The article reviews the significant events in the development of AICPA standards which led to the establishment of two types of CPA engagements on the financial statements of nonpublic businesses??pilations and reviews. As a part of this development, the article describes various CPA-user communication problems which resulted from unaudited financial statement engagements and limited procedure engagements.
Rankin, Larry Joe
"Development of compilations and reviews,"
Accounting Historians Journal: Vol. 11
, Article 4.
Available at: https://egrove.olemiss.edu/aah_journal/vol11/iss1/4