Arrangements for an opening meeting to be held in advance of the file review date will be made with the practitioner. This meeting will be held remotely.
The following matters will be discussed at the opening meeting;
Practice Structure
- Review of the pre-visit questionnaire (Audit) - (Non-Audit), provided in advance
- Client profile – full client listing provided with advance information
- Firm staffing structure
- Details of CPD attended by partners and all statutory auditors
- Professional indemnity insurance
- Practice accounts, fee income, aged debtors listing etc
- Client bank account details and client ledger reconciliation where applicable
- Partnership agreement/continuity of practice provisions
The reviewer may wish to discuss additional areas of your practice but will advise during the course of the meeting.