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Client’s guide to CSRS 4200, Compilation Engagements

Published on: Nov 02, 2021

CSRS 4200, Compilation Engagements has been published by the Auditing and Assurance Standards Board and is effective for compiled financial information with periods on or after December 14, 2021. Early application is permitted.

This publication provides an overview of the new standard, in order to help organizations determine whether a compilation engagement under CSRS 4200 is appropriate for their purposes. Specifically, it discusses the following questions related to the new compilation engagement standard:

  1. Why is a new compilation engagement standard necessary?
  2. What is the practitioner’s objective when they are engaged to perform a compilation engagement?
  3. What is the scope of a compilation engagement?
  4. What are the key considerations and what is the impact to the organization?

This publication was released by our Canadian firm.

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