Audit and assurance alert: CSRS 4460 — A new standard for reports on supplementary matters
Audit & Assurance Alert: CSRS 4460 — A New Standards for Reports on Supplementary Matters: Are You Ready? raises awareness about CSRS 4460, Reporting on Supplementary Matters Arising from an Audit or a Review Engagement.
This new standard, issued in June 2014, deals with engagements where a practitioner is asked to report on supplementary matters to a third party such as a regulator or funder.
- practical considerations that will help you:
- determine if you have engagements that will fall under this new standard
- understand how you can prepare for them
When will this new standard be effective?
CSRS 4460 will be in effect for reports dated on or after April 1, 2016, though early adoption is possible.