PEG - Overview
CaseWare® International Inc. licenses the content for PEG 2021 under agreement with the Chartered Professional Accountants of Canada (CPA Canada).
The content in CaseWare®/CPA Canada PEG Audit, Review, and Compilation is based on the Canadian Professional Engagement Guide (PEG), which is described by CPA Canada as follows:
“PEG is designed to provide practical step-by-step guidance for practitioners and their staff to perform assurance and compilation engagements relating primarily to small and medium-sized entities.
This guide also promotes consistent application of the Canadian Auditing Standards and the Other Canadian Standards (review engagements, compilations and compliance engagements) included in the CPA Canada Handbook – Assurance, Post-Auditor Reporting.
This publication was created to help practitioners achieve the following:
- Conduct high-quality, cost-effective small and medium-sized entity assurance and compilation engagements in compliance with professional standards.
- Inform, educate and train professional accountants and students.
- Better serve the public interest.”
“PEG is not intended as a substitute for reading and understanding the relevant professional standards contained in the CPA Canada Handbook – Assurance, Post-Auditor Reporting, nor is it a substitute for the application of professional judgment required by practitioners.” |
Disclaimer
This guide is designed to assist practitioners in the implementation of Canadian Auditing Standards for audit engagements and Other Canadian Standards applicable for review, compilation and compliance reporting engagements. The guide is not intended to be a substitute for the standards.
Practitioners should utilize this guide in light of their professional judgment and the facts and circumstances involved in each particular engagement. CPA Canada disclaims any responsibility or liability that may occur, directly or indirectly, as a consequence of the use and application of this guide.
Copyright
The PEG template is copyrighted by CaseWare® International Inc. Use of this template is subject to CaseWare® International Inc.’s end user license agreement. All intellectual property rights in the software and content remain the exclusive property of CaseWare® International Inc. or CPA Canada as the case may be. When using this template you must comply with the law, including without limitation, copyright laws.
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