Public Accounting Notice

During the first year of application, practice inspections across Canada have noted some significant deficiencies in the Canadian Standard on Related Services (CSRS) 4200, Compilation Engagements. This new standard is effective for compiled information for periods ending on or after December 14, 2021.

For additional information on implementing the new compilation standard, as well as implementation of the new quality management standards, please view the Practice Inspection Alert.