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 Head officeHead office5811 Cooney Rd, Suite 305, South Tower,  Richmond BC, V6X 3M1

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CSRS4200

The new Canadian Standard on Related Services (CSRS) 4200, Compilation Engagements replaces Section 9200, compilation engagements and Assurance and Related Services Guideline AuG-5, Compilation Engagements - Financial Statement Disclosures. CSRS4200 is effective for compiled financial information for periods ending on or after December 14, 2021.

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Basis of Accounting

 

A note describing the basis of accounting applied is required to improve the understandability of financial information. Management is required to obtain third party approval of the expected basis of accounting.

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