Episode 7 – A Comparison of Preparation and Compilation Engagements under SSARS 21

You’ve been wondering how the Preparation of Financial Statements option in SSARS 21 compares with the Compilation Engagement option in the same standard. Maybe you’ve also been wondering, “Which is the best to use?” Here’s a brief summary of how the two standards compare as well as information about how to choose between the two.

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