Other Canadian Standards

Exposure Draft, Compilation Engagements


The Auditing and Assurance Standards Board (AASB) proposes, subject to comments received on exposure, to issue a new Canadian Standard on Related Services (CSRS) 4200, Compilation Engagements. This standard would replace:
  • COMPILATION ENGAGEMENTS, Section 9200; and
  • ASSURANCE AND RELATED SERVICES GUIDELINE AuG-5, Compilation Engagements – Financial Statement Disclosures.

Staff Contact(s)

Eric Turner, CPA, CA

Director, Auditing and Assurance Standards Board


Section 9200 was first issued in 1987 and has not been significantly revised since then. Starting in 2011, the AASB conducted extensive consultations with representatives of the provincial accounting bodies, practitioners and lenders to understand better how compilation engagements are performed today and the issues identified by stakeholders.

The AASB formed the Compilation Engagement Task Force in early 2015 to assist in revising Section 9200. The Task Force consists of six practitioners from small, medium and large public accounting firms who have extensive experience performing compilation engagements. The Task Force also includes two observers from the provincial accounting bodies.

In 2016 and 2017, the Task Force undertook outreach activities, such as roundtable discussions and an online survey, to seek stakeholders’ views on various matters relevant to the development of a new standard on compilation engagements.

The Task Force also considered work done in this area by other standard-setting bodies, such as the International Auditing and Assurance Standards Board (IAASB) and the Accounting and Review Services Committee of the American Institute of Certified Public Accountants. These standard-setting bodies have each recently issued a revised standard on compilation engagements.