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COMPILATION REPORT Sjsu  Form

COMPILATION REPORT Sjsu Form

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the auditing and assurance standards board approved a new standard on compilation engagements called canadian standard on related services 4200 it replaces the compilation engagement standard we have today which is section 9200 and assurance and related service guideline number five the new standard updates and strengthens the requirements and guidance for accepting conducting and reporting on compilation engagements the board's decision to update the existing standard was driven by the input we received from hundreds of stakeholders the board learned that the existing standard which has not been revised in nearly 35 years was outdated for the current environment and needs of stakeholders in 2018 we issued an exposure draft detailing our proposed improvements to the compilation engagement standard in response the board received substantial feedback from several sources including 188 comment letters round tables held across canada and from lenders through a survey discussion sessions we

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