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COMPILATION REPORT/MANAGEMENT ACCOUNTS

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cappachino
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Joined: Mon Mar 25, 2013 9:24 pm
Location: LONDON

COMPILATION REPORT/MANAGEMENT ACCOUNTS

Post by cappachino » Wed Mar 25, 2015 10:21 pm

Hello everyone,
What is a compilation report? Can anyone share a format as to what a compilation report looks like and what details this report contains.
Thanks and regards

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marcnath
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Re: COMPILATION REPORT/MANAGEMENT ACCOUNTS

Post by marcnath » Sat Mar 28, 2015 8:18 am

You need a certified accountant to do this. And any certified accountant would know what it means.
It is a standard report including Profit & Loss, Balance sheet and the accounting notes.
Compilation report also indicates that it is not an audited report.

cappachino
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Posts: 490
Joined: Mon Mar 25, 2013 9:24 pm
Location: LONDON

Re: COMPILATION REPORT/MANAGEMENT ACCOUNTS

Post by cappachino » Sat Mar 28, 2015 12:00 pm

marcnath wrote:You need a certified accountant to do this. And any certified accountant would know what it means.
It is a standard report including Profit & Loss, Balance sheet and the accounting notes.
Compilation report also indicates that it is not an audited report.
Thank you for your reply

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