PHILIPPINE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
cordially invites you to the
“SEMINAR ON Quality Assurance Review (Module for Practitioners)” January 21-22, 2014, 8:00 a.m. to 5:00 p.m. PICPA Building,700 Shaw Boulevard, Mandaluyong City Resource Speaker ELIRIE S. ARANAS, CPA, MBA Master of Business Administration Board Topnotcher (First Place), May 2000 Philippine government examinations for Certified Public Accountants Director, Philippine Institute of Certified Public Accountants, Cebu Chapter Director, Quality Assurance Review Group, Diaz Murillo Dalupan and Company, a member of HLB International Reviewer, Theory of Accounts, Review School of Accountancy (ReSA), November, 2011 to present. Manager, Audit, RM & ACS, Isla Lipana and Company a member firm of Price Waterhouse Coopers (PWC) February 1, 2012 to July 31, 2012 Faculty Member, Department of Accountancy, Cebu Institute of Technology, June 1, 2001 to May 30, 2009. Audit Manager, BC Hortelano and Company, June 1, 2005 to May 31, 2008. Consultant and Director, High Point Management Consultancy, July 2005 to May 2007. Associate Auditor, KPMG Laya Mananghaya and Company, June 1, 2000 to May 31, 2001 Course Outline THEMATIC AREA 2: Standards Applicable to Professional Practice (16.0 CPD Units) Part I: Rationale for a Quality Assurance Program Policies and procedures for continuance of existing clients. ISQC 1 requirements Policies and procedures on withdrawal from an engagement. Accountancy law requirements Documentation requirements. Regulatory requirements Part VI: Human Resources Responsibility of a practitioner to quality audit Objectives and purpose of the Human Resources policies and Risk of non-compliance with ISQC 1 & legal requirements procedures Role of PICPA Policies and procedures for Human Resources Part II: Elements of a System of Quality Control Assignment of personnel to an engagement Leadership responsibilities for quality within the firm. Required Documentations Relevant ethical requirements Part VII: Engagement Performance Acceptance and continuance of client relationships and Roles and responsibility of each member of the engagement specific engagements. team Human resources Communication among members of the engagement team Engagement performance Compliance with applicable engagement standards Monitoring Engagement supervision, on the job-training and coaching. Part III: Leadership responsibilities for quality within the firm Policies and procedures in reviewing work performed, including Responsibilities of each members for quality within the significant judgment made. firm. Consultation on contentious matter. Responsibilities of the managing partner and board of Engagement Quality Control Review. partners for quality within the firm. Engagement Documentation Communications within the firm of the responsibilities of File Archiving policies and procedures each member towards quality. Policies on retention of engagement documentation Assignment of operational responsibility for quality within Part VIII: Monitoring the firm. Objectives and purpose of Monitoring within the firm. Documentation requirements. Policies and procedures for monitoring within the firm. Part IV: Relevant ethical requirements Policies and procedures in evaluating, communicating and Policies and procedures to comply with relevant Ethical redemying identified deficiencies Requirements Complaints and Allegations Policies and procedures relating to Independence. Required documentation Documentation requirements. Part IX: Documentation of the System of Quality Control Part V: Acceptance and continuance of client relationships and Review of the Documentation requirements for each of the specific engagements elements in system of quality control. Objective and purpose of Acceptance and continuance Policies and procedures for retention of documentation in the policies and procedures review of the firm’s system of quality control. Policies and procedures for client acceptance. Policies and procedures in documenting complaints and allegations and the response to them Suggested/Recommended Attendees CPAs in Public Practice, CEO, COO, CFO of Accounting Firms, Internal Auditors, Risk Managers, Risk Compliance Officers (CPAs or Non-CPAs), Audit Managers, Audit Supervisors, Junior Auditors. REGISTRATION FEE PICPA Member in Good Standing P1,500.00 per day (plus 12% VAT) Non PICPA Member/ PICPA Member not in Good Standing P2,000.00 per day (plus 12% VAT) Inclusive of AM and PM snacks, lunch, certificate of attendance and seminar materials For reservation, please accomplish the Registration Form below and send it back at Fax No. 726-9452/723-6305 or call up Jennie or Joy at telephone nos. 723-0691 to 93 or mobile no. 0917-5805870. Preferably, please visit and register on line at www.picpa.com.ph and click seminar/training. Note: 1. Please confirm early. The seminar will be re-scheduled if the confirmed participants are below 20. 2. Those who confirmed but did not attend without notification (at least 3 days before the schedule) will be charged P500.00 to cover overhead expenses. 3. CPD Units will be determined based on actual attendance. REGISTRATION FORM NAME __________________________________________________________________ CPA NO.__________________________________ COMPANY ________________________________________________________________________________________________________ ADDRESS ________________________________________________________________________________________________________ TEL. NO. _________________________ FAX NO. ________________________ EMAIL:________________________________________