Today we take a look at compilation engagement issues such as:
What does the new compilation report look like?
Should a compilation report have a title and a salutation?
Should the financial statement pages refer to the compilation report?
How should a departure from the applicable reporting framework be communicated?
How should a going concern issue be communicated?
How does the use of the tax basis of accounting alter the compilation report?
What are the minimum work paper requirements?
Are you required to make inquiries in a compilation engagement?