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The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
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Audit & Assurance
Accounting firms offer a wide range of professional services to their clients, including audit, review, other assurance, and related services. These services are regulated, with many jurisdictions requiring compliance with international standards or national requirements that have been based on international ones. High-quality international standards increase the comparability, consistency, clarity, credibility, and transparency of financial information. And, high-quality financial information, in turn, increases the stability of the global financial infrastructure. Read More
You are now viewing all "compilation" resources. View All Audit & Assurance Resources
The Guide helps practitioners in conducting compilation engagements in accordance with the International Standard on Related Services (ISRS) 4410 (Revised) Compilation Engagements. Practitioners can use the Guide as an introduction to compilation engagements, to deepen their prior understanding and knowledge, as a day-to-day reference guide, or as the basis for training modules.
10 ways a CPA firm can reduce professional liability in its accounting and auditing practice.
Is an interviewing strategy all talk? Not if you want to save time and money while conducting more effective investigations.
Peer review findings can translate into higher-quality audits.
ISRS 4410: The Standard for Today's Compilation Engagements
July 31, 2012 - IFAC
This article highlights the value of the revised International Standard on Review Engagements (ISRS) 4410, Compilation Engagements, especially to small- and medium-sized practices (SMPs) and their small business clients, with a focus on its versatility and other key features.
Presentation given by Phil Cowperthwaite, IFAC SMP Committee member, at the Malaysian Institute of Accountants Conference, Auditing Micro-Entities Efficiently and Effectively, March 23, 2012, Kuala Lumpur.