Problem
Jenny is a senior manager at S&J, CPAs. She is creating an easy-to-follow manual for new hires and has asked Zhang to answer the following questions:
1. In the Canadian Standards on Quality Control (CSQC 1), what is the definition of a listed entity?
2. With respect to related parties, what are the management inquiry requirements of an auditor within the Canadian Auditing Standards (CASs)?
3. What are the objectives of a compilation engagement according to the Other Canadian Standards (OCSs)?
4. In which section in the CASs is the guidance related to group audits contained?
5. During a review engagement, if the practitioner becomes aware of an event that occurred after the date of the financial statements but before the practitioner's report is dated that requires a material adjustment, what are the auditor requirements per the OCSs?
6. According to CASs, what procedures are required for external confirmations?
7. Within the Assurance and Related Services Guidelines (AuG) specific to public service, what are the examples of the different sources a practitioner can use when selecting or developing suitable criteria?
Required:
Using the CPA Canada Handbook - Assurance, answer the questions by navigating to the appropriate section and copying the relevant Handbook quotation for your response.