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Services
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Planning
Policy
Statement:
Planning for the work
engagements will fulfill professional, regulatory, and the CPA firm's
requirements.
Implementation: The CPA firm will carry out this policy by the following
procedures:
·
Making more available, keeping, and furnishing
employees and others with the CPA firm’s “rules and guidance” books which
recommend the criterions to be considered in the planning process by the
engagement team and how much official written evidence to keep which may vary
based on the size and complexity of the engagement. Planning considerations
include:
- Assigning the planning of the
engagement to a responsible employee
- Making more available or effective or
bring up to date background information.
- Demanding that the planning
documentation includes
- Creation of
an intended work program, geared
towards the specific engagement.
- Employee
needs and the need for expertise in certain industry.
- Thinking
seriously about the existing economic circumstances affecting the
client or its industry and their possible effect on the carrying out
of the engagement.
- Seriously
thinking of the risks and how they may affect the steps to be
performed.
- Making
up an estimate of enough time so the engagement will be
carried out in accordance with professional standards and the CPA
firm’s quality control policies and procedures.
©/2003 to 2009 A Andrew Harrison CPA P.C. love a challenge
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