
COMPILATION ENGAGEMENTS
Introduction
A Compilation Engagement is the most basic form of service an accountant provides in relation to financial statements.
In this type of engagement, an accountant assists an organisation in the management and presentation of its financial statements, helping to ensure information is organised and clearly presented for stakeholders.
It is important to note that no assurance is provided with respect to whether or not the financial statements are materially misstated. Essentially, the financial information provided by the client is compiled and presented in a financial statement format. These are largely compiled for tax reporting only.
If you’d like to learn more about how a Compilation Engagement can benefit you and your organisation, get in touch with us today.
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