Knowledge of client

Due to the new CSRS4200 standards, a knowledge of client, (understanding the entity) must be completed. Are you working on a more complete “knowledge of client” working paper that follows the CPA Canada handbook. There are compliance issues with the one in KLIB. Eg: there is no section regarding when and who the enquiries were discussed with. There is no section regarding the basis of accounting, property, plant and equipment. Also the 3rd party users needs more clarification

Hi Jodie.

Since the CSRS4200 Compilation checklists (forms) are included in both the PACT and PEG packages, I have indicated the “Knowledge of the entity” checklist on the document manager of both these packages.

Best wishes,
David

Thank you, I was looking at the one in our regular KLIB file.