Answer :
An accountant is not able to finish a compilation engagement for a nonissuer because control has now not supplied the vital statistics. as a result, the accountant should withdraw from the engagement.
A compilation engagement is a sort of engagement in which a company engages an out of doors accountant to prepare and gift economic statements. It is not designed to express an opinion or provide a warranty regarding the records contained within the monetary declaration.
A compilation engagement is a mandate through which an authorized public accountant collects the statistics supplied thru the control of the business enterprise and offers it inside the shape of financial statements.
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