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AR 300 AR 300 Compilation Reports on Financial Statements  Form

AR 300 AR 300 Compilation Reports on Financial Statements Form

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okay here we're continuing our discussion of RC section.80 as relates to compilation of financial statements and last several videos we've been talking about our accountants compilation report and what are some of the requirements for including any compilation report and also any alterations that we needed to make if we're for instance not independent of the entity or if the entity used a special-purpose framework and preparing its financial statements and so now we are going to discuss what changes to the compilation report do we need to make if the entity elected to omit substantially all this disclosures required by the financial reporting framework okay and so first we see that the significant assumptions that are included in the disclosures are an essential part of prospective financial information so to make sure we understand here we're talking about prospective information or pro forma information so if there aren't disclosures that discu

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