These templates cover the requirements of SAE 3100 (Compliance Engagements) and ISAE (NZ) 3000 (Assurance Engagements other than Audits or Reviews of Historical Financial Information).
The templates cover full planning, engagement letter, risk assessment, internal control analysis, testing pages, audit reports, management letters and more.
Available templates:
- Compliance Engagement - General (2021) - A general-purpose compliance template for testing compliance with terms of grants, trust deeds etc. – for both reasonable and limited assurance.
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Compliance Engagement - Real Estate Trust Sales (2021) - For use in the audit of compliance in terms of the requirements of the NZ Real Estate Act (2008) and Real Estate Agents (Licensing) Regulations 2009. Includes:
- Specific checklists including the requirements of the 2009 Regulations,
- Letters and reports that comply with the requirements of the Regulations and the 2008 NZ Real Estate Act.
- Testing set up to cover the requirements for three visits.
- Testing of monthly returns.
- Custom audit report with options for modified (adverse, disclaimed and qualified) opinions.
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Compliance Engagement - Real Estate Trust Property Management (2021) - For testing reasonable assurance compliance with terms of the requirements of the NZ Real Estate Act (2008) and Real Estate Agents (Licensing) Regulations 2009 (for commercial property leasing are required to be audited under the Act and Regulations) and optionally for residential real estate where reasonable assurance is required in terms of the REINZ requirements for residential rental trust accounts (including checklists for those requirements).
- Testing set up to cover the requirements for three visits.
- Audit reports for compliance with either REINZ Code of Practice or NZ Real Estate Act (2008) and Real Estate Agents (Licensing) Regulations 2009.
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Compliance Engagement - Residential Rentals (2024) - for testing limited assurance compliance with terms of REINZ requirements for residential rental trust accounts.
- Multiple visit coverage.
- Checklists include basic requirements of the Residential Tenancies Act 1986 and the REINZ Code of Practice.
- Specific reports for compliance with with the REINZ Code of Practice for Residential Property Management.
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Compliance Engagement - PTE (2022) - For use in the audit of compliance of Private Training Establishments with the terms of the trust deed, the Education and Training Act 2020 and Student Fee Protection Rules 2022.
- Specifically for the audit of PTE Trust Accounts in terms of NZQA Student Fee Protection Rules 2013 made under section 253 of the Education Act 1989. Includes:
- Checklists for the different kinds of Trust Deeds: NZQA Standard Trust Deed, NZQA Static Trust Deed and NZQA Bank Bond Trust Deed.
- Tests are designed around compliance with the rules and the requirements of the Deeds.
- There are also internal control checklists that address the specific requirements of the rules.
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Compliance Engagement - Body Corp Trust Account (2022) - For use in the audit of entities managing property body corporates (like Crockers, Body Corporate Admin (BCA), Strata and First Street), testing compliance in terms of the requirements of the Unit Titles Act 2010 and Unit Titles Regulations 2011.
- For both reasonable and limited assurance.
- Compliance Engagement - Solicitors Trust Account (Samoa 2023) - For use in the audit of compliance in terms of the requirements of the Samoan Lawyers and Legal Practice Act (2014).
In addition, we have the following limited assurance compliance templates for AML/CFT work:
- Compliance Engagement - AML/CFT Limited Assurance (2022) - For use in carrying out limited assurance compliance engagement in accordance with requirements of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009. Based on SAE 3100 (Revised), ISAE (NZ) 3000 (Revised) and SAE 3150. Includes assurance reports as recommended by CAANZ.
- Compliance Engagement - AML/CFT (Samoa 2022) - Limited assurance compliance engagement in accordance with requirements of the Samoan Money Laundering Prevention Act 2007 and the Money Laundering Prevention Regulations 2009. Based on SAE 3100 (Revised) and ISAE 3000 (Revised).
- AML/CFT Audit (2022) - For engagements in accordance with requirements of the AML/CFT Act 2009. For the use of non-Chartered Accountant AML auditors.
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