CA Firms / CATOs
(Note: Information on the 2013-2014 selection of offices for practice inspection, including the completion and submission of the planning questionnaire forms, follows the overview below. If you have received a letter confirming the date of a practice inspection visit, please see Confirmation of Inspection Visit below.)
The Institute’s practice inspection program is a key regulatory process launched in 1980. Its dual purpose is:
The success of the Ontario Institute's practice inspection program has resulted in many international inquiries. Recent initiatives by the provincial Institutes/Ordre have resulted in the implementation of a harmonized approach to the performance of practice inspections and the evaluation of inspection results by decision makers (i.e. provincial/Ordre practice inspection committees). The attached articles, in the Winter 2011 issue of CheckMark and a subsequent issues of e-Brief, describe numerous aspects of the harmonized practice inspection approach.
In addition to assessing compliance with prescribed professional standards, practice inspection assesses, on behalf of the Public Accounting Licensing Board, members' compliance with the minimum requirements for maintaining a public accounting licence.
Each year, the practice inspection team, consisting of the staff and the practice inspection committee, summarizes areas where standards adherence might be improved. The resulting "Focus on Practice Inspection Findings" letter to all practising offices serves to encourage firms to assess their own standards to ensure that the problems set out in the letter do not apply to their practices. This assists firms in improving the quality of their practices where necessary.
Find out more about the Institute's Practice Inspection Program through the following links:
2013-2014 Practice Inspection - Completion and Submission of Planning Questionnaires
The practice inspection planning questionnaires for 2013-2014 are all web-driven and the submission process is fully electronic.
The deadline for submission of the planning questionnaire is May 31, 2013.
The key information requested in the planning questionnaire is outlined in the link below; in order to simplify the process, offices are encouraged to assemble the necessary information prior to completing the questionnaire on-line.
To access the planning questionnaire forms and detailed instructions for completing them, please access the following link:
If you have any further inquiries with respect to the planning questionnaire or the practice inspection process, please refer to the “Practice Inspection Overview” above and the “Frequently Asked Questions” in the link below.
If your query is still not addressed, please contact the coordinator named in your selection letter. Please have on hand your practice inspection number (and confirmation number, if your query is with respect to a submitted questionnaire).
If you have received a confirmation letter in respect of a forthcoming 2013 practice inspection visit (i.e. a letter indicating the date of your practice inspection visit and the name of the inspector), the following forms, as set out in that letter, should be completed prior to the inspection and held for the inspector. All of these forms are fillable, saveable PDFs: