Compilation engagements and APES 315

Recent litigation engagements have led us to consider in practical terms how an accountant compiling a financial report for a client should respond when he or she finds that the information provided by the client is inconsistent or may not ocmply with accounting standards (in other words, how to comply with paragraphs 8.3 to 8.5 of the standard as currently drafted).  In our response to the APESB's recent call for submissions, we have suggested that further practical guidance in this area could be useful.