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New compilation standard: Practitioner alert

Learn about the new standard on compilation engagements, CSRS 4200, Compilation Engagements, and how it impacts you.

We have issued this audit and assurance alert to raise awareness about the new compilation standard that is effective for periods ending on or after December 14, 2021 (with early application permitted). This alert will help you understand the changes you can expect to see and how those changes will impact your performance of compilation engagements.

What will I learn about?

  • why the change was needed
  • significant differences between the previous and new standard
  • services excluded from CSRS 4200
  • description of the basis of accounting
  • the new compilation engagement report

What do I do next?

Check out our other useful resources, including a:

  • Management Briefing
  • Third Party Briefing
  • Practitioner's Implementation Tool (coming soon)
  • Practitioner's Pulse Webinar