Compilation Engagements - AASB

Date recorded:

At its meeting on June 13-14, 2016, the AASB discussed issues related to its project to revise Section 9200, including: (i) the definition of a compilation engagement; (ii) the intended scope of the standard; (iii) whether there is a need for requirements dealing with quality control; (iv) work effort; and (v) reporting requirements. The AASB also considered a preliminary plan to consult with stakeholders as the project develops, emphasizing the need for focused discussions with affected practitioners as the AASB develops an exposure draft.

Review the executive summary on the AASB's Web site.

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