDFs of all practice aids.

DVD/DOWNLOAD
Protected, fully searchable, and always on your desktop or laptop to answer your tough questions, the Virtual Professional Library DVD and Download options give you fingertip access to the information you need. Includes PDFs of all practice aids.

Multiple copy discounts are available to current subscribers. Please contact the CICA Customer Service Department at 1-800-268-3793 or 416-977-0748 for further details.

The CICA C•PEM Electronic Templates

Available only to C•PEM subscribers
Customize the C•PEM Sample Forms & Letters
The CICA C•PEM Electronic Templates include a Word or Excel template of each of the checklists, forms and sample letters included in C•PEM. Available on CD or on knotia, these time-saving practice aids allow you to customize the forms and letters to meet the needs of individual engagements as well as complete them on a PC.
Add the CICA C•PEM Electronic Templates to your C•PEM subscription for only $200.
Issued each update.

Quality Assurance Manual (QAM)

Guidance on establishing quality assurance procedures for the firm can be found in the companion Quality Assurance Manual (QAM).



ISBN: 0-88800-403-6
Publication Date: September 2011