AuG-49, Reporting on Compliance with Specified Authorities for Transactions coming to the Notice of the Auditor during the Audit of Financial Statements
Effective date: |
Effective for reports dated on or after April 1, 2019, with earlier adoption permitted. |
Overview
This Guideline provides guidance to auditors of public sector entities on the form of the auditor's report when expressing an audit opinion on whether the transactions that have come to the auditor's notice during the audit of financial statements complied with specified authorities.
This Guideline does not apply to the following engagements:
- Attestation engagements to report on management's statement of the entity's compliance with specified requirements: For this engagement, the practitioner would apply the requirements in CSAE 3530, Attestation Engagements to Report on Compliance.
- Direct engagements to report on the entity's compliance with specified requirements: For this engagement, the practitioner would apply the requirements in CSAE 3531, Direct Engagement to Report on Compliance.
- An engagement other than an audit or review to report instances of non-compliance with specified authorities observed in the course of discharging their audit responsibilities: For this engagement, the practitioner would apply the requirements in CSRS 4460, Reports on Supplementary Matters Arising from an Audit or a Review Engagement.
History of AuG-46
Date |
Development |
Comments |
September 2018 |
Issued to the CPA Canada Handbook – Assurance, replacing the requirements and application material in PS 5300, Auditing for Compliance with Legislative and Related Authorities in the Public Sector, paragraphs .14-.16 |
Effective for reports dated on or after April 1, 2019 with earlier adoption permitted. See Project. |
Note: Our history summary does not take into account consequential amendments made as the result of other projects.
Amendments under consideration
- None