Quality Management - Monitoring and Remediation for Non-Assurance Providers (On-Demand - CPA PRO)
Overview
This course will assist firms that practice in the non-assurance area in understanding, applying, and documenting its monitoring and remediation processes in accordance with CSQM 1. The course will help participants understand the monitoring requirements and how these requirements will specifically affect their firm. The participants will identify deficiencies at both the firm and engagement-specific levels, determine the root cause and the effect on the firm’s SOQM and develop a remedial action plan. The course will demonstrate these concepts through practical examples and exercises. The course will also include information on completing the annual evaluation of the firm’s SOQM and outline the documentation requirements of CSQM 1 in these areas.
Access expires 180 days from purchase date |
Course Description
Applicable for
- CPAs in public practice
- practitioners who are responsible for the requirements of CSQM 1 for their firm and are already familiar with the key requirements of the Canadian Standards on Quality Management
Learning Objectives
- describe the requirements of CSQM 1 related to monitoring and remediation
- apply the requirements of CSQM 1 to their practice
- build and improve their firm’s monitoring and remediation process based on participation in the course’s exercises, examples and discussions
- achieve the documentation standards of CSQM 1 for monitoring and remediation
- describe the monitoring and remediation process and how it links to the firm’s annual evaluation of its SOQM
Content
- identifying what should be monitored and who can perform the monitoring
- identifying the types of monitoring required and the differences
- factors used to determine the nature, extent and timing of monitoring activities
- determining what should be monitored and the extent of sampling based on factors such as risk, partner experience and clients or previous results
- evaluating deficiencies, the effect on the SOQM, the root cause, and development of a remedial action plan
- evaluation of the remedial action plan
- link of monitoring to the annual evaluation of the firm’s SOQM
- documentation requirements
Course Content Created: November 2024
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Patricia Dahm, CPA, CAAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
- 2.5
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 3
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
Quality Management - Monitoring and Remediation for Non-Assurance Providers (On-Demand - CPA PRO)
- 2.5
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 3
- Credits
Overview
This course will assist firms that practice in the non-assurance area in understanding, applying, and documenting its monitoring and remediation processes in accordance with CSQM 1. The course will help participants understand the monitoring requirements and how these requirements will specifically affect their firm. The participants will identify deficiencies at both the firm and engagement-specific levels, determine the root cause and the effect on the firm’s SOQM and develop a remedial action plan. The course will demonstrate these concepts through practical examples and exercises. The course will also include information on completing the annual evaluation of the firm’s SOQM and outline the documentation requirements of CSQM 1 in these areas.
Access expires 180 days from purchase date |
Course Description
Applicable for
- CPAs in public practice
- practitioners who are responsible for the requirements of CSQM 1 for their firm and are already familiar with the key requirements of the Canadian Standards on Quality Management
Learning Objectives
- describe the requirements of CSQM 1 related to monitoring and remediation
- apply the requirements of CSQM 1 to their practice
- build and improve their firm’s monitoring and remediation process based on participation in the course’s exercises, examples and discussions
- achieve the documentation standards of CSQM 1 for monitoring and remediation
- describe the monitoring and remediation process and how it links to the firm’s annual evaluation of its SOQM
Content
- identifying what should be monitored and who can perform the monitoring
- identifying the types of monitoring required and the differences
- factors used to determine the nature, extent and timing of monitoring activities
- determining what should be monitored and the extent of sampling based on factors such as risk, partner experience and clients or previous results
- evaluating deficiencies, the effect on the SOQM, the root cause, and development of a remedial action plan
- evaluation of the remedial action plan
- link of monitoring to the annual evaluation of the firm’s SOQM
- documentation requirements
Course Content Created: November 2024
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Patricia Dahm, CPA, CAAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.