CPA Canada has issued this tool to help member implement the new Compilation Engagements standards. This tool includes:
- factors to consider when determining if an engagement can be accepted;
- considerations when performing the engagement, including frequently asked questions throughout the tool;
- examples of descriptions of the basis of accounting;
- a sample compilation engagement report; and
- a summary of the significant differences between CSRS 4200 and Section 9200, Compilation Engagements.
Download the tool and learn the steps required to implement CSRS 4200 and perform compilation engagements for periods ending on or after December 14, 2021, with early application permitted.
Implementation Tool for Practitioners: Compilation Engagements