Practitioner - Self Review

Overview:

This course provides a practical overview of the ethical standards that govern independence and objectivity for Canadian practitioners. Focusing on the risks created by self-review situations, you will learn how to identify potential conflicts, apply safeguards, and meet the CPA Canada Rules of Professional Conduct expectations. There is also a subtle emphasis on how self-review situations can impair a practitioner’s ability to maintain objective judgment. 

Course Content:

In this course, you will gain knowledge about the following topics:

• Ethical Foundations
• Identifying a Self-Review Risk
• Identifying Self-Review in Practice
• Risk Assessment and Documentation  
• Safeguards in Action
• Practice Management Considerations
• Case Studies and Application 
  

Learning Objectives:

Upon completing this course, you should be able to:

• Define what creates a self-review risk under Canadian and international ethical standards.
• Identify common scenarios in Canadian practice where self-review risks arise
• Assess the significance of such risks using a risk-based approach
• Apply safeguards to reduce risks to an acceptable level or decline engagements where necessary
• Document their professional judgment and compliance with CPA Canada expectations

Who Will Benefit: 

This course is for accountants, senior associates, managers, sole practitioners and small firm partners.