Dollarama Inc. - Timeline of events

Dollarama Inc. - Timeline of events

Dollarama wrote a letter to PwC ending their audit relationship

05/11/2011

Dollarama contacted ELH & Associates

05/16/2011

ELH responded to Dollarama and scheduled a meeting that day

5/18/2011

Meeting between ELH & Dollarama

5/18/2011

ELH began client acceptance procedures

5/25/2011

ELH sent a communication letter to predecessor auditor

5/26/2011

Predecessor auditor responded to information release request and set meeting

6/3/2011

Meeting with predecessor auditor took place. No scope limitation uncovered

6/6/2011

ELH contacted legal counsel to authorize release of information

6/8/2011

ELH contacted Dollarama's bank to authorize release of information

6/9/2011

No serious pending litigation uncovered, and in good standing with bank

6/10/2011

Client acceptance procedures completed, Dollarama acceptable as client

7/1/2011

ELH drafted the engagement letter

7/1/2011

ELH began evaluating Dollarama business risks

7/15/2011

ELH began preliminary audit procedures

7/15/2011

ELH began materiality calculation, assessment

7/15/2011

ELH finalized the audit plan

7/26/2011