AT-C 315 Compliance Attestation
Original Pronouncement
| Source | Statement on Standards for Attestation Engagements (SSAE) 18, Attestation Standards: Revision and Recodification. |
Applicability
This Section provides guidance for engagements related to either:
- Compliance with requirements of specified laws, regulations, rules, contracts, or grants (specified requirements), or
- The effectiveness of internal control over compliance with specified requirements.
(AT-C 315.01)
A practitioner may be engaged to perform agreed-upon procedures to assist users in evaluating management's written assertion about an entity's compliance with specified requirements, the effectiveness of internal control over compliance, or both. A practitioner also may be engaged to examine compliance with specified requirements or a written assertion thereon. For example, some electronic funds transfer associations or networks require their members who process transactions to complete a compliance exam.
On every attestation engagement, CPAs must comply with Section 105 and one of the service sections. For Section 315, CPAs must comply with Section 205 on examination engagements or Section 215 on agreed-upon procedure engagements. (AT-C 315.04) See the chapter on the AT-C Preface for more information about the AT-C section structure.
The Statement does not apply to:
- Reviews.
- Examination engagements to report on an entity's internal control over compliance with specified requirements.
- Situations in which ...