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welcome to caseware quickvids in this quickvid will show you how to update your template with the new professional engagement guide or peg for short this update is necessary to comply with changes to the Canadian auditing standards and other Canadian standards effective December 14th 2017 the update procedure involves performing a year-end closed on your C PEM file creating a new file using the PEG template and copying over external documents from the previous yearamp;#39;s file performing a year-end close weamp;#39;ll start by performing a year-end close on a 2017 file that uses the CPM template from working papers click year-end close from the engagement tab set your roll forward options and select the data to include in the next yearamp;#39;s file click OK creating a PEG file now create a new file based on the PEG template go to the file menu from working papers and click new name the file and select the PEG template from the available list click create and import data weamp;#39