Compilation Engagement
A compilation engagement is usually carried out for companies that have little financing requirements and have no obligations towards third parties.
The objective of a compilation engagement is very different from that of a review or audit engagement. A compilation engagement provides no level of assurance regarding the financial statements and is not an assurance engagement. This type of mission seeks to help the client to compile his financial statements from the information at his disposal and is sufficient for the purpose of producing tax returns.
