The chartered Financial Analyst Chartered (CA) has just issued a chartered accounting standards and audit guide for financial analysts, offering more guidance for their roles.
The guidance covers how to assess the performance of a financial analyst and how to evaluate performance, including when to change strategies and how they should be audited.
The guide also provides guidance on when to ask questions, when to report performance and when to take steps to prevent misconduct.
It also gives guidance on how to prepare a presentation for a client or auditor, when an auditor has an objection to a statement, and when it’s appropriate for the auditor to report a performance.
The document also outlines ways to report an issue that’s significant to the analyst and provide the analyst with the opportunity to share relevant information about the issue with the client.
It’s a major update to the guidance issued in 2015.
The updated document is available to all financial analysts who have a certificate or certification issued by CA.
It is also available in English and French.CA has a number of accredited financial institutions that offer their analysts with financial products, including brokerages and investment companies.
The chartered auditors guide, issued by the CA Association of Financial Analysts, will be released to financial analysts in December, according to a spokesperson.