Compilation Engagements - AASB
Date recorded:
At its meeting on January 25-26, 2018, the AASB discussed issues identified in developing a revised standard to replace Section 9200, Compilation Engagements, including: (i) the scope of the standard; (ii) management’s responsibilities in the terms of the engagement; and (iii) requirements dealing with the practitioner’s knowledge of the entity. The Board anticipates approving the exposure draft of the revised standard in the spring of 2018.
Review the executive summary on the AASB's Web site.