Survey being conducted on independence in compilation engagements.

PositionAccording & auditing news - Survey - Brief article

Due to the evolving complexity of the independence standards as codified in the AICPA Code of Professional Conduct, the Accounting and Review Services Committee is seeking input from CPAs, their clients and third-party users of compiled financial statements regarding the need for independence when performing compilation engagements.

To gather this feedback, the ARSC has issued a survey entitled "Need for Independence in Compilation Engagements." The survey sets forth specific questions for which the ARSC would like to receive comments before it further considers the independence requirements related to compilation engagements.

The ARSC welcomes responses and comments to the survey from all interested parties. Comments may be submitted directly...

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