Compilation Engagements

Free CPA AUD (Auditing & Attestation) lesson in Forming Conclusions and Reporting. 16 min read, ~2,397 words.

AR-C 80 (SSARS 21) governs compilation engagements, the practitioner assists management in presenting financial statements without providing any assurance. The practitioner does not perform inquiries, analytical procedures, or audit procedures, compilation is a nonattest service. A signed engagement letter is required before work begins. Independence is not required to compile...

What this lesson covers

• Content
• Example 1
• Common Mistakes
• Key Takeaways
• Exam Shortcuts

Learning objectives

• IV.C2

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