Compilation Engagements - Review of Section 9200 (VO)

The seminar covers the existing standard and not the new CSRS 4200. It is intended to be a reference for those practitioners looking for guidance and practical examples on preparing compilations in accordance with Section 9200, the existing standard. In addition, the seminar looks forward to the new standards on compilation engagements and the key differences between the proposals and the current standards

In the seminar, scenario-based exercises will assist participants in developing their understanding of the existing standards and common issues, including appropriate disclosures in compiled financial statements, CPA Code of Professional Conduct concepts such as association with false and misleading information and independence, and assessing what documentation is necessary to support a compilation engagement file.

Lastly, the seminar looks to the proposed CSRS 4200: Compilation Engagements and the key differences between the proposals and the current standards.

Experienced practitioners, and senior professional staff responsible for reviewing compilation engagements, who would like an overview of the practical issues of completing and documenting compilation engagements.

By the end of this course, participants will be able to:

  • Outline the intent of a compilation engagement and the key differences from assurance engagements
  • Evaluate the appropriateness of a compilation engagement to meet the needs of clients
  • Identify the required documentation to meet the requirements of the applicable compilation standards
  • Contract the existing standards from the proposed new standards for compilation engagements

Participants should be familiar with the CPA Handbook – Assurance sections 9200 and AuG-5, and with preparing compilation engagements. Participants would also benefit from reading the AASB’s exposure draft on CSRS 4200: Compilation Engagements prior to taking the seminar.

Course Code:  VO2019
CPD:  Estimated CPD Hours: Total - 3.5  Ethics - 1
Competency:  Assurance
Course Level:  Intermediate
4/20/2020 - 8/31/2020
Video on Demand


Monday, 20 April 2020

Select if you do not have a Passport
4/20/2020 - 8/31/2020
Requires 1/2 Passport day
4/20/2020 - 8/31/2020

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