The International Auditing and Assurance Standards Board (IAASB) completed its project on Assurance Engagements Other than Audits or Reviews of Historical Financial Information in September 2013, after running the project since approving its proposal in March 2009. The standard itself has been effective for assurance engagements when the assurance report is dated on or after December 15, 2015. While this standard has been applicable for some time, its use has not been as widespread previously. With the global growth in and focus on non-financial and external reporting in recent years (e.g. ESG/sustainability reporting), auditing professionals need to extend their knowledge of the providing assurance relating to non-financial information, either to perform these engagements, or at least to be competent in taking into account the impact of information on both financial and non-financial reporting and risk of material misstatement in both forms of reporting. 

This short course is designed to enable auditors to understand the concept, process and requirements of non-financial assurance engagements performed in compliance with the International Standard of Assurance Engagements 3000 (Revised): Assurance Engagements Other Than Audits of Historical Financial Information issued by the IAASB. 

Please note we are currently working on a course for ISSA 5000. If this would be of interest to you, please let us know here. In the meantime, this course includes a brief overview of ISSA 5000.

• What is non-financial information? 

• The scope and objective of ISAE3000 

• Key principles and terminology contained in ISAE3000 

• Professional scepticism, professional judgement, materiality, audit evidence, audit procedures, internal controls. etc 

• Practical examples of principles and terminology 

• The assurance process: Non-financial information 

• Pre-engagement, risk assessment, planning, performing the engagement, finalisation and reporting 

• Types of assurance engagements 

• Modifications of audit report based on evidence 

• Understanding the users of ISAE3000 reports 

• The professional, independence and quality requirements of performing engagements in compliance with ISAE3000 

This course is delivered through a blend of expert instruction, real-world case studies and interactive group work to ensure practical understanding and application of ISAE 3000 (R). 

• Group internet-based instruction led by experienced assurance professionals 

• Step-by-step walkthroughs of ISAE 3000 (Revised) requirements, from planning to reporting 

• Case studies and examples covering non-financial assurance engagements, including ESG and sustainability reporting 

• Hands-on exercises and scenario-based discussions to apply concepts in context 

• Opportunities for peer learning, with facilitated discussions on emerging challenges and best practices 

• In line with VantagePoint’s sustainability commitment, course materials are provided in digital format. Printed handouts will be limited to in-class exercises only. 

This course provides eight hours of CPE/CPD credits.

VantagePoint Training is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For information regarding administrative policies such as our complaint policy and refund policy, please contact us at training@vantagepoint.consulting.