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In this session, we discuss the importance of compliance reporting, which aims to ensure that a company operates according to established criteria such as laws, regulations, and contractual agreements. The key objectives are to promote transparency, accountability, and good governance. Reporting on compliance can occur in three contexts: within a financial statement audit, as part of an attestation engagement, or through a single audit engagement. Each context has its specific focus and requirements, and it is crucial to understand these to effectively assess a company's compliance.