Assurance Levels That Keep You (and Your Clients) Out of Trouble
Many accountants are offering more assurance than they realise—and that opens the door to legal, financial, and reputational risk. This session unpacks what the Companies Act really expects of you.
2 CPD units May 14, 2025
What will set you apart
By completing this course you will gain the following competencies
- What each level of assurance means—compilation, independent review, and audit
- When you’re legally required to perform assurance under the Companies Act
- How to protect yourself (and charge properly) when signing off financials
Event breakdown
- Understanding the three levels of assurance in the Companies Act
- The difference between no assurance, limited assurance, and reasonable assurance
- How to apply the right level of assurance in practice
- Common pitfalls: where accountants give unintended assurance
- Risk mitigation and professional responsibility
- How to position assurance as a value-added, billable service
- Q&A Session
Category: Assurance & reportingType: CPD CourseCPD category: Independent Review
Description
Think you’re “just compiling” financials? Think again. Many accountants unintentionally step into assurance territory—without realising the liability that comes with it. This 1 hour session clears the confusion around assurance levels under the Companies Act and what your signature on a report actually means. You’ll learn how to stay compliant, avoid unintended risk, and offer assurance services with confidence and clarity. Whether you're in practice or commerce, if you're touching financials—you need to understand what you're on the hook for.
You will earn a certificate
On successful completion you will receive a certificate for 2 CPD units in Independent Review.
Requirements
- Laptop, desktop, or mobile device with internet access
- Microsoft Edge, Google Chrome, Safari, or Firefox browser