b"Independent Auditor's ReportDraft for discussionTo the directors ofCanadian School Boards AssociationsOpinion We have audited the financial statements of Canadian School Boards Associations(theAssociation), which comprise the statement of financial position as at March 31, 2025, thestatements of operations, changes in net assets and cash flows for the year then ended, andnotes to the financial statements, including a summary of significant accounting policies.In our opinion, the accompanying financial statements present fairly, in all material respects, thefinancial position of the Association as at March 31, 2025, and its financial performance and cashflows for the year then ended in accordance with Canadian accounting standards for not-for- profitorganizations.Basis for Opinion We conducted our audit in accordance with Canadian generally accepted auditingstandards. Ourresponsibilities under those standards are further described in the Auditors Responsibilities forthe Audit of the Financial Statements section of our report. We are independent of theAssociation in accordance with the ethical requirements that are relevant to our audit of thefinancial statements in Canada, and we have fulfilled our other ethical responsibilities inaccordance with these requirements. We believe that the audit evidence we have obtained issufficient and appropriate to provide a basis for our opinion. Responsibilities of Management and Those Charged with Governance for the Financial StatementsManagement is responsible for the preparation and fair presentation of the financial statementsin accordance with Canadian accounting standards for not-for-profit organizations, and for suchinternal control as management determines is necessary to enable the preparation of financialstatements that are free from material misstatement, whether due to fraud or error.In preparing the financial statements, management is responsible for assessing the Associationsability to continue as a going concern, disclosing, as applicable, matters related to going concernand using the going concern basis of accounting unless management either intends to liquidatethe Association or to cease operations, or has no realistic alternative but to do so. Those charged with governance are responsible for overseeing the Associations financial reportingprocess.74"