North American Product Classification System (NAPCS) Canada 2017 Version 1.0
771 - Legal and accounting services
This group comprises legal services; and accounting, tax preparation, bookkeeping and payroll services.
77121 - Accounting, tax preparation, bookkeeping and payroll services
This class comprises auditing and other assurance services; tax preparation and representation services; and bookkeeping, financial statement compilation, and payroll services.
771211 - Auditing and other assurance services
This subclass comprises financial auditing services; financial statement review engagements and agreed-upon procedures for financial information; other financial assurance services; and non-financial assurance services.
7712111 - Financial auditing services
Auditing of financial statements and examination of accounting records and other supporting evidence for the purpose of expressing an opinion as to whether financial statements are presented fairly in accordance with an appropriate, disclosed basis of accounting.
7712113 - Financial statement review engagements and agreed-upon procedures for financial information
Review engagements, with or without compilation services, to assess whether the financial statements being reported on are plausible within the framework of the appropriate criteria; agreed-upon procedures engagements to provide reports on the results of applying client-specified procedures to financial information.
7712114 - Other financial assurance services
Other financial assurance and related services.
7712115 - Non-financial assurance services
Audits, reviews and agreed-upon procedures performed in relation to non-financial matters. Findings are typically conveyed in a written report.
Illustrative example(s)
- assessing compliance with agreements
- auditing or reviewing of standards
- certification of compliance of public sector entities with legislative and related authorities
- certification of internal control procedures
- reporting about electronic commerce practices
- reporting on application of accounting principle
- reporting on computer system reliability
- statutes and regulations certification services
- value-for-money auditing of public sector entities
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