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Compilation Engagements – AASB

Date recorded:

At its meeting on June 10-11, 2019, the AASB discussed key issues stakeholders raised on the Exposure Draft, “Compilation Engagements,” including:

  1. the wording and format of the compilation engagement report;
  2. the stand back requirement; and (iii) the description of the basis of accounting.

At a future meeting, the Board will consider the effective date of the new standard and, if appropriate, approve the final standard.

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

Correction list for hyphenation

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