5, Place Ville Marie, bureau 800, Montréal (Québec) H3B 2G2
T. 514 288.3256 1 800 363.4688 Téléc. 514 843.8375
www.cpaquebec.ca
Action plan of the firm in response to the professional
inspection report
Firm name Date
DD
Name of person responding for the firm or of the sole practitioner, as the case may be
MM
Y Y Y Y
Telephone
-
 We have identified actions for each of the reportable deficiencies raised on the firm’s last practice inspection.
Actions are included in Appendix A, attached. ................................................................................... o Yes o No
2 We have reviewed our firm’s quality control policies and procedures and identified the causes for these reportable deficiencies
(were they isolated instances or systemic)........................................................................................ o Yes o No
If YES, our evaluation is as follows:
Identification of most likely causes:
3 We have identified actions in response to our evaluation of our quality control policies
and procedures in point 2 above. ...................................................................................................... o Yes o No
Such actions might include:
i)Professional development courses to be taken by partner(s)........................................................................... o Yes
o No
If YES, indicate courses to be taken and scheduled dates (if possible):
Financial statement presentation
Date :
DD
MM
Y Y Y Y
Date :
DD
MM
Y Y Y Y
Audit
Date :
DD
MM
Y Y Y Y
Date :
DD
MM
Y Y Y Y
Review
Date :
DD
MM
Y Y Y Y
MM
Y Y Y Y
Date :
DD
Other
Date :
DD
MM
Y Y Y Y
Date :
DD
MM
Y Y Y Y
April 2017
1 / 5
o Yes
o No
o Yes
o No
o Yes
o No
o Yes
o No
o Yes
o No
procedures were omitted during the performance of an engagement, and prompt corrective action
was required............................................................................................................................................... o Yes
o No
ii) Staff training.................................................................................................................................................................
If YES, indicate staff training planned and proposed timing:
iii) Updating questionnaires or checklists.......................................................................................................................
If YES, indicate the planned changes:
iv) Acquisition of appropriate documents/reference material.......................................................................................
If YES, indicate documents/material to be acquired:
(v) Engagement quality control review by appropriate person.....................................................................................
If YES, provide details:
vi) Disciplinary action against those who failed to comply with the firm’s policies and procedures........................
If YES, indicate nature of action to be taken:
Other actions to be undertaken (in addition or as an alternative to the above):
4 Our review of the reportable deficiencies indicated that an auditor’s report was inappropriate or
If YES, following are the file reference number and a description of the action(s) taken:
April 2017
2 / 5
APPENDIX 1
Reportable deficiency reference
(e.g. FS1, AU1, RE1, QC1, etc.)
April 2017
File reference
(ex: 1, 2, 3, etc.)
Actions for reportable deficiencies (including for example: ensuring the deficiency is
addressed in the subsequent year’s file by making a note in such file, or communicating
the deficiency to the respective partner and other personnel or such other actions as the
firm deems necessary.)
3 / 5
APPENDIX 1 (suite)
Reportable deficiency reference
(e.g. FS1, AU1, RE1, QC1, etc.)
April 2017
File reference
(ex: 1, 2, 3, etc.)
Actions for reportable deficiencies (including for example: ensuring the deficiency is
addressed in the subsequent year’s file by making a note in such file, or communicating
the deficiency to the respective partner and other personnel or such other actions as the
firm deems necessary.)
4 / 5
SPACE RESERVED FOR THE ORDER
Date réception du plan d’action : J J
Nº de dossier :
Proposition :
CIP date :
J J
Initiales :
MM
MM
A A A A
Date lettre de transmission :
J J
MM
A A A A
Date :
J J
MM
A A A A
A A A A
Suivi :
Suivi fait avec le cabinet ou commentaires
Date :
J J
MM
A A A A
Date :
J J
MM
A A A A
Signature
o Approuvé par :
IMPORTANT – PLEASE FOLLOW THE INSTRUCTIONS BELOW TO SEND YOUR FILE.
Once this form is duly completed, you must save it on your desktop
and then attach it to an email that you will send to: [email protected]
April 2017
5 / 5