MNP Comment Letter - Proposed Canadian Standard on Related Services (CSRS) 4200 Compilation Engagements Exposure Draft

Category: Assurance

MNP Comment Letter - Proposed Canadian Standard on Related Services (CSRS) 4200 Compilation Engagements Exposure Draft


Thank you for the opportunity to provide input to the Auditing and Assurance Standards Board (AASB) on the above noted document (the “Exposure Draft”).

MNP LLP is one of Canada’s largest chartered professional accountancy and business advisory firms. Our clients include small to mid-size owner-managed businesses in agriculture, agribusiness, retail and manufacturing as well as credit unions, co-operatives, First Nations, medical and legal professionals, not for-profit organizations, municipalities and government entities. We believe that we are well positioned to provide feedback on this exposure draft.

We support the AASB’s efforts to clarify the nature and scope of the compilation engagement and the responsibilities of management and the practitioner. We have reviewed the exposure draft and provided our comments below.

Response Letter - Compilation Engagements

Contact a member of MNP's Financial Reporting Team

Michelle Balmer

Michelle Balmer CPA, CA

Vice President, Assurance

Michelle Balmer, CPA, CA, is a Senior Assurance Services Partner with MNP. With 14 years of experience in public practice, Michelle helps a broad range of public and privately held companies in a variety of industries. She also works on special projects, including costing studies, benchmarking and best-practice studies, operational analyses, litigation support and due diligence.

As a key member of MNP's Assurance team, Michelle has played an instrumental role in assurance policy development, implementing accounting and assurance standards firm-wide and educating assurance practitioners regarding methodologies and new pronouncements. She also provides technical advice and consultation on accounting and assurance issues, as well as on rules of professional conduct issues, to all MNP practitioners.

Michelle was certified a Chartered Accountant (CA) after obtaining a Bachelor of Commerce degree from the University of Alberta. She has been actively involved with the Institute of Chartered Accountants of Alberta, including the Chartered Accountants School of Business, in an instructional and marketing capacity. An avid volunteer, she has assisted numerous groups such as the Easter Seals of Alberta, Paralympic Sports Association and Junior Achievement of Northern Alberta.