Many accountants are asked to report on an organization’s compliance with agreements, statutes and regulations, and need to apply the appropriate assurance standards. When an audit or review of compliance with laws, agreements or regulations is required, CSAE 3530 Special Considerations – Attestation Engagements to Report on Compliance and CSAE 3531 Special Considerations – Direct Engagements to Report on Compliance apply.

This seminar covers the CPA Canada Handbook requirements for engagements to audit or review compliance of financial or non-financial information with agreements, statutes, laws or regulations.   Common reports include reports on compliance with:

• debt covenants in a banking agreement 
• the terms of a lease arrangement 
• financial reporting requirements of a not-for-profit funding arrangement 
• non-financial requirements for a public-sector organization

• identify and explain the differences between CSAE 3530 and 3531 and apply the integration with CSAE 3000 and 3001
• understand the differences in practical application for both compliance audits and compliance reviews
• apply CSAE 3530 and 3531 performance and reporting requirements with a focus on:
  
  • acceptance and continuance
  • planning – understanding the entity and risk assessments
  • responding to risk assessments
  • obtaining sufficient appropriate evidence
  • preparing the report on compliance

• overview and scope of CSAE 3530 and 3531 
• CSAE 3530 and 3531 performance requirements
• CSAE 3530 and 3531 reporting requirements with illustrative examples

Course Content Created: August 2024

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About This Product

On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.

Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.

Please note that not all on-demand courses include downloadable materials such as course notes or slides.

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