Wiley Practitioner's Guide to GAAS 2023, 2nd Edition

60AT-C 315 Compliance Attestation

• Scope
• Definitions of Terms
• Objectives of an Examination Engagement
• Objectives of an Agreed-Upon Procedures Engagement
• Requirements—Examination Engagements
  • Preconditions for Examination Engagements
  • Written Assertion—Examination Engagements
  • Reasonable Assurance—Examination Engagement
  • Procedures—Examination Engagements
  • Written Representations—Examination Engagements
  • Forming an Opinion
  • Practitioner's Examination Report (Adapted from AT-C 315)
  • Modified Opinions
• Requirements: Agreed-Upon Procedures Engagement
  • Preconditions for an Agreed-Upon Engagement
  • Understanding with Specified Parties
  • The Agreed-Upon Procedures Report

SCOPE

AT-C 315 provides guidance for engagements related to either:

• Examining compliance with requirements of specified laws, regulations, rules, contracts, or grants (specified requirements), or
• Performing agreed-upon procedures related to:
  • compliance with specified requirements or
  • the effectiveness of internal control over compliance with specified requirements.

  (AT-C 315.01)

Compliance requirements may be financial or nonfinancial. 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 ...