本文发表在 rolia.net 枫下论坛MENTORING
For those members who are unable to meet the experience requirement under item 7 above, but wish to have a proprietary interest in a professional practice firm, a mentor option is available. The member is responsible for selecting and negotiating the financial arrangements with the mentor (who has to be a full-time CGA practitioner).
The mentor is to be engaged by the member to review the new practitioner’s first ten financial statements files (and related tax work), prior to release of the files.
(If the member is not a licensed public accountant and knows or ought to have known that a third party will use or rely on the financial statements, he or she should not accept the engagement, unless it is a compilation engagement.
Under the Public Accounting Act, 2004, the applicable test for whether any services fall within the definition of public accounting for which a licence is required, is whether ‘it can reasonably be expected that the services will be relied upon or used by a third party’.)
If the mentor is not satisfied with the progress of the new practitioner, the practitioner could be required to complete any part or parts of the orientation to practice program for a second time. In such a case, the mentor can also recommend an extension of the mentoring requirement to more than 10 files.
The mentor is required to maintain a log of files reviewed with a summary of findings. The mentor will provide CGA Ontario with the log for consideration as part of the compliance program. The mentor must also let the mentee know that he or she is expected to retain a copy of the mentor’s report (and any correspondence between the mentor and the mentee) in a separate mentorship file, available for review by CGA Ontario’s practice inspector.
The mentoring requirement should not be confused with the practice inspection standard. Both are entirely separate requirements. All practitioners preparing financial statements will be inspected by CGA Ontario’s practice inspectors once every three years; although the first inspection has to be completed within one year of registration.
Please note these are two separate requirements of CGA Ontario.
The mentoring arrangement is a private arrangement between the mentor and the new practitioner, although both have a duty of care to report to CGA Ontario. The practice inspection is a mandatory requirement of CGA Ontario’s professional practice program and is carried out by senior practitioners appointed as practice inspectors by CGA Ontario.更多精彩文章及讨论，请光临枫下论坛 rolia.net