As we continue to work through implementation of CSRS 4200 Compilation Engagements (CSRS 4200), we are sharing our frequently asked questions (FAQs). In our fifth post, we will address the inclusion of the firm’s logo on each individual statement. If you missed our first four posts addressing terminology being used including financial information, unaudited, and … Continue reading “CSRS 4200 Compilation Engagements: Logo or no Logo?”
CSRS4200 Archives - Clearline Consulting
CSRS 4200 Compilation Engagements: Should the financial statements be labeled “Unaudited – See Compilation Engagement Report”?
Author Clearline ConsultingPosted on Categories UncategorizedLeave a comment on CSRS 4200 Compilation Engagements: Should the financial statements be labeled “Unaudited – See Compilation Engagement Report”? As we continue to work through implementation of CSRS 4200 Compilation Engagements (CSRS 4200), we are sharing our frequently asked questions (FAQs). In our fourth post, we will address the inclusion of “Unaudited – See Compilation Engagement Report” as a reference on the cover page and the individual statements. If you missed our first three … Continue reading “CSRS 4200 Compilation Engagements: Should the financial statements be labeled “Unaudited – See Compilation Engagement Report”?”
Compliance Review – Adoption of CSRS 4200 Compilation Engagements
Author Clearline ConsultingPosted on Categories UncategorizedLeave a comment on Compliance Review – Adoption of CSRS 4200 Compilation Engagements The implementation of CSRS 4200 is the most significant change accounting firms have faced in over 30 years. Now is the time to receive feedback on your firm’s compliance with the new compilation engagement standards before templates and files are finalized. Clearline Consulting can help. We provide cyclical monitoring for compilation engagements completed under the … Continue reading “Compliance Review – Adoption of CSRS 4200 Compilation Engagements”
CSRS 4200 Compilation Engagements: Should there be a reference to the note(s) on the financial statements?
Author Clearline ConsultingPosted on Categories UncategorizedLeave a comment on CSRS 4200 Compilation Engagements: Should there be a reference to the note(s) on the financial statements? As we continue to work through implementation of CSRS 4200 Compilation Engagements (CSRS 4200), we are sharing our frequently asked questions (FAQs). In our third post, we will address the inclusion of a reference to the notes on the statements. If you missed our first two posts addressing terminology being used including financial information and … Continue reading “CSRS 4200 Compilation Engagements: Should there be a reference to the note(s) on the financial statements?”
CSRS 4200 Compilation Engagements: Management Representation Letter vs. Management Acknowledgement Letter
Author Clearline ConsultingPosted on Categories UncategorizedLeave a comment on CSRS 4200 Compilation Engagements: Management Representation Letter vs. Management Acknowledgement Letter As we continue to work through implementation of CSRS 4200 Compilation Engagements, we are sharing our frequently asked questions (FAQs). If you missed my first post, we addressed CSRS 4200 Compilation Engagements: Financial Statements vs. Financial Information. Here we are with FAQ#2. “If we choose to document management acknowledgements formally in a letter should it … Continue reading “CSRS 4200 Compilation Engagements: Management Representation Letter vs. Management Acknowledgement Letter”
CSRS 4200 Compilation Engagements: Financial Statements vs. Financial Information
Author Clearline ConsultingPosted on Categories Uncategorized2 Comments on CSRS 4200 Compilation Engagements: Financial Statements vs. Financial Information As it goes with any new standard, here we are just over a month into the effective date and now we get down into the details of application. My most asked questions this week is “Can we refer to the statements as financial statements or is it a standards requirement to use the terminology financial … Continue reading “CSRS 4200 Compilation Engagements: Financial Statements vs. Financial Information”