A compilation engagement: compilation engagement is an engagement in which a company allowed an outside accountant to prepare the financial statement. In a compilation engagement, the company does not follow the standards of accounting principles to prepare the financial statement. . To discuss : The type of knowledge that an accountant must posse about the entity in order to perform a compilation engagement and review engagement

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Chapter 21, Problem 21.8RQ

To determine

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A compilation engagement: compilation engagement is an engagement in which a company allowed an outside accountant to prepare the financial statement. In a compilation engagement, the company does not follow the standards of accounting principles to prepare the financial statement. .

To discuss: The type of knowledge that an accountant must posse about the entity in order to perform a compilation engagement and review engagement

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