What is SRS 4410?
The compilation engagement was carried out by us in accordance with the Standard on Related Services (SRS) 4410 , “Engagements to Compile Financial Information”, issued by the Institute of Chartered Accountants of India. The balance sheet and the profit and loss account are in agreement with the books of account.
What is the value of the compilation engagement executed under SRS 4410?
The value of the compilation engagement executed as per SRS 4410 to users of such financial information results from a) application of professional expertise of the practitioner in financial reporting and accounting and b) adherence to professional standards, which includes applicable ethical requirements, and
What are the responsibilities of a practitioner under SRS 4410?
SRS 4410 deals with the responsibilities of a practitioner when: Management might request the professional accountant who is in public practice for helping them with the preparation and presentation of their financial information. The value of the compilation engagement executed as per SRS 4410 to users of such financial information results from
What is the proposed ISRS 4410 (revised)?
The proposed ISRS 4410 (Revised) represents the outcome of the IAASB’s deliberations to date.2 The IAASB believes that the proposed ISRS will help practitioners performing compilation engagements around the world converge on use of a globally accepted benchmark for such engagements.