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Compilation Engagements - AASB

Date recorded:

At its meeting on October 16-18, 2017, the AASB discussed issues identified in developing a revised standard to replace Section 9200, Compilation Engagements, including requirements related to: (i) the practitioner’s knowledge of the entity; (ii) performing the engagement; (iii) documentation requirements; and (iv) matters affecting engagement acceptance and terms of the engagement.

The Compilation Engagement Task Force also provided an update on the online survey, seeking feedback on proposed changes to the standard. This survey is anticipated to be launched by the end of October 2017.

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

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