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ISRS 4410 (Revised) — Compilation Engagements

ISRS 4410 (Revised) is an international pronouncement addressing requirements for a practitioner assisting in preparing and presenting financial information without assurance. The practitioner applies accounting and financial reporting expertise to help management prepare and present financial information. Management remains responsible for that information. A compilation report identifies the nature of the service and does not express assurance.

Worked example

An accountant compiles statements from management-provided accounting records.

Common mistake

A compilation uses accounting expertise to assist preparation; it does not provide an audit opinion or review conclusion.

Where it appears in your exams

QualificationExamRelationshipPeriod
ACCA AAA (INT) Supporting September 2026–June 2027