CSRS 4400, Agreed-upon Procedures Engagements
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Effective date: |
Effective for agreed-upon procedures engagements for which the terms of engagement are agreed on or after January 1, 2022. |
Overview
Canadian Standard on Related Services (CSRS) 4400, Agreed-upon Procedures Engagements, sets out requirements relating to: (i) engagement acceptance and continuance; (ii) agreeing the terms of the engagement; (iii) performing the agreed-upon procedures; (iv) using the work of a practitioner's expert; (v) the agreed-upon procedures report; (vi) undertaking an agreed-upon procedures engagement together with another engagement; and (vii) documentation.
CSRS 4400 deals with the practitioner's responsibilities when engaged to perform an agreed-upon procedures engagement and the form and content of the agreed-upon procedures report. It applies to the performance of agreed-upon procedures engagements on financial or non-financial subject matters.
History of CSRS 4400
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Date |
Development |
Comments |
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August 2020 |
Issued to the CPA Canada Handbook – Assurance replacing: (i) Section 9100, Reports on the Results of Applying Specified Auditing Procedures to Financial Information other than Financial Statements; and (ii) Section 9110, Agreed-Upon Procedures Regarding Internal Control Over Financial Reporting. See Completed Project. |
CSRS 4400 is effective for agreed-upon procedures engagements for which the terms of engagement are agreed on or after January 1, 2022. |
Note: The above summary does not include details of consequential amendments made as the result of other projects.
Amendments under consideration
- None