Canadian Standard on Related Services (“CSRS”) 4200, Compilation Engagements in the CPA Canada Handbook – Assurance is effective for compiled financial information for periods ending on or after December 14, 2021. It will change the look and feel of your compiled financial statements (previously commonly referred to as “Notice to Reader” financial statements) and will require more of our professional time to prepare them.
Click here to learn more about CSRS 4200
If you have any questions about the new compilation engagement standard or any other questions, please feel free to contact your Lipton advisor today.