In conversations with our clients these are some of the questions that come up. If there are others that you’d like answered please let us know.
Q. What is the difference between an Audit, Review & Compilation Engagement?
A. There are three types of “year end” engagements that Feltham & Associates can be engaged to perform for a company under the CICA guidelines (Canadian Standards):
- Audit Engagement
- Review Engagement
- Compilation Engagement or “Notice to Reader”
Each of these differs in the scope of the work performed, and the level of assurance that is then provided. (Read More)